Gold, nickel, copper and zinc are seen as major sources of value for investors in Africa and the world in the medium to long term. This should be good news to Zimbabwe’s resource-based economy whose future growth is underpinned by mining, agriculture, tourism and policy stability.
The OPEC Fund for International Development (OFID) has approved a $1 million grant for Energy 4 Impact to develop the small scale solar irrigation market in Rwanda.
As the festive season has come and gone, a number of consumers are conducting a postmortem into whether they spent their funds wisely.
With 2018 now upon us, we look at five higher order things consumers are expecting from brands in 2018 and beyond.
This article is part of the World Economic Forum Annual Meeting
Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, and the International Renewable Energy Agency (IRENA), the global platform for international cooperation on renewable energy, today announced that USD25 million in concessional loans from ADFD have been earmarked for two solar PV projects, one each in Mauritius and Rwanda.
Successful gamblers will often find their betting opportunities limited
Uganda will seek to join OPEC once the East African nation starts pumping crude out from Lake Albert oil fields along the western border with the Democratic Republic of Congo at the end of the decade, Uganda’s energy and minerals minister Irene Muloni said Wednesday.
South Korea is a major foreign investor in Rwanda’s blossoming tech scene
The two countries share geographical features and have similar recent histories, which has helped foster a mutual understanding
KT Corporation, the first South Korean company in Rwanda, has plans to use its base in the country as a hub from which to expand further into Africa
Symbion and Highland Group sign $100 million equity investment agreement for Rwanda methane gas projects
Symbion Energy and Highland Group Holdings Ltd. (HGHL) have signed an agreement that will see HGHL co-invest $100 million towards the implementation of a $370 million, 106 megawatts of methane gas generated power on Rwanda’s Lake Kivu, it was announced today by Paul Hinks, CEO, Symbion.
Sixteenth century philosopher Francis Bacon said "money is a good servant but bad master". Fast forward to the 21st century and those words are still very relevant today.
S&P Global Ratings has affirmed its ’B/B’ long- and short-term foreign and local currency sovereign credit ratings on the Republic of Rwanda. The outlook is stable.
Rwanda’s economic growth has been slowing down since mid-2016, resulting in a 6 percent growth in 2016 and in 4.2 percent annualized growth in the first quarter of 2017.
President Paul Kagame called on African economies to provide a favorable environment that would boost the growth of tourism on the continent.
Agency Africa Interactive Ltd, the leading East African Hotel Marketing Agency has taken home 4 “Hotel and Lodging Standard of Excellence” Awards and 1 “Food Industry Standard of Excellence” Award in the recently concluded 2017 Web Awards, held by the Web Marketing Association (USA), for their work with several Hotel clients based in Kenya and Rwanda.
Negotiations between Rwanda and the United States to review the US African Growth and Opportunities Act (AGOA) to ensure continued duty-free access of Rwandan commodities to the US market are at an advanced stage. Rwanda Development Board chief executive officer Emmanuel Hategeka said they want to ensure the country is not locked out of the trade window.
KCB Group has appointed George Odhiambo as Acting Managing Director of KCB Bank Rwanda.
The GSMA, which represents mobile operators worldwide, has announced the results of its new report,
Britain’s Serious Fraud Office said that “it is investigating suspicions of corruption in the conduct of business by BAT… its subsidiaries and associated persons”, while a spokeswoman for the tobacco giant told AFP that the probe concerned allegations of misconduct in Africa.
Fake news, false claims, invented opinions and online rumour can seriously burn your reputation.
Alibaba founder and executive chairman Jack Ma has announced a US$10 million (Sh1.039 trillion) African Young Entrepreneurs Fund, during the Youth Connekt Africa Summit co-hosted by UNCTAD and the Government of Rwanda.
The pan-African organization is currently pushing to become independent of external financial partners and interests.
Rwanda and Congo Brazzaville have signed an agreement establishing a framework under which the two countries can cooperate in various areas of interest.
Rwanda’s gross domestic product (GDP) grew by 1.7 percent in the first quarter of 2017 compared with the same period in 2016, the statistics bureau said on Wednesday.
Vision City, Rwanda’s largest housing project, sits on a hill overlooking the rest of Kigali. Its rows of whitewashed villas and townhouses stand out against the green landscape and shacks made of scrap metal and mud, in the slum in the valley below.
In 1999, Bill Gates wrote a book titled "Business @ the Speed of Thought."
In the book, Gates makes 15 bold predictions that at the time might have sounded outrageous.
But as business student Markus Kirjonen pointed out on his blog, Gates’ forecasts turned out to be "eerily prescient."
African startups can now score capital commitments real time―so long as they convince a venture capitalist to give it to them in front of a live audience.
Rwanda yesterday launched the countdown towards the annual gorilla naming ceremony, known as Kwita Izina.
The U.S. Trade Representative said on Tuesday it was reviewing trade benefits to Rwanda, Tanzania and Uganda under the African Growth and Opportunity Act (AGOA) after a complaint over a ban on imports of used clothing into the East African market.
A new safari resort, offering a holistic wellness experience in the heart of “gorilla country” in Rwanda, is preparing to launch to the public.
Rwanda national carrier, RwandAir is set to commence non-stop flights from Kigali to Brussels, in Belgium next month.
Getting fired can be a real shock to the system.But there are usually signs that your termination is pending. You’ve just got to know where to look.Maybe your boss is out to get you. Maybe you’ve been embroiled in some recent controversy at work. Or maybe your organization is undergoing a massive transition or merger.
Tigo Rwanda has partnered with Ericsson to completely overhaul its Business Support System (BSS) ecosystem.
To celebrate the launch of the first direct flight between the UK and Rwanda, RwandAir announced a new trade competition running until 14th July 2017.
With financial inclusion now established as an objective for most financial sector policymakers worldwide, the day-to-day responsibility for ensuring its achievement in a responsible, consumer-friendly, and evidence-based manner often falls to financial sector supervisors.
The World Bank says Ethiopia’s economy will be the most expansive on the continent for the year 2017 followed by Tanzania, Ivory Coast and Senegal in that order.
Burundi will host the 8th East African Oil and Gas Conference from June 7 to 9, Minister of Energy and Mines Como Manirakiza said.
May 2017 spelled bad news for tourists intending to travel to Rwanda to see the gorillas. Rwanda doubled the cost of its gorilla permits from $750 to a $1,500 - While this is all in the name of conservation, some travellers to East Africa might find this price a little too steep.
Pan-African telecoms group Liquid Telecom has today launched a new Wi-Fi roaming hub that enables operators and ISPs to access its network of public Wi-Fi hotspots across Africa for the first time.
Rezidor Hotel Group has continued its African growth momentum with the unveiling of its first Park Inn by Radisson in Kigali, Rwanda, which is its fifth in East Africa.