Rwanda: CMA Tips Kigali Women On Capital markets Opportunities

Rwanda: CMA Tips Kigali Women On Capital markets Opportunities

Rwanda Capital Market Authority (CMA) has encouraged women representatives to secure a bright future by availing themselves of the available investment opportunities in the local capital market. CMA officials made the call while addressing the 2019 National Women’s Council (NWC) General Assembly in Kicukiro District which attracted women from across the district in the City […]

Mauritius to host 10th Africa Peering and Interconnection Forum

Mauritius to host 10th Africa Peering and Interconnection Forum

Annual event serves as a platform to expand and develop the Internet in Africa Mauritius will host the 10th anniversary edition of the Africa Peering and Interconnection Forum (AfPIF) at the Intercontinental Hotel, Balaclava, from 20-22 August 2019, which is being organised by the Internet Society and African IXP Association (AFIX) in collaboration with Rogers […]

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 […]

Germany Africa Business Forum announces multi-million Euro funding

Germany Africa Business Forum announces multi-million Euro funding

The Germany Africa Business Forum (GABF) in collaboration with private partners from the energy industry, has announced launch of a multi-million Euro funding commitment to invest in German energy startups that focus on Africa. The funding commitment, which pledges funds to German startups with exposure to African energy projects, will be the first such intra-regional […]

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 […]

MTN Rwanda Announces Appointment Of New CFO

MTN Rwanda Announces Appointment Of New CFO

MTN Rwanda has appointed Mark Nkurunziza as its new Chief Financial Officer, effective June 1st, 2019. He replaces Mrs. Lily Zondo, who served as CFO from 2016. Mark joins MTN with over 20 years of extensive leadership experience in the financial services sector specifically in Financial Management and Risk Management. Prior to joining MTN Rwanda, […]

Rwanda Business: Journalists Empowered to Report on the Capital Markets

Rwanda Business: Journalists Empowered to Report on the Capital Markets

On 21st June 2019, the Capital Market Authority (CMA) in partnership with the Media High council (MHC) trained 20 business journalists from various broadcast, print and electronic media houses on how to report about capital market business in Rwanda. This year’s training focused on educating and exposing business reporters on the business of capital market […]

Japan Gives WFP Receives $1 million for Burundian Refugees

Japan Gives WFP Receives $1 million for Burundian Refugees

The United Nations World Food Programme (WFP) yesterday received $1 million from Japan government as contribution to provide food and nutrition assistance to Burundian refugees in Mahama camp, located in Eastern Rwanda. WFP and United Nations High Commissioner for Refugees (UNHCR) in Rwanda were joined by Japanese Ambassador Takayuki Miyashita to celebrate a food donation […]

Kigali-Tel Aviv flights Could start June 2019

Kigali-Tel Aviv flights Could start June 2019

Rwanda’s national carrier, RwandAir, could start launching direct flights from Kigali, Rwanda to Tel Aviv, Israel soon. The first flight could be available on June 25, 2019, according to reliable sources. The flight will fly between Kigali and Tel Aviv three times a week operating on Tuesdays, Thursdays, and Saturdays by a Boeing 737-800NG. The […]

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 […]

Kaspersky Lab to Open Office in Kigali

Kaspersky Lab to Open Office in Kigali

Kaspersky Lab has announced plans to open a new office in Kigali, Rwanda, to support the rapid growth of its business in East Africa. This strategic move will provide more room for development as well as closer proximity to new partners in the region, allowing Kaspersky Lab to continue its expansion into the promising African […]

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 Cuts Central Bank Rate by 50

Rwanda Cuts Central Bank Rate by 50

The National Bank of Rwanda has cut the Central Bank Rate(CBR) by 50 basis points (From  5.5 percent to 5.0 percent) to sustain growing domestic demand in 2019. Governor John Rwangombwa said the MPC will continue to monitor developments in domestic &global economic conditions and stands ready to take appropriate measures. more details  http://bit.ly/2Hdp7LB #MPC2019

Rwanda Seeks Revival of Gishwati-Mukura National Park

Rwanda Seeks Revival of Gishwati-Mukura National Park

The Rwanda Development Board (RDB) has signed a 25 years concession agreement with Imizi Ecotourism Development Ltd for the development of a multi-phased conservation and tourism management program in Gishwati-Mukura National Park. The concession agreement will see Imizi develop and operate an exclusive chimpanzee and primate trekking experience under the Wilderness Safaris brand. While RDB […]

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, […]

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