• Rwanda to Launch Volkswagen's Electric Car

    Rwanda's position in Africa as a preferable destination for technological advancement is taking deeper roots as the country is set to be the first in Africa to introduce Volkswagen's electric car, the e-Golf. Volkswagen is one of the world's ten leading manufacturers of electric vehicles. 

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  • Rwf18bn investments to support maize, potato, tea farmers

    At least 60,000 rural households in farming are set to see an improvement in their livelihoods thanks to a four-year investment of €18 million (Rwf18 billion) beginning this year.

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  • French giant Vivendi mulls foray into Rwanda

    French conglomerate Vivendi (VIVEF) which operates businesses throughout the media value chain is exploring investment potentials in Rwanda to diversify its tourism sector by opening up new cultural entertainment avenues, an official source revealed Thursday in Kigali

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  • Africa's first smartphone launched in Rwanda

    The Mara Group, a pan-African multi-sector business services company inaugurated Mara Phones manufacturing plant in Rwandan capital Kigali on Monday.

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  • Standard & Poor’s (S&P) raises Rwanda’s credit rating

    Standard & Poor’s (S&P), an international financial services company, has upgraded Rwanda’s rating from a flat “B” to “B+” thereby boosting investor confidence in the country.

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  • Rwanda to invest in major Asian infrastructure bank

    The Asian Infrastructure Investment Bank (AIIB) is set to reach 100 member countries this Saturday once its Board of Governors approve the application of  Rwanda and two other African countries.

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  • MTN Rwanda, Airtel join forces to drive up internet uptake in Rwanda

    The two telecom operators will leverage the initiative to promote digital inclusion in the country, and it is the first commitment on digital inclusion in Africa under the GSMA’s ‘We Care’ programme.

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  • Dutch firm to invest $70m in solar factory in Rwanda

    At least 900,000 households, or 4.2 million people, will be connected to electricity in the next five years if the proposed solar factory begins operations.

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  • Rwanda’s BK Group becomes billion-dollar company

    BK Group Plc, the holding company of Bank of Kigali (BK), Rwanda’s largest bank by assets, is steadily growing into the country’s new investment powerhouse, after reporting a 23.4 per cent year-on-year growth in its net income, earning Rwf7.5 billion ($8.3 million) in the first quarter of 2019 across its four subsidiaries.

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  • Carnival Corporation & PLC set to invest in Rwanda’s tourism industry

    The Carnival Corporation & PLC, currently the world’s largest travel leisure company, on Wednesday, 5 June 2019, committed to invest “shortly” in Rwanda’s tourism, according to the CEO of the company, Arnold Donald.

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