Rwanda’s imports from Kenya have plummeted by over 80 percent in the past year, signaling one of the most significant changes in the country’s regional trade patterns, Kigali, December 2025 The National Institute of Statistics of Rwanda (NISR) reported in its Formal External Trade in Goods – October 2025 report that imports from Kenya fell […]
Inaugural Africa Blockchain Festival highlights the need for homegrown solutions in technology.
For many African businesses, the idea of listing on a stock exchange has long seemed like a distant dream, reserved for multinational corporations or companies with decades of track record.
Re-Banatex, the startup founded by Jonathan Shauri Kalibatha, has been crowned the overall winner of Hanga Pitchfest 2025, walking away with the top prize of Rwf 50 million on Friday, November 14. The company, which transforms banana fibers into eco-friendly products such as bags, footwear, mats, and other sustainable items, stood out among this year’s […]
The Fund for Export Development in Africa (FEDA), the development equity impact investment arm of the African Export-Import Bank (Afreximbank), unveiled two major investments aimed at accelerating Africa’s industrialisation, deepening value addition, and advancing the continent’s transition to clean mobility. In two separate announcements on November 10 and 12, FEDA confirmed a $300 million (approximately […]
Africa’s premier entrepreneurial pitch competition, Africa’s Business Heroes (ABH), is set to return to Kigali from December 12 to 13 at the Kigali Convention Center with a $1.5 million grant prize pool, bringing hundreds of entrepreneurs, investors and ecosystem leaders to the Rwandan capital for a two-day summit and grand finale. The ABH initiative, founded […]
The East African Community (EAC) has recorded a remarkable increase in international merchandise trade during the second quarter of 2025, reaching $38.2 billion, a 28.4 percent rise from $29.7 billion in the same quarter of 2024. According to the latest EAC Quarterly Statistics Bulletin, the performance was largely driven by a surge in exports, which […]
MTN Rwanda has crossed the 8-million-subscriber mark, reflecting the growing adoption of mobile technology and digital services across the country. According to the company’s financial results for the nine months that ended September 30, this year, mobile subscribers increased by 6.9 percent to reach 8.1 million, while active data users grew by 7.5 percent to […]
Rwanda's transition to electric mobility is accelerating, fueled by supportive policies and innovative partnerships. Rwanda’s shift from fuel-based transport to electric mobility is gaining speed, backed by government policies, growing investor confidence, and an ecosystem of innovators. From only 19 electric vehicles (EVs) in 2020, the number has surged to 512 fully electric cars and […]
CEO Attributes Job Cuts to Advancements in Artificial Intelligence Amazon has officially announced the layoff of 14,000 employees, a decision that has raised questions about the role of artificial intelligence (AI) in the workforce. The announcement comes as the company’s CEO indicated that advancements in AI technology are likely to lead to further job losses […]