I&M Bank, MasterCard launch Rwanda’s first multicurrency Prepaid card

I&M Bank, MasterCard launch Rwanda’s first multicurrency Prepaid card

I&M Bank Rwanda has launched of Rwanda’s first Multicurrency Prepaid Platinum card in partnership with Mastercard, thanks to its design, this card will introduce a world of seamless transactions for our customers. The cards can be used to make card transactions both locally and internationally either on Point of Sale machines (POS) or for online […]

Understanding the Role of Technology in Promoting inclusive Growth in Africa

Understanding the Role of Technology in Promoting inclusive Growth in Africa

As the world continues to become more digital, building an inclusive world in which the digital economy works for everyone, everywhere, is crucial.  A recent research collaboration between the MasterCard Center for Inclusive Growth and The Fletcher School at Tufts University highlights the strengths and opportunities of six major countries in Africa for harnessing the true potential of […]

African Leaders Formalizes Commitment to Food Security

African Leaders Formalizes Commitment to Food Security

Resilience must be boosted in Africa in response to climate change, according to participants at the high-level Africa Food Security Leadership Dialogue hosted by the Government of Rwanda in Kigali (5-6 August), in partnership with the Food and Agriculture Organization of the United Nations, the African Union Commission, the African Development Bank, the International Fund […]

GSMA Tips Rwanda on Smarter Data Privacy

GSMA Tips Rwanda on Smarter Data Privacy

Africa has great potential to profit from a digital transformation that could provide much-needed jobs and improve access to quality services, including finance, healthcare, education and agriculture. Home to the youngest population in the world, Africa is progressing rapidly in digital adoption. Underpinned by rising mobile connectivity, the continent has recorded the highest growth globally […]

CMA Rwanda Sensitizes Judicial Staff on Capital Markets

CMA Rwanda Sensitizes Judicial Staff on Capital Markets

Rwanda’s Ministry of Justice staff members participated in a public education session on how to save and invest through Rwanda’s capital market. The sensitization conducted Capital Markets Authority Rwanda (CMA Rwanda), is part of the institution’s commitment to carry out a number of public education initiatives meant to bridge the financial literacy gap by targeting […]

BK Group Launches “Ikofi” Wallet to Increase Agriculture Financing

BK Group Launches “Ikofi” Wallet to Increase Agriculture Financing

Bank of Kigali (BK) officially launched a new digital product called “IKOFI”, a revolutionary universal wallet that offers financial services with focus on Rwandan farmers, agro-dealers, Agri-businesses and other players in the agricultural ecosystem. For a long time Agriculture has been considered to be a high risk sector for financial institutions mainly due the lack […]

Rwanda Reduces Construction Permits Acquisition Time

Rwanda Reduces Construction Permits Acquisition Time

In a bid to be competitive in doing business, Rwanda has announced new construction policy reforms that will reduce the days it takes for one to get a construction permit. “And the number of days to obtain construction permits will reduce from 113 to 57 while the cost will reduce from 12% to just 2.2% […]

Diamond Trust Bank becomes first East African bank to go live on SWIFT gpi

Diamond Trust Bank, a major banking group in East African Community (EAC) has become the first East African bank to go live on SWIFT’s global payments innovation (gpi) service. Gpi is a rapid cross-border payments service that includes real-time payments tracking and transparency on transaction fees and foreign exchange rates. The bank’s EAC active operations […]

SEAL sets Up The Biggest Dry Wood Park in Rwanda

SEAL sets Up The Biggest Dry Wood Park in Rwanda

Starting from the very first days of its activity in Rwanda in 2017, Sawmill East Africa Limited (SEAL) has invested about Rwf4billion to set up the biggest dry wood park in the country. The funds have not only been invested in state-of the-art equipment and the factory itself, but allocated specific funds meant for a […]

U.S Honors Three Rwandan Women of Courage

U.S Honors Three Rwandan Women of Courage

The U.S. Ambassador to Rwanda, Peter Vrooman, honored three Rwandan women today with the 2019 Rwandan Women of Courage award at an event at his home in celebration of Women’s History Month. The three women were recognized with the U.S. Embassy’s fifth annual Rwandan Women of Courage award for their exceptional service and leadership.  Since 2007, […]

Rwanda’s Capital Market University Challenge 2019 Ends with Pomp and Color

Rwanda’s Capital Market University Challenge 2019 Ends with Pomp and Color

Pomp and color characterized the awarding ceremony of the 2019 Capital Market University Challenge after a rigorous and hectic pre-selection stages in all provinces from across Rwanda and the City of Kigali. This year’s competition attracted 672 contestants in both the essay and quiz categories from 16 universities and higher learning institutions. The one-month long […]

Rwanda Bonds: Institutional Investors Snatch March Bond with Lion shares

Rwanda Bonds: Institutional Investors Snatch March Bond with Lion shares

Rwanda’s Central Bank (BNR) 15-year Treasury Bonds worth 10 billion was successfully reopened with a subscription level of 230.91% from 60 applications received in different categories, central bank has said. The books were opened Monday March 25 and closed Wednesday 27, 2019 at 4pm, with institutional investors getting a lion’s share. The book-building method was […]

Electric Bike Ride Sharing to be Launched in May

Electric Bike Ride Sharing to be Launched in May

Gura, a transportation network company based in Rwanda, is set to roll out electric bikes and scooters to tap into the country’s mobility and ride-sharing industry. Gura Ride is a brainchild of Tony B. Adesina, who serves as the company chief executive officer and Agenor Jean-Louis, who is the chief operating officer. Both are graduates […]

Jamie lee Curtis to Receive “Cinemacon Vanguard Award”

Jamie lee Curtis to Receive “Cinemacon Vanguard Award”

By Michael Sandoval Jamie Lee Curtis will receive this year’s “CinemaCon Vanguard Award.” Mitch Neuhauser, Managing Director of CinemaCon, announced the award today. Curtis will be presented with this special honor at the “CinemaCon Big Screen Achievement Awards” ceremony taking place in Las Vegas on Thursday, April 4, at The Colosseum at Caesars Palace, hosted […]

Rwanda, Germany Embark on Training Bird Guides

Rwanda, Germany Embark on Training Bird Guides

A training exercise organized for 35 local birding guides has started this weekend in an aim to improve the bird watching experience in Rwanda. Led by British expert birder Malcolm Wilson, the guides will be trained on bird watching techniques, photography, ringing, breeding biology, tourism and presentation. Each local guide received bird watching books and […]

World Bank Commits $22.5 billion at 3rd One Planet Summit

World Bank Commits $22.5 billion at 3rd One Planet Summit

What is the big deal about 2019? The IPCC’s recent 1.5C report highlighted the need for far greater climate action around the world, especially in Africa where the needs are greatest. Countries are now preparing to update their national climate action plans ahead of the UN’s 2020 climate conference. Later this year, the UNSG will […]

SAFAT Aviation Group Exhibits Its Might at Aviation Africa 2019

SAFAT Aviation Group Exhibits Its Might at Aviation Africa 2019

Sudan’s state owned SAFAT Aviation Group, SAG will soon expand its aviation services to Rwanda market with focus on working with the maintenance, repair and overhaul (MRO). “We shall be expanding our service to Rwanda, after talks with the Rwanda national police (RNP) who showed interest in purchasing our safat02 aircrafts,” said Mr. Mohamed Awad […]

Rwanda to Host 2019 Aviation Africa Summit

The 4th edition of Aviation Africa Summit which is scheduled for 27th to 28th February, 2019 at the Kigali Convention Centre. The 2019 Aviation Summit Kigali will be convened for two-days and is structured to incorporate presentations, panel discussions on trendy subjects in aviation with the view of ultimately charting ways of boosting business across […]