AfDB in new drive to spur agric industrialisation


The African Development Bank (AfDB) has launched a plan to boost agriculture industrialisation across the continent. The new plan will see the AfDB scale up financial support for the production...

How Shirimpumu became a model farmer, thanks to BDF


Fourteen years ago, he was a well paid worker at Rwanda Biomedical Centre (RBC) earning a monthly salary of Rwf1 million. Many in his shoes would not even think of...

Financial inclusion: Why a coop bank is a win-win situation


When they were first established, the savings and credit cooperatives (Umurenge Saccos) were expected to enhance access to finance and boost financial inclusion at the grass roots level.

Nyabarongo hydro power station will give Rwanda a competitive edge


The completion of the construction of Nyabarongo hydropower project in the western part of Rwanda is one such landmark that promises to provide the residents with reliable power.

COMESA member states urged to harmonise trade polices


The Common Market for Eastern and Southern Africa (COMESA) secretary General, Sindiso Ngwenya has urged member states to fast track harmonisation of policies in the mining industry to make the...

Inflation up by 3.2% in August

Rwanda’s consumer Price Index, the main gauge of inflation increased by 3.2 percent in August 2017, the monthly report by the National Institute of Statistics (NISR) has indicated.

MTN donates sewing machines to women entrepreneurs


MTN Rwanda has donated high quality electronic sewing machines to women entrepreneurs as part of efforts to support Made-in-Rwanda campaign.

Vulnerable women get start-up kits

More than 60 vulnerable young women from Rusoro sector in Gasabo district have received start-up kits to boost their entrepreneurial skills.

Toroitich appointed as new BPR boss


Maurice Toroitich has been appointed as the new Chief executive officer of BPR. The appointment, which was approved by the board of directors of BPR Atlas Mara is effective September...

Direct Pay Online gets global accolade

Direct Pay Online Group has been recognized as one of the best payment platforms in Africa by the Payment Card Industry Data Security Standard.

GroFin pledges more support to SMEs


GroFin Rwanda, a private equity firm has pledged to invest more resources into the manufacturing sector to enhance productivity.

Savings culture: BK takes campaign to rural areas


Bank of Kigali has started a nationwide campaign to promote a savings culture. The campaign is part of Bigereho na BK’ or ‘achieve your dreams with BK’ which was launched...

Fuel prices increase


Rwanda Utilities Regulatory Authority (RURA) has revised fuel prices upwards. The price of petroleum has increased from Rwf969 to Rwf993 per litre while diesel now costs Rwf954 per litre up...

Rwanda, China in joint research to spur productivity


Experts from the Chinese Academy of Sciences (CAS) have inked a new deal with local researchers to help increase agricultural productivity through improved environmental conservation.

Uganda target Kenya plastic bags firms

Uganda is secretly wooing disgruntled Kenyan plastic bags manufacturers to relocate to Kampala following a total ban in the country.

Kigali to enjoy uninterrupted electricity supply - REG chief


Electricity supply woes could soon be a thing of the past for residents and businesses in the City of Kigali within the next two years. According to new ambitious targets...

New Rwf2 billion project to promote standards among small agro-industries


A new project that seeks to promote the quality and standards of locally-made products has been unveiled by the Rwanda Standards Board (RSB). The three-year ‘Zamukana Ubuziranenge’ project is targeting...

How BDF support turned former street vendor into a top metal fabricator in Rwamagana


He was a simple fruit vendor that most people in Rwamagana town residents commonly referred to as the “Scrap Boy”. But like the bible says, the downtrodden will be lifted...

20 years of RITF through the eyes of a 69-year-old pioneer exhibitor


Marguerite Nyirabanyaga is one of the hundreds of exhibitors showcasing different products at the ongoing Rwanda International Trade Fair (RITF) at the Gikondo showground in Kicukiro District. The artisan is...

Ntakabanyura minting cash from commercial banana farming


You can not miss it if you are visiting Birenga cell in Kazo sector, Ngoma District for the first time. The big well-mulched banana plantation is one of the eye-catching...

Collective investment scheme as a strategy for lower cost investments

Collective investment schemes invest in a broad range of securities, sometimes at lower cost due to negotiation skills and size of the investable funds.

Rwanda's mobile phone penetration rate rises marginally in June

The number of Rwandans with mobile phones increased marginally in the month of June, the Rwanda Utilities Regulatory Authority’s Active Mobile Telephone Subscription report for June indicates.

Mombasa port acquires modern harbour cranes to improve operations, support sustainable devt efforts

Nairobi – The Port of Mombasa got a major boost following the arrival of two ultra-modern diesel electric cranes. According to the Kenya Ports Authority’s (KPA), the acquisition of the...

How Bisanana turned his love for farming into a bankable venture


By the time Innocent Bisanana completed high school, he had a vision that drove his ambition to become self-reliant. Unlike most high school leavers, the youth did not limit go...