Fashionomics Africa launches “game changing” Digital Marketplace

Fashionomics Africa launches “game changing” Digital Marketplace

African Development Bank’s flagship initiative, Fashionomics Africa, has launched the pilot phase of a digital marketplace to help Africa’s fashion designers, textile and accessories professionals connect with global markets. The launch took place on 25 November at the Global Gender Summit, a gathering of more than 1,500 representatives from multilateral development banks, finance institutions, governments […]

Rwanda’s 1st electric motorcycle cover 250,000 kilometers

Rwanda’s 1st electric motorcycle cover 250,000 kilometers

Minister Claver Gatete joined the Africa’s electric vehicle company (Ampersand) to celebrate 250,000 kilometers traveled by its 20 e-motorcycle taxis in Rwanda, an opportunity to witness the feasibility of electric mobility in the country Since May 2019, Ampersand launched twenty e-motos operating on a commercial basis, taking passengers and goods across Kigali. Drivers rent batteries […]

Financial Stability Symposium Opens in Rabat, Morocco

Financial Stability Symposium Opens in Rabat, Morocco

A regional financial stability symposium has open in Rabat, Morocco will a fresh look at the need to have an integrated financial and payments system to ease trade on the continent. The symposium was officially opened this December 9, 2019 by John Rwangombwa, the Chairman of Association of African Central Banks, and Governor of Rwanda […]

CEO Bheki Mthembu Leaves Cimerwa PPC Rwanda in Profits

CEO Bheki Mthembu Leaves Cimerwa PPC Rwanda in Profits

Rwanda leading cement manufacturer CIMERWA PPC ended 2019 on a high note as it registers a 20% year on year increase in sales volumes but the man behind this success is set to leave the country. This comes on the back of a plant maintenance and upgrade in 2018 which saw the sole cement manufacturer […]

African Researchers get Funding to Tackle Infectious diseases

African Researchers get Funding to Tackle Infectious diseases

Five African scientists have received funding to conduct research that will contribute to global efforts to reduce the burden and threat of locally relevant infectious diseases in Africa. The five fellows will be funded through the TIBA-AAS Out of Africa Postdoctoral Fellowship programme for a year as visiting fellows of the University of Edinburgh. They […]

Burundi refugees in Rwanda Get US$1.1 million

Burundi refugees in Rwanda Get US$1.1 million

The United Nations World Food Programme (WFP) has received €1 million (US$1.1 million) from the European Commission to provide food and nutritional assistance to more than 60,000 Burundian refugees in Mahama camp in eastern Rwanda. This is in addition to €500,000 also received from the European Commission’s Civil Protection and Humanitarian Aid office (ECHO) in […]

Rwanda Turns To French Club-PSG for Tourists

Rwanda Turns To French Club-PSG for Tourists

A year after Rwanda signed a £30m tourism promotion deal with Arsenal FC, the Rwanda has now turned to another European football team, Paris Saint-Germain, to collect more numbers of tourists visiting the country. For three seasons, the partnership will convey Rwanda’s business opportunities in France and across Europeans countries whenever, the Paris Saint-Germain team […]

Volkswagen to Launch new Electric vehicles in Kigali

Volkswagen to Launch new Electric vehicles in Kigali

Volkswagen, a Leading German car manufacturer is importing a batch of electric-powered versions of its Golf hatchback car to Rwanda for a local ride-hailing service, establishing a bridgehead in the country that it hopes to expand to other nations as it seeks to increase market share globally. Importing the vehicles into Rwanda – which sells itself to […]

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 […]

Abbott Expands in Africa, Opens East Africa Headquarters in Kenya

Abbott Expands in Africa, Opens East Africa Headquarters in Kenya

Abbott, a leading global healthcare company, announced today the opening of its second office in sub-Saharan Africa at The Watermark – Nairobi Garage Business Park. The new office will function as the headquarters for the company’s operations in East Africa and is intended to support expanded growth opportunities for Abbott, both locally and in the […]

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 […]

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, […]

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