Rwanda Development Board releases 2017 annual report

RDB (Rwanda Development Board) has released its 2017 Annual Report. The report highlights that last year Rwanda recorded positive growth in investments registered in the country, export values and volumes as well as tourism earnings. Among the key 2017 highlights are the following: Rwanda registered investment commitments worth $USD 1.67 billion. This is an increase of $USD 515 million when...

Rwanda and Italy sign Bilateral Air Services Agreement

Kigali, 20 August 2018: The Government of Rwanda have signed a Bilateral Air Services Agreement with the Italian Republic with the aim of enhancing commercial flight operations between the two countries. Rwanda's Minister of Infrastructure Amb. Claver Gatete and Ambassador of Italian Republic to Rwanda Domenico Fornara signed on behalf of the respective countries. Minister of Infrastructure, Ambassador Claver Gatete...

Kenya: Officials accused of corruption in flagship rail project

Kenyan authorities have arrested several senior officials on suspicion of corruption over their management of a flagship $3.2bn railway project. The National Prosecution Authority said in a statement on Saturday that it had agreed to charge 14 civil servants and business people, as well as three companies, over compensation for land purchased for the construction of the Chinese-funded line linking...

VIDEO: Zindiro-Birembo-Gasanze road Construction Progress

After three months since the start of the construction of the paved road that will connect Zindiro to Gasanze via Birembo, the construction works are at the advanced level as you see in this video. https://www.youtube.com/watch?v=FGO5eh12N2s&feature=youtu.be In May 2018, TOPAFRICANEWS Reporter visited the site and citizens at the time were very fond of the paved road that connects them to other...

Rwanda Investigation Bureau (RIB) is looking for highly qualified personnel

Rwanda Investigation Bureau (RIB) is looking for highly qualified personnel in the job vacancies below. Kindly pick a position that attracts you, indicate the job you are applying for then send your application and CV via E-mail info@rib.gov.rw before August 9th, 2018. CLICK HERE

Trump suspends duty-free status for Rwanda’s clothing exports

US President Donald Trump has suspended Rwanda's ability to ship apparel products duty-free to the United States due to a trade dispute. The dispute concerns Rwanda's increased tariffs on American used clothing and footwear, the US Trade Representative's office said on Monday. The ban, ordered by Trump in a proclamation that followed a 60-day notification period, will maintain Rwanda's other duty-free benefits under...

Kenya Elections Chaos: Rwandan Drivers to get compensated, court ordered

The High Court has ordered the Kenyan government to pay 16 Ugandan and Rwanda companies Sh6.3 billion as compensation for the goods they lost during the 2007-2008 post-election chaos. Justice Msagha Mbogholi made the landmark ruling on Friday, which is the single largest award ever made in the post-election chaos cases. The multi-billion award will also benefit drivers who were ferrying...

Nigeria: Buhari Commends AfreximBank’s Leadership

Abuja — President Muhammadu Buhari has commended the African Export-Import Bank (Afreximbank) for its dynamism and tenacious leadership, which he said has proved that Africans could come together to build something meaningful. President Buhari disclosed this at the annual meetings and 25thAnniversary celebration of the bank which came to an end at the weekend in Abuja. Delivering a keynote address at...

At least 40 Women in Gahanga to get Jobs in Plastic Recycling

At least 40 Women grouped in Duterimbere Cooperative, based in Gahanga Sector of Kicukiro District, are soon to get employed in plastic recycling business as well as trained on various income generating activities. This was announced by AGROPLAST LTD following the relocation of its activities from former Gikondo Industrial Zone to the newly industrialized zone which is located in Nunga...

Kenya: President Kagame Jets in for Northern Corridor Integration Projects Summit

President Paul Kagame of Rwanda is in Kenya where along with Ugandan President Yoweri Museveni as well as a Special Envoy of President Salva Kiir of South Sudan will today be hosted by their Kenyan counterpart, Uhuru Kenyatta in the 14th Summit of the Northern Corridor Integration Projects (NCIP) aimed at speeding up development of infrastructure in the East...

Access to information in MFIs, headache to Journalists

A Study conducted by TOPAFRICANEWS has shown that most of the news articles published in media about services, performances of the banking Sector especially Microfinance institutions (MFIs) are coverage of meetings or Press releases announcing an annual profits or New Services as part of marketing strategies. However media are criticized for not reporting investigative stories about financial sector despite public...

Microfinance Association, MHC train Media on Clients Protection Principles

Association of Microfinance Institutions in Rwanda (AMIR) and Media High Council (MHC) have, on this Thursday, 14th June 2018, trained Journalists from various Media Houses in Rwanda on “Consumer Protection and Education in the Microfinance Sector.” The training is part of the AMIR’s Program campaign on Responsible Finance through Local Leadership and Learning Program which has the overall objective of...

Ethiopia to Privatize Part of Ethiopian Airlines

Ethiopia will sell off parts of its major state-owned industries including Ethiopian Airlines and the country’s lone telecom company, the ruling party announced on Tuesday. While the government will continue to hold the largest stake in these companies, “the rest of the shares will be offered to domestic and foreign investors,” the Ethiopian People’s Revolutionary Democratic Front (EPRDF) said in...

“Made in Rwanda” Price Hike affect Customer Perceptions on the Products

Eccentric increase in prices of "Made in Rwanda" Products will continue to have a negative impact on customer perceptions of products manufactured by Rwandan factories and workshops, this website has established. The Made in Rwanda Policy is a holistic roadmap aimed at increasing economic competitiveness by enhancing Rwanda’s domestic market through value chain development. The Private Sector is a stakeholder in...

Angolan President leaves France with more than $ 1.16 billion investment agreements

Angola will benefit from an investment portfolio of more than $ 1.16 billion, Angop news agency reported on Wednesday. According to information published by the media, this amount obtained from several economic partners, after the visit of the Angolan president in France, will be invested in several sectors such as agriculture, trade, oil, and Training. Thus, $ 116.6 million should be...

Africa needs more Russian foreign direct investments to enhance Trade ties

The African Union (AU) Commissioner Albert M. Muchanga has stressed the need to move away from the traditional approach that has characterized Africa’s relationship with the rest of World, whereby African was perceived as a supplier of raw material and importer of manufactured products. Albert M. Muchanga who was representing Mr. Moussa Faki Mahamat, Chairperson of the AUC at Russia-Africa...

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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...