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Rwanda secures US$ 20 million from BADEA to increase electricity supply

The government of Rwanda has signed a concessional loan agreement with The Arab Bank for Economic Development in Africa (BADEA) to finance rural electrification project in Nyamagabe and Nyaruguru Districts in the East African nation. The US$ 20 million loan will be dedicated for the supply and construction of distribution networks and meters and service […]

Genocide: France drops charges against Rwandan officials

French investigative magistrates have dropped charges against nine Rwandan officials investigated over the death of the country’s president in 1998. French judges have dropped the long-running investigation into the shooting down of a plane carrying the former Rwandan President Juvenal Habyarimana. A judge accused Tutsi rebels, led by the current president, Paul Kagame, of the […]

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EIB invests €495 million in transport, energy, internet across Africa

The European Investment Bank has formally agreed a total of €495 million of new financing for three projects to support sustainable transport, clean energy and internet access projects in North, West and East Africa. The three projects, signed at the summit attended by heads of state and government from across Africa and Europe, earlier this […]

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3 Moroccan OFPPT Students Win Gold Medals in WorldSkills Competition in Rwanda

Morocco has achieved new continental acclaim for mechatronics and cooking through OFPPT students.   Actually, three students of the Moroccan Office of Professional Training and Promotion of Work (OFPPT) have won gold medals at the WorldSkills Kigali Africa 2018 competition held on November 20-23, in Rwanda.   The event brought competitors from  Ghana, Kenya, Liberia, […]

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Rwanda’s economy to grow by 7.2% in 2018 – IMF

Rwanda’s economy is expected to grow by 7.2 percent this year the International Monetary Fund (IMF) said. According to the Washington-based lender, growth averaged 8.6 percent in the first half of 2018 and, despite a temporary deceleration in the second quarter, it remains in line with projections for 7.2 percent for the year. The projected […]

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MTN Rwanda inks deal for $56.20 million loan

MTN Group Ltd.’s Rwanda unit has signed a$56.20 million (50 billion francs) loan with eight local banks. MTN Rwanda, which had close to 4.5 million subscribers in September, said the loan is earmarked for a capital expenditure program for the next two years targeting expansion and modernization of the network and related IT systems. Diatile […]

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U.S. appoints Peter Pham as Special Envoy to Great Lakes region

Secretary of State Mike Pompeo has announced the appointment of Peter Pham as the U.S. special envoy for Africa’s Great Lakes Region. According to a State Department’s statement, Peter Pham, director of the Africa Center at the Atlantic Council think tank, will coordinate U.S. policy in the region, with an emphasis on strengthening democratic institutions. […]

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King Mohammed VI fully supports African Union’s reform

King Mohammed VI has voiced his full backing to the vision of President Paul Kagame of Rwanda, acting chairman of the African Union, for the reform of the Pan-African organization. The Moroccan Sovereign expressed his support in a telephone conversation he had on Monday with Mr. Kagame on the eve of the Extraordinary summit of […]

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G20 Compact: Germany pledges €243 billion for Africa

German Chancellor Angela Merkel this week met 11 African heads of state, international organizations and corporate leaders to promote a program launched last year to encourage private investment in Africa. The G20 Compact with Africa was open to all African countries but so far only 11 have joined: Benin, Côte d’Ivoire, Egypt, Ethiopia, Ghana, Guinea, […]

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Mini cabinet reshuffle in Rwanda

Rwanda’s President Paul Kagame on Thursday appointed a new foreign affairs minister to replace Louise Mushikiwabo. The mini cabinet reshuffle follows the election of Mushikiwabo as secretary-general of the International Organization of La Francophonie (OIF) last week. Richard Sezibera, a former secretary general of the East African Community regional bloc, has been appointed as new […]

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