June 03
Rwanda: Aviation Industry Set to Achieve Record Revenues in 2024
The aviation industry is set to achieve record revenues in 2024, nearing the $1 trillion mark. However, expenses are also projected to reach a record high of $936 billion,… Read more »
Tanzania: Rwanda-Tanzania Cross-Border Trade On the Rise
Every Thursday in Ndego Sector, Kayonza District, the shores of Kibare Lake buzz with activity. Ships unload tonnes of goods from Tanzania, while others load goods bound for… Read more »
Africa: Kagame Joins Leaders for Welcome Dinner Ahead of Korea-Africa Summit
President Paul Kagame on Monday, June 3, joined other leaders for a welcome dinner hosted by South Korean President Yoon Suk Yeol and First Lady Kim Keon Hee. Read more »
Africa: China-Africa Trade Cooperation Fosters Inclusive, Sustainable Growth in Africa - UNCTAD Official
China-Africa trade cooperation is playing a pivotal role in fostering inclusive and sustainable development across Africa, according to a senior official with the United Nations… Read more »
Rwanda: Rwanda to Adopt Digital Currency in Two Years - Central Bank
Rwanda is looking to develop its own national Central Bank Digital Currency (CBDC) in the next two years, as part of the country's efforts to streamline its financial system and… Read more »
Rwanda: Fish Production Surges As Rwanda Restores Two Lakes
Fish production in Cyohoha Lake in the Mayange, Mareba, and Ngeruka sectors of Bugesera district, as well as Kibare Lake in Kayonza District, has significantly increased following… Read more »
May 30
Africa: AfDB Puts Africa's 2023 Economic Growth At 3.1 Percent
Africa's average economic growth in 2023 fell to an estimated 3.1 percent, down from 4.1 percent of the previous year, as successive shocks weakened post-pandemic gains, the… Read more »
East Africa: EAC Parliament Forced to Postpone Key Activities Due to Financial Constraints
Key activities of the East African Legislative Assembly (EALA), the legislative arm of the East African Community, face a delay as a result of financial constraints stemming from… Read more »
May 29
Rwanda: There Is Room for All to Benefit in Re-Designing Global Financial Architecture - Kagame
President Paul Kagame has said that the world should come to a point of action to redesign the global financial institutions' architecture given that there is room for everyone to… Read more »
Rwanda: Why Rwanda's Central Bank Lowered Benchmark Rate?
The National Bank of Rwanda (BNR) lowered its key interest rate by 50 basis points to 7 per cent from 7.5 per cent, noting that inflation was projected to remain within its target… Read more »
May 28
Rwanda: How Rugezi Wetland Restoration Stabilised Hydropower Supply
Rwanda Environment Management Authority (REMA) has urged communities in Burera and Gicumbi districts to keep conserving the Rugezi wetland which has played a big role in… Read more »
Rwanda: Rwanda, Zimbabwe Satisfied With Cooperation Arrangement
The governments of Rwanda and Zimbabwe have expressed satisfaction with the implementation of bilateral agreements signed by the two countries in political, diplomatic, as well as… Read more »
Rwanda: Industrial Manufacturing Must Be At the Core of AfCFTA - AfDB's Adesina
The African Continental Free Trade Area (AfCFTA) is not merely about trade but rather putting in place industrial policies that facilitate the accelerated development of… Read more »
May 27
Rwanda: Rwanda, Zimbabwe Officials Meet in Harare to Bolster Bilateral Ties
The Zimbabwe-Rwanda mid-term review meeting of the second Joint Permanent Commission on Cooperation (JPCC) which is expected to further strengthen the already good bilateral… Read more »
May 22
Rwanda: IMF Approves $164m Funding to Rwanda
The Executive Board of the International Monetary Fund (IMF) has today, May 22, 2024, approved a total funding of $164.6 million to Rwanda, a statement from the IMF has said. Read more »
May 20
Africa: How Can Africa Claim Its Place On Global Stage?
At the just-concluded Africa CEO Forum in Kigali, a complex question was posed. The question asked whether Africa should be at the table or on the menu, and whether this was a… Read more »
Africa: Unnecessary Bottlenecks Are Hurting Africa's Trade - Act Now
At the just concluded Africa CEO Forum, renowned Nigerian businessman Aliko Dangote complained about bottlenecks to intra-Africa trade, giving an example that he requires a visa to… Read more »
Rwanda: Tougher Penalties Await Errant Miners in Proposed Mining Bill
The Government of Rwanda seeks to propose tougher penalties under a new draft law on mining and quarry operations to deter offences that include illegal mining and mineral trading.… Read more »
May 17
Rwanda: Time Is Ripe for Africa's Economic Independence - Experts
African government leaders should convert their commitments into concrete actions and put their countries on the path to economic development, experts have said. Read more »
May 16
Africa: Africa CEO Forum - Who Are the Business Tycoons in Kigali?
The two-day 2024 Africa CEO forum bringing together more than 2,500 business leaders and policymakers begun in Kigali on Thursday, May 16, with participants taking stock of what… Read more »
Africa: Africa Does Not Have to Ask for a Seat At the Table, Kagame Tells Business Leaders
President Paul Kagame on Thursday, May 16, issued a rallying call to African business and political leaders to work closely, together, noting that the more the continent is united,… Read more »
May 15
Rwanda: Completion of Rwanda's New Airport Extended to 2028
Rwanda's new airport in Bugesera District is expected to start operating in 2028, RwandAir CEO Yvonne Manzi Makolo announced during the Qatar Economic Forum in Doha, on May 15. Read more »
Rwanda: Why Rwanda Plans to Set Up Tech to Monitor Land Use
Rwanda plans to use technology that can help to detect changes in land use, a move that is intended to help tackle deviation including encroachment on agriculture land, and ensure… Read more »
Rwanda: Govt Mulls Punishment for Landowners Who Permit Illegal Mining Activities
Landowners who allow persons without licenses to carry out mining activities on their land risk being punished if a related provision in a new draft law on mining and quarry… Read more »
May 14
East Africa: Kenya Says Efforts Underway to Restore Internet in East Africa Following Submarine Cable Cuts
Kenya's telecommunications industry regulator said on Monday that efforts are underway to restore internet services that have been disrupted across East Africa. Read more »