Rwanda Marks Int’l Mining Day, Awards Best Practices

Rwanda Marks Int’l Mining Day, Awards Best Practices

After years of struggling with issues of illicit mining activities, Ngororero district has emerged as the best of thirty districts in fight illegal mining establishing a task force to fight illegal mining activities, with results. The award was a special category at the first ‘Mining Excellence awards’ held in Rwanda as the country joined the […]

MTN Rwanda Injects Rwf50 billion in Network Expansion

MTN Rwanda Injects Rwf50 billion in Network Expansion

MTN Rwanda has today signed Rwf50 billion 7-year tenure loan with a syndicate of local banks to fund its capital expenditure program for this year until 2020. The deal is aimed at the expansion and modernisation of the Network and related IT systems. At the signing of the agreement, MTN Chief Executive Officer, Bart Hofker […]

Africa’s Largest BPO gets $51 million

Africa’s Largest BPO gets $51 million

Gulf Capital and AfricInvest have for the first time partnered to provide a structured loan and equity investment of $51 million in Xperiences Ison, the largest customer service provider and outsourcing south of the Sahara. Gulf Credit Opportunities Fund II, the second private debt fund of Gulf Capital, and AfricInvest Fund III, the third generation […]

Rwanda Tourism Gets Boost with Black Rhinos

Rwanda Tourism Gets Boost with Black Rhinos

Endangered black rhinos will be returning to their natural habitat, in Rwanda’s Akagera national park in eastern region of the country, where an entire rhino population had been wiped out. Three female and two male rhinos from the Safari Park Dvur Kralove zoo in the Czech Republic, Flamingo Land in Britain and Ree Park Safari […]

Heineken Beer Now Produced in Rwanda

Heineken Beer Now Produced in Rwanda

  Rwanda will effective from 20th December 2018 start local production of Heineken beer in returnable bottles with reduced price The production will be done at the Bralirwa brewery located in Gisenyi town, Western Rwanda This makes Rwanda the 9th African country producing, packing and selling Heineken locally alongside other markets including Nigeria, Namibia, South […]

Africa’s Richest Man Goes for Kenya Cement

Africa’s Richest Man Goes for Kenya Cement

Aliko Dangote, Africa’s richest man and owner of Dangote cement in Nigeria, has revealed to be among bidders for Kenya’s struggling Athi River Mining Cement (ARM); a cement maker company currently under the administration of accounting firm Price water house Coopers (PwC). The Nigerian business man, without naming the acquisition target; which in his opinion […]

Bill Gates, UK, Cananda Inject $350m in Family Planning Funding

Bill Gates, UK, Cananda  Inject $350m in Family Planning Funding

  The Bill Gates family, United Kingdom’s Department for International Development (DfID), Canada have taken a lead in pooling Family Planning funding in the wake of dire need for funding programmes in developing countries Bill & Melinda Gates Foundation launched a commitment of $18 million family planning fund, to be managed by UNFPA Supplies, for […]

Africa’s Longest Suspension Bridge Opens

Africa’s Longest Suspension Bridge Opens

  The Maputo–Katembe Bridge in Mozambique, Africa’s longest suspension bridge that cost a whooping US $750m has officially been opened to the public. Financed by China and built by China Road and Bridge Corporation, the project began in June 2014. The entire structure is nearly 3km long, comprising a kilometre-long ramp on either side of […]

China Building World’s Biggest Music Streaming Services in Africa

China Building World’s Biggest Music Streaming Services in Africa

The leading smartphone seller in Africa isn’t Apple or Samsung: it’s Transsion Holdings, the Chinese-owned maker of phone brands including Itel, Infinix and Tecno. As its devices have become ubiquitous with African users, the Shenzen-based company has also been building out Boomplay, a music streaming joint venture between Transsion and NetEase, a Chinese internet company. […]

Rwanda, SA to Get 1st Africa-Made Phone

Rwanda, SA to Get 1st Africa-Made Phone

African high-tech player Mara on Friday announced the production of their newest product the Maraphone – the first made-in-Africa, full-scale smartphone, soon to be manufactured in plants across Africa. “China has Huawei, Xiaomi; the U.S has iPhone and finally Africa has Maraphone,” Ashish​ Thakkar, founder of Mara Group told a press conference on the final day of […]

Conjoined Bhutanese twins separated

Nima and Dawa, who arrived in Australia a month ago, shared a liver [Courtesy] Australian surgeons on Friday successfully separated 15-month-old Bhutanese twins, Nima and Dawa, who had been joined at the torso. The team of more than 20 doctors and nurses spent six hours operating on the pair, who shared a liver but no […]

NSE listed KenolKobil Plc to Acquire 10 Service Outlets in Rwanda

KenolKobil Plc has announced plans to acquire up to 10 retail outlets in Rwanda. The Pan African oil marketer, in a statement, says it has agreed terms to secure the service stations from Delta Petroleum by way of asset sale. Delta Petroleum Uganda Limited has agreed to cede 10 outlets. The purchase will be through its […]

African Nations Get IFC Wind Energy Funding

The International Finance Corporation (IFC) has partnered with Gaia Energy to develop wind energy projects in Africa. IFC head of InfraVentures for Sub-Saharan Africa, David Donaldson confirmed the reports and said  wind energy and renewable energy in general are priority areas identified in the World Bank Group’s strategy. IFC and Gaia Energy teamed up to […]

MTN Rwanda Launches 2018 Mobile Money Month

MTN Rwanda yesterday launched the 3rd edition of its annual Mobile Money (MoMo) Month to support and further Rwanda’s national agenda of accelerating the country into a cashless economy. The one-month campaign launched this November 8, 2018 at Nyamata Market in the Eastern Province is based on the theme “Let’s Go Cashless”. The event was […]

Ghana Launches 1st Building Code Regulation

Ghana Launches 1st Building Code Regulation

  Ghana has launched its first Building Code aimed at regulating activities of the country’s building and construction industry. Speaking during the launch, Dr. Mahamudu Bawumia, Ghana’s Vice President expressed delight over the production of the standard document after decades of effort in formulation. “Ghana has been operating without a comprehensive building code since independence. […]

Kenya’s Raila Odinga Starts AU Job Reviving Big Africa Infrastructure

Kenya’s Raila Odinga Starts AU Job Reviving Big Africa Infrastructure

Recently appointed as the African Union special envoy for infrastructure development in the continent Raila Odinga has announced plans to construct a 6,000km road linking Mombasa in Kenya to Lagos in Nigeria in bid to link Africa through modern highways and railways. The opposition leader, indicated that linking Kenya to Nigeria via road will be […]

Summary of World Bank 2019 Doing Business Report on Rwanda

Summary of World Bank 2019 Doing Business Report on Rwanda

Rwanda is the 29th easiest place to do business in the world according to the 2019 World Bank Doing Business index of the world’s most business-friendly economies. Highlights of the report include: Rwanda is the only Low-Income Country (LIC) in the Top 30, and the only one in the Top 100. Nearly 75% of the Top 30 […]