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 […]

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 […]

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 […]

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, […]

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 […]

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 […]

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 […]

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: Bank of Kigali 2018 pretax profit up 25%

Bank of Kigali’s pretax profit rose 25 percent last year to 42.6 billion francs ($47.2 million), helped by higher interest income. Bank of Kigali said, in a statement, its net interest income climbed 14 percent to 75.8 billion francs in the year through December. “All our subsidiaries reported strong performance leading to a net income […]

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 […]

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 Registers over US$ 2 billion Worth of Investments in 2018

Rwanda Registers over US$ 2 billion Worth of Investments in 2018

The Rwanda Development Board (RDB) in 2018 registered 173 investment projects in Rwanda worth US$ 2.006 billion against a US$ 2 billion target, set for the year. This is an increase of US$ 331 million or approximately 20%, when compared to the investments registered by RDB in 2017. During 2017, US$ 1.675 billion worth of […]