News & Events

Rwf39 billion Fund set up to support agri-businesses

Rwf39 billion Fund set up to support agri-businesses

Access to capital related challenges faced by local agriculture could ease, albeit marginally, following the launch of a Rwf39 billion Fund by U.S. Agency for International Development’s (USAID). The Fund will be launched on Tuesday this week. The funds will be availed under a five year project aimed at increasing loans and investments to small and medium businesses in the agricultural sector and is estimated […]

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Economy expands by 6.7% in second quarter

Rwanda’s economy grew by 6.7 per cent in the second quarter of 2018, the Ministry of Finance and Economic Planning said yesterday. The performance represents rebound from the 4 per cent growth rate registered in the same period last year In the second quarter of 2018, Gross Domestic Product (GDP) at current market prices was estimated at Rwf2,000 billion, up from Rwf1, 869 billion in […]

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Rwandan nominated for Rwf 160m Innovation Prize

Rwandan nominated for Rwf 160m Innovation Prize

A Rwandan entrepreneur, Henri Nyakarundi, who developed a renewable energy App that helps connect rural communities to solar-power device charging and internet has featured on a list of top 10 nominees for the African Innovation Foundation (AIF)’s 2018 Innovation Prize for Africa (IPA). The AIF prestigious Prize is worth $185 000 (about Rwf160 million), which is shared among contestants with the winner getting US$ 100,000, while […]

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