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Industry News

Kigali maintains second position as meetings destination in Africa

Kigali maintained its position as the second most popular destination for Meetings, incentives, conferences and exhibitions (MICE) events in Africa, according to the International Congress and Convention Association (ICCA). According to the latest statistics by ICCA which were released on Tuesday, May 12, Kigali only came second to South Africa’s Cape Town as a city […]

Textiles & garments receive boost in Rwandan Budget

Key priority sectors like textiles, garments and leather received a major boost in 2016-17 National Budget presented by Rwandan minister for finance and economic planning Claver Gatete to a joint Parliamentary session last week. “High priority will be given to economic activities which will either increase export revenues or reduce import volumes. The identified key […]

Manufacturing Sector : Investment-opportunities

The manufacturing sector in Rwanda is still small but steadily growing at an annual rate of 7%. Rwanda targets to increase industrial contribution to GDP to 26% by 2020. several policies and strategies such as the National Industrial Policy and the National Export strategy have been developed to accelerate industrial and export growth The country […]

AUTOXPRESS OPENS ITS RWANDA HEADQUARTERS AND A FITMENT CENTRE AT NYARUTARAMA

AutoXpress carries the widest product range and the largest stocks in the region commanding a large share of the auto parts market, specializing in tyres, wheels, batteries, suspension parts, lubricants, service parts and car accessories. It sells its products and services to a wide selection of customers ranging from retail motorists to dealers, garages, corporates, […]

Rwanda Government Launches the National Agriculture Insurance Scheme in Partnership with the Private Sector

The Ministry of Agriculture and Animal Resources (MINAGRI) launched the National Agriculture Insurance Scheme (NAIS) on the 23rd of April 2019 at an event held in Nyanza District, Southern Province of Rwanda. The Scheme will mitigate against risks and losses incurred by farmers due to unpredictable natural disasters, pests and diseases that affect their livestock […]

Qatar Airways eyeing 49% stake in RwandAir

Qatar Airways Chief Executive Officer Akbar al-Baker announced that the state-owned flag carrier of Qatar is negotiating to acquire a 49% stake in Rwanda’s state airline, RwandAir. A stake in major African carrier would extend Qatar Airways’ reach in one of the world’s fastest-growing aviation markets. Acquiring a stake in RwandAir can also potentially help Qatar […]

New international construction technology enters Rwandan

Rwandans are set to benefit from low cost-housing made out of a new construction technology “Earthbag”, that is currently used in different countries in Asia, USA and Europe. Earthbag construction (building with polypropylene bags usually filled with earthen materials) is a versatile, easy-to-master, low-impact, and highly durable form of building, suitable for structures from houses […]

About Food and Drinks in Rwanda

We are in the heart of Africa, in Rwanda. What did we expect? It’s not that we didn’t prepare before arriving – we had read everything we could find on the internet with brief descriptions of the places we were headed for. But, there’s no experience like your own. If you don’t see, if you […]

Rwanda’s macroeconomic performance strong, IMF says

The International Monetary Fund (IMF) on Friday concluded the first review of Rwanda’s programme supported by the IMF’s Policy Consultation Instrument (PCI). The institution said Rwanda’s macroeconomic performance remains strong under the programme. The programme seeks to support the implementation of the National Strategy for Transformation (NST). Macroeconomic performance – the measure of how well […]