Why more real estate developers have embraced affordable housing


The real estate sector was one of the key contributors to Rwanda’s economic growth last year, adding 8 per cent to the national GDP growth during the fourth quarter of...

Local grain dealers, farmers tipped on quality


Grain dealers and farmers have been urged to ensure quality and standards as part of efforts to support cross-border trade and also help develop the grain sector in the region.

Egyptian investors eye Rwanda’s energy, agriculture sectors


Egyptian investors have expressed interest in exploring business opportunities in Rwanda’s construction, agro-business, renewable energy and textile sectors. The business operators, under the Federation of Egyptian Industries, also want to...

Why Kigali’s real estate industry rakes in better returns compared to regional cities


Kigali has higher rental yields than any other key cities in the residential and retail sector in Sub-Saharan Africa, a recent study shows. Rental yield is the rate of income...

RNIT Iterambere Fund grows to Rwf1.5bn in February


RNIT Iterambere Fund has continued its good performance, growing to Rwf1.530 billion at the end of February, the fund’s performance report for last month indicates.

Empowering generation Z through technology


The future of Africa belongs to Generation Z. As the world’s youngest region, approximately 20 per cent of Africa’s population is currently aged between 15 and 24. But the hope...

E-commerce boost as UK firm unveils world’s first smart contract marketplace

Modex has launched its first fully functional product alpha, bringing to the market the world’s first App Store for the blockchain. Modex’s Smart Contract Marketplace aims to tackle the ‘last...

Rwanda’s mobile telephone penetration rate rises to 76.1%


Rwanda’s mobile telephone penetration rate has inched up by 0.5 per cent to 76.1 per cent in February, from 75.6 per cent the previous month.

Varsity students pledge to promote savings culture, invest


Students participating in the ongoing 5th Capital Market University Challenge have vowed to promote the savings culture among young people, saying it is essential for the country’s banking sector to...

Youth urged to explore opportunities presented by the local exchange


Young people have been urged to adopt the culture of saving and investing through Rwanda Stock Exchange (RSE). This was during a tour of the local bourse by students from...

Airtel-Tigo merger kicks off with ‘Go from good to best’ campaign


Bharti Airtel and Tigo Rwanda have officially started the process to merge assets and services of the two firms, months after the takeover deal was approved by the regulator.

Cross-border e-commerce retail volumes to rise 25% by 2020, says DHL

Cross-border e-commerce continues to provide significant growth opportunities for retailers and manufacturers with an international online product offering.

Kigali to host global meet on responsible, inclusive finance


More than 400 financial experts from around the world are expected in Kigali in the next few days for the International Conference on Responsible and Inclusive Finance due next week.

Nigeria and Kenya inching closer to interest rate cuts

JOHANNESBURG – Nigeria and Kenya will follow Ghana’s lead and cut rates in the third quarter, a Reuters poll found, as long as there is a monetary committee quorum in...

IMF gives Kenya 6-month standby loan extension

Nairobi – The International Monetary Fund (IMF) has approved Kenya’s request for a six-month extension of a $1.5 billion) standby credit facility that was due to expire yesterday.

Access to reliable electricity transforming the fortunes of a small village in Gasabo


Antonine Twagiramungu, a maize farmer in Nkuzuzu Cell, Bumbogo Sector, Gasabo District, had for long been finding it difficult to add value to his produce. The challenge of not having...

AfDB moves to propel solar energy development in Africa


Efforts to light up Africa through off grid solutions have gained momentum, thanks to the new deal inked between the African Development Bank (AfDB) and International Solar Alliance. Hott Amadou,...

RSE roots for women empowerment in business


Private sector institutions should take a lead in empowering women to ensure sustainable economic development in the country. The call was made during an event dubbed ‘ringing the bell for...

How a housemaid defied odds to become a model farmer


Agnes Nyinawumuntu, a former housemaid is today a model coffee farmer in Rukara, Kayonza District. From a 10 hactare coffee farm, she earns millions and employs dozens of people. This...

How illegal fishing is hurting the industry output


Local fish production is expected to reach 30,000 in short term and almost half of this is expected to come from the traditional capture fishing. However, this could be derailed...

Are digital banking efforts finally paying off?


Last year, Government stepped up efforts to deepen use of electronic payment platforms including mobile and digital banking.

Government inks new deal to boost access to solar energy


THE Government of Rwanda, Mara Corporation Ltd and SB Energy Corp have signed a Memorandum of Understanding to boost solar energy and universal access to affordable electricity.

Rwanda can be a $20bn economy by 2025

Rwanda is at an interesting juncture. Over the last 12 years, it improved its Ease of Doing Business rank by 98 places – the highest globally, which resulted in strong...

Local traders hail Tanzania Ports Authority initiative


Rwandan importers and exporters will no longer have to travel to Dar es Salaam port, Tanzania to clear their shipments, thanks to the new Tanzania Ports Authority (TPA) liaison office,...