Category: Economy

The Rwanda Mines, Petroleum, and Gas Board( RMB) has blazoned an instigative discovery in Lake Kivu 13 oil painting wells showing signs of petroleum deposits. This advance marks a significant corner in Rwanda’s trip toward employing its natural coffers. still, farther studies are necessary to assess the volume of oil painting, its quality, and the […]

On December 19, 2024, the International Organization Against Corruption and Injustice, Rwanda’s branch, translucency International Rwanda( TI- Rwanda), published an analysis of the morning of open government procurement, which shows that in the morning of public procurement There are also loopholes in the government that are brought by some who want to get involved and […]

On December 12, 2024, a major moment unfolded in Kigali, Rwanda, as President Paul Kagame, in the company of Mohammed Ben Sulayem, the President of the International Automobile Federation( FIA), proudly unveiled Rwanda’s first locally made” Cross Car.” This remarkable racing vehicle symbolizes a new chapter for motorsport in the country and showcases the inconceivable […]

Rwandan businesswoman and entrepreneur, PDG Brenda Thandi Mbatha, turned into presently recognized with the prestigious GIFA D’OR 2024 award, a distinguished accolade that celebrates her amazing achievements as an influential investor inside the rental means zone, in particular catering to trippers and residers in Paris and Brussels. The award form, which chanced on Friday, November […]

In a combined trouble to reduce losses in the import of perishable agrarian products, USAID has partnered with original growers and exporters through the Feed the unborn- Kungahara Markets Project. This action involves the provision of cooled exchanges, designed to ameliorate the cold chain from the ranch to the National Agricultural Export Development Board( NAEB). […]

Kigali, Rwanda — November 5, 2024 — At the ongoing Africa Energy Expo, energy experts, assiduity leaders, and government officers have gathered to consolidate conversations on how to address the pressing energy challenges facing the African mainland. On the alternate day of the event, the focus shifted towards the critical need for African nations to […]

As Rwanda celebrates its devoted Savings Week from October 24 to October 31, 2024, citizens are being encouraged to borrow a stronger culture of saving, with an emphasis on fostering development and securing their fiscal futures. This time’s theme, “ Invest, Look Ahead, ” aligns with the global festivity of International Savings Day, encouraging individualities […]

The International Monetary Fund( IMF) has released a new report detailing profitable protrusions for Rwanda, indicating a promising growth rate of 7 for 2024. still, this growth is anticipated to decelerate down to 6.5 in 2025. This report is part of the IMF’s’ Regional Economic Outlook,’ which provides an in- depth analysis of the profitable […]

The Government of Rwanda has made a significant stride in its sweats toward sustainable civic development by securing over 28 million US bones ( roughly 37 billion Rwandan francs) from the Green Climate Fund( GCF). This major backing was blazoned during the 40th GCF Board Meeting held in South Korea and will support the ambitious […]

Kigali, Rwanda — Rwanda is preparing for its participation in the prestigious International Floriculture Trade Fair( IFTF) in the Netherlands from November 5- 7, 2024. This marks the country’s eighth successive appearance at the event, which has established itself as a crucial institution in the global floriculture sector over the once 14 times. Rwanda’s continued […]