African-Development-Fund

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The Minister of Finance and Economic Planning Uzziel Ndagijimana and Solomon Quaynor, Vice-President for Private Sector, Infrastructure and Industrialization at the African Development Bank sign the agreement on the sidelines of the African Development Bank Annual Meeting in Nairobi, Kenya, on Friday , May 31. Courtesy
Finance

Rwanda, African Development Fund sign $200 million financing deal

Friday, May 31, 2024
The Minister of Finance and Economic Planning, Uzziel Ndagijimana, and the Ag. Director General of Kuwait Fund for Arab Economic Development, Waleed Al-Bahar, during the signing of a concessional $20 million (about Rwf 26 billion) loan agreement on the sidelines of the African Development Bank Annual Meeting in Nairobi, Kenya, on Thursday, May 30. The funds will go toward rehabilitation of Muhanga-Nyange road. Courtesy.
Infrastructure

Rwanda, Kuwait sign $20 million deal for Muhanga-Nyange road upgrade

Thursday, May 30, 2024
EALA Speaker Joseph Ntakirutimana speaks during the 17th Meeting of the Bureau of EAC Speakers that was held in Nairobi, Kenya, on May 29, 2024. Courtesy
Africa

EAC parliament forced to postpone key activities due to financial constraints

Thursday, May 30, 2024
The African Export Import Bank (Afreximbank) has announced its annual meetings will be held next month in the capital Nassau in The Bahamas.
International

Afreximbank announces annual meetings in Bahamas next month

Wednesday, May 29, 2024
President Paul Kagame and AFDB President Akinwumi Adesina made a case for action to reform the global financial architecture, during a Presidential Dialogue on “Africa’s Transformation, the African Development Bank Group, and the Reform of the Global Financial Architecture,” at the AfDB Annual Meeting, in Nairobi, Kenya, on Wednesday, May 29.
Economy

There is room for all to benefit in re-designing global financial architecture – Kagame

Wednesday, May 29, 2024
Rugemanshuro said the proposed Fund is expected to be launched this year.. File
Economy

RSSB to launch Rwf30bn equity investment facility for SMEs

Wednesday, May 29, 2024
Akinwumi Adesina, the President of the African Development Bank (AfDB) addresses delegates during a media briefing,at the start of the five-day AfDB Annual Meeting, in Nairobi, Kenya on May 27. Courtesy
Africa

Industrial manufacturing must be at the core of AfCFTA –AfDB’s Adesina

Tuesday, May 28, 2024
President Paul Kagame interacts with Akinwumi A. Adesina, President of the African Development Bank Group. Kagame is expected to attend the African Development Bank (AfDB) Annual Meeting, slated for May 27 to 31
Economy

Kagame to attend African Development Bank meet in Kenya

Monday, May 27, 2024
Aerial view of the ongoing construction of Muvumba Dam to serve in irrigation at Gabiro Agrucultural Hub. Construction of Muvumba Multipurpose Dam project was allocated Rwf30 billion. Courtesy
Economy

Ten key projects to be funded under proposed Rwf5.7tn national budget

Saturday, May 25, 2024
The Chairperson of the African Union Commission, Moussa Faki Mahamat addresses members of the AU in Ethiopia. Courtesy

Inside AU’s struggle for self-sustenance

Friday, May 24, 2024
President Kagame chairing a past cabinet meeting at Village Urugwiro in Kacyiru. The cabinet among others approved new foreign envoys to Rwanda. File
Rwanda

Ghana gets first envoy resident in Kigali as Kaboneka joins human rights commission

Thursday, May 23, 2024
Paul Muthaura, CEO of the Africa Carbon Markets Initiative (ACMI). Courtesy
Environment

Can Africa position its carbon market to finance climate action?

Wednesday, May 22, 2024