Building of Isaka-Kigali railway to start in December

Tanzania and Rwanda have announced that the construction of the 571km-long standard gauge railway line linking Isaka township in Tanzania with the Rwandan capital, Kigali will begin this December once a contractor has been identified. The announcement was made through a joint statement by the Tanzania Minister for Works, Transport and Communication, Isaack Kamwelwe, and his Rwandan counterpart Claver Getete...

Amb. Mujawamariya Urges Moscow To Encourage Russian Private Investment Into Africa

Africa calls on the Russian government to encourage the country's private investment into the continent, Jeanne d'Arc Mujawamariya, the ambassador of Rwanda to Russia, said on Monday. "We urge the government of the Russian Federation, our host, to take another step further and encourage the Russian private sector to go to Africa as the continent of investment, as the continent...

Moroccan second-largest lender by assets Eyes Rwanda Market

Morocco’s second-largest lender by assets Banque Centrale Populaire (BCP) says it is mulling over expanding operations into Kenya as it seeks to tap new East African deals and serve large multinationals in the country. The $35 billion (Sh3.5 trillion) bank with several branches in Europe and 14 African markets told Bloomberg it plans to acquire banks in at least four...

Reba Imyanya 100 y’Akazi muri REB

100 Job positions at RWANDA EDUCATION BOARD: Data entry clerk/under contract( Deadline :25 October 2018) Job Description Recording of examination marks, To capture data for registered primary pupils 2018, S3 and S6 registered students 2018, to make verification of data captured Job Profile – Should have a bachelors degree in computer science – Should have bachelors degree in any field but with experience of...

Rwanda electricity projects receive AfDB boost

The Government of Rwanda has signed a €229.20 million funding agreement with the African Development Bank to support the country’s  program to improve electricity supply and expand access to electricity under the Scaling Up Electricity Access Program Phase II (SEAP II). This operation builds on the successful implementation of the Scaling Up Electricity Access Program (SEAP) approved by the...

Russia: Rwandan Ambassador discuss direct shipments of coffee and tea from Rwanda to Voronezh

Governor of the Voronezh Region Alexander Gusev met Ambassador of the Republic of Rwanda in Russia Dr. Jeanne d’Arc Mujawamariya on Monday, October 15. At the meeting, they discussed the possibility of direct shipments of coffee and tea from Rwanda to Voronezh. Also, the meeting included a discussion of shipments of sunflower oil, sugar and grain from the Voronezh Region...

EgyptAir announces two direct flights to Rwanda and Cameroon

Egyptian airline EgyptAir announced Thursday the opening in February of two new flights to Rwanda and Cameroon, while Egypt seeks to strengthen its ties with the African continent. The CEO of the company, Sherif Ezzat, has confirmed to AFP that the two new direct lines to Kigali and Douala, the economic capital of Cameroon, will be served three times...

Alibaba founder Jack Ma set to visit Rwanda

Chinese business magnate and investor Jack Ma is scheduled to visit Rwanda on 31 October, to meet with local investors to explore opportunities available in various sectors, an authoritative source revealed Tuesday in Kigali. Among the key sectors of investment Ma is set to focus is tourism, electronic payment and education between Rwanda and China, a statement issued by the...

AU Statement on the 2nd Africa-Turkey Economic and Business Forum

This year, the Africa- Turkey Second Economic and Business Forum will be jointly organized by the African Union Commission (AUC), the Turkish Ministry of Commerce and DEiK under the motto of “Building a Sustainable Future Together through investments and joint ventures” on 10-11 October 2018 in Istanbul, Turkey. The Forum will be addressing the following four sub-themes: Infrastructure, Construction,...

President Kagame in Turkey Next Week

The second edition of Turkey-Africa Economy and Business Forum will take place in Istanbul next week. Scheduled to take place on 10-11 October 2018 at Istanbul Lutfi Kirdar ICEC, the forum is mainly aimed at promoting Turkish and Africa investments through analyzing trade and economic relations between Africa and Turkey; evaluating Turkey’s approach to investment in Africa; facilitating interaction between...

Kigali Interested in Starting Direct Flights to Tel Aviv

Israel’s Prime Minister Benjamin Netanyahu has revealed that Kigali officials have shown interest in starting direct flights to Tel Aviv, TOPAFRICANEWS has learnt During their meeting Thursday, Prime Minister Benjamin Netanyahu and Rwandan President Paul Kagame agreed to open embassies in each other’s countries, Netanyahu said Friday. In time, he said, he hoped the embassy would move to Jerusalem. The prime minister...

World Bank reopens direct engagement with Somalia after three decades

Somalia has received succour from the international money lender, World Bank for the first time in over three decades. This historic support from World Bank is the second significant intervention by the global lenders in the horn of Africa within one month and this, in particular, will be injected into the economic recovery plan of the country’s central government. The...

Rwanda: Belgium will now pay taxes

Belgian Development Cooperation Minister Alexander De Croo will sign two new cooperation agreements with Guinea and Rwanda on Tuesday. In particular, they provide that Belgium will now pay import taxes and the local purchase of goods and services in its 14 partner countries. If "the strengthening of human rights and sustainable and inclusive economic growth are now at the heart...

Rwanda’s GDP grows by 6.7 percent in the second quarter of 2018

Kigali, 18 September 2018 - Rwanda’s GDP at current market prices was estimated at Frw 2,000 billion in the second quarter of 2018, up from Frw 1,869 billion in Q2 2017, data released on Wednesday by the National Institute of Statistics of Rwanda (NISR) show. Rwanda's GDP in the second quarter of 2018 was 6.7 percent higher compared to the...

What could women do with $ 3 billion?

Keynote Speech Delivered by Dr. Akinwumi Adesina, President, African Development Bank, at the Inauguration of Canada’s Financial Development Institution (FINDEV Canada), Montreal, Canada, September 17, 2018 Your Excellencies, distinguished ladies and gentlemen. Good afternoon! It is such a great pleasure to be here for this landmark occasion. Let me first congratulate Prime Minister Justin Trudeau; Minister of International Development, Marie Claude...

Rwanda hosts African Aviation week

Under the patronage of the Government of the Republic of Rwanda and in partnership with RwandAir, a dedicated African Aviation Week championing best practices, market liberalisation and world-class safety standards across the continent will take place in Kigali from 10-14 September 2018. The initiative is being promoted by Ground Handling International, the AviAssist Foundation and the AviaDev Africa Forum. The event...

Rwanda Media Commission’s concern about online media Disorder

The Rwanda Media Commission (RMC) is concerned about the disorder of online media, TOPAFRICANEWS has learnt. As the number of websites in Rwanda is increasing, it is becoming hard to discern which one is a blog, Organizations Websites or an online media, the commission says. According to the Commission, this issue must be sorted out in order to have a strong...

Kenya: Nakumatt Exits Mombasa As Last Outlet Closes

Struggling Nakumatt Holdings, once the region's largest regional retailer, has exited Mombasa following closure of its Likoni branch, which was its last remaining store in the tourist hub city. Nakumatt was forced out of the Likoni space in early August following a court order issued in June that gave the retailer 60 days to vacate the premises. The supermarket chain was...

VW announces plan to start assembling vehicles in Ghana

Volkswagen and Ghana have signed a memorandum of understanding with a view to establishing a vehicle assembly facility in the African country. Thomas Schaefer, managing director of Volkswagen South Africa and head of the Sub-Saharan region for the German brand, signed the memorandum with Alan Kyerenmaten, Ghana’s minister of trade and industry, in the presence of Angela Merkel, chancellor of...

India Cabinet approves Trade Cooperation Framework between India and Rwanda

India Cabinet approves Trade Cooperation Framework between India and Rwanda - News and Press Release - Dated:- 29-8-2018 - The Union Cabinet chaired by Prime Minister Shri Narendra Modi has given its ex-post facto approval for the trade cooperation framework between India and Rwanda. The trade cooperation framework was signed on 23rd July, 2018. The trade cooperation framework will facilitate better trade and...

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Somalia recalls its Geneva envoy over abstaining from vote

MOGADISHU (Halbeeg News)-Somali ambassador to Switzerland, Faduma Abdullahi Mohamed was Saturday summoned by the country’s Foreign ministry over abstaining from UN Human...