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AfricaMoney | May 1, 2017

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A greener Africa: Mauritius to fund Rwanda recycling plant

May 23, 2014 |

Mauritius wants to team up with local investors to turn Nduba dumpsite, the second site in Kigali established for municipal waste, into a modern recycling plant. (Image: Virgin Balloon Flights)

A delegation of inv...
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Rwanda follows in Mauritius’ footsteps, strengthens statistical systems

November 29, 2013 |

In August 2013, Egypt and Mauritius were ranked before Rwanda which was in the third position in the World Bank’s statistical capacity indicator after scoring 77 points out of 100. (Image: Government of Rwanda)

The emergin...
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Mauritius tops Sub-Saharan Africa in Doing Business report

October 29, 2013 | Mauritius, Rwanda and South Africa have emerged as the top three regional performers in the World Bank’s 2014 Doing Business report. Mauritius, Rwanda and South Africa have emerged as the top three regional performers in the World Bank’s 2014 Doing Business report. Ranked glo...
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Rwanda to host ICT and Innovation Summit

October 24, 2013 |

As Mauritius eyes the ICT sector for giving a boost to its economy, a Pan-African ICT and innovation summit to be hosted by Rwanda may be a golden opportunity for the island nation to connect with the rest of the continent. (Image: www.biztech...
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WTO’s Rugwabiza now CEO of Rwanda Development Board

October 11, 2013 |

Valentine Sendanyoye Rugwabiza, former deputy director-general of the World Trade Organisation, is now the Chief Executive Officer of the Rwanda Development Board (Source:

A former ...
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Rwanda to give Mauritius a run for investors’ money

October 2, 2013 | A business incubation centre being launched by the Rwanda Development Board in Kigali to promote small and medium enterprises (Source:

At the Africa Entrepreneurship...
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East Africa: All Africa Business Leaders Awards announces winners

October 1, 2013 |

The All Africa Business Leaders Awards (AABLA) announced the winners of the East African chapter at a glittering awards ceremony held in Kigali, Rwanda, on September 9.

Already in its second year, the Johnnie Walker Blue Label CNBC...
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Coming soon: All Africa Business Leaders’ Awards, East Africa

October 1, 2013 |

In a move that emphasizes the importance of Africa among emerging economies, the All Africa Business Leader Awards (AABLA) is holding its East African chapter to recognize African business visionaries at a glittering awards ceremony to be held in Kigali, Rwanda, later...
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Rwanda and the UN sign $400 million partnership

July 30, 2013 |

The government of Rwanda and One UN Rwanda have signed a five year $400 million development assistance Plan (UNDAP) that will help the government meet the millennium development goals and Vision2020 targets.

The UNDAP funds will be...
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Comesa seeks linkage for local manufacturers

July 26, 2013 | A delegation from the Common Market for Eastern and Southern Africa (Comesa) yesterday concluded charting ways of making manufacturing sector a key driver of private sector growth reported The New Times  from Rwanda. Read More

Rwanda signs 8.5 MW solar energy deal

July 24, 2013 |

The Government of Rwanda have signed a Power Purchase Agreement with GigaWatt Global Rwanda Limited to develop a first grid-level solar electric generating plant, the first of its kind in East Africa.  The Minister of State in Charge of Energy and Water, Eng. Emma Fr...
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The World Bank hails Rwanda private sector’s performance

June 25, 2013 |

 Swift and positive actions taken by the Government have successfully steered Rwanda towards a steady growth and positive outlook, says the Fourth Edition of the Rwanda Economic Update.  According to the report, Rwanda’s economy has grown by a robust 8 percent in ...
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RwandAir orders Bombardier Q400 NextGen Airliner

April 28, 2013 |

RwandAir will become the 12th operator of Q400 aircraft in Africa in its efforts to develop its domestic and regional markets RwandAir has placed an order for a new $33 million airliner produced by Canadian aircraft manufacturer Bombardier Aerospace. It has signed a ...
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New Forest Company’s Rwandan deal will boost wood products

April 13, 2013 |

The Rwandan Government has reached an agreement with a South African firm to harvest 10,000 hectares of forest planted around the Nyungwe National Forest . The New Forests Company (NFC) has announced it is starting sustainable forestry operations in Rwanda after comp...
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Stakeholders to discuss strategies to accelerate growth, Rwanda

March 31, 2013 |

Members of cabinet, ambassadors, mayors and heads of key government agencies, as well as senior members of the legislature and judiciary, and representatives of the private sector will participate in the three day 10th Government Leadership Retreat held under theme �...
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Rwanda’s GDP per capita in 2012 rises to USD 644 from USD 593 in 2011

March 24, 2013 |

In 2012, Rwanda’s Gross Domestic Product (GDP) per capita rose to USD 644 increasing from USD 593 in 2011 announced Rwanda’s Minister of Finance and Economic planning Amb. Claver Gatete to present how Rwanda’s economy performed in the last fiscal year. Presenta...
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Rwanda and World Bank sign US$ 50 million grant in support of national social protection program

March 23, 2013 |

The Government of Rwanda and the World Bank have recently signed an International Development Association (IDA) Grant of US$50 million to help Rwanda expand and manage its National Social Protection System. This was approved by the World Bank’s Board of Executive Di...
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World Bank provides financial boost to Rwandan energy sector

March 10, 2013 |

The World Bank has signed a financing agreement with Rwanda worth US$60mn, which will see the global bank help boost the country’s energy rollout programmeThe money will be part of an additional financing loan agreement with the International Development Association...
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Rwanda: Tourism sector led export grow again in 2012

February 21, 2013 |

February 21, 2013- The Rwanda Development Board (RDB) announced recently that the tourism sector has registered strong performance in 2012. This sector generated 281.8 Million USD compared to 251.3 Mill...
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New Push to Boost Electricity Access in Rwanda

February 20, 2013 |

February 20, 2013- The World Bank Board of Directors yesterday approved US$60 million in additional financing to bring more electricity to more Rwandans and for lighting public institutions such as schools, clinics and hospitals. ...
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Rwanda launches ‘iguide’ investment portal

February 11, 2013 |

Rwanda has launched  iguide, an investment portalRead More

Canarail reveals Tanzania-Rwanda railway construction underway

January 16, 2013 |

 16 January, 2013 - The Dar es Salaam- Isaka-Kigali/Keza-Gitega-Musongoti railway project, which is set to cost US$5.2bn and will take four years to complete, is expected to lower Rwanda and Burundi’s transport costs. Read More

Rwanda to invest US$4.7 billion in energy sector over next five years

January 13, 2013 | The Rwandan government has said it will invest US$4.7bn in the country's energy sector over the next five years to help it meet its ambitious target of producing 1,000MW of electricity by 2017. Dr Pierre Habumuremyi, the Rwandan Prime Minister, recently told parliament that the investment would be w...
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Bank of Kigali to Open Regional Offices

November 28, 2012 | Bank of Kigali (BK) will focus on opening representative offices in other East African Community partner countries to expand its clientele and maintain its market leadership position in Rwanda. The shift, which will start early next year, will target Nairobi, Kenya and Kampala, Uganda, in the short ...
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East African countries: Huge investment opportunity in housing

November 19, 2012 | November 19, 2012: Investing in housing in East Africa can prove to be fruitful. reports that five countries in East Africa “are living with a huge urban housing deficit.” Kigali, capital of Rwanda, needs 35 000 housing units every year fo...
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One of the places where one is most likely to feel safe

November 19, 2012 | In its latest report, Gallup states that Rwanda is one of those places where one is most likely to feel safe. Rwanda tops the list and is followed by Georgia, Qatar, Singapore, Indonesia and Hong Kong. Read More
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