Africa’s leading brands continue to strengthen their global presence, with the combined value of the continent’s top 200 brands rising 11 percent to $62.6 billion, according to the Brand Finance Africa 200 2026 report.The annual ranking shows MTN retained its position as Africa’s most valuable brand for the 13th consecutive year, maintaining a brand value […]
Rwanda and Kenya have signed a landmark memorandum of understanding (MoU) that will enable Rwanda to import refined petroleum products through Kenya’s Northern Corridor transit route, a move aimed at strengthening energy security, lowering fuel import costs, and deepening regional economic integration. The agreement, signed in Nairobi on June 29, establishes a government-to-government framework that […]
The U.S. dollar edged lower on Tuesday but remained close to a 13-month high, while the Japanese yen weakened to its lowest level against the dollar since 1986 as investors awaited fresh economic data from the United States. Currency markets are closely watching the release of the U.S. nonfarm payrolls report later this week, which […]
Nigeria has officially launched the Nigeria–East and Southern Africa Air Cargo Corridor in partnership with RwandAir, opening a new chapter in Africa’s drive toward deeper economic integration and expanded intra-continental trade.T he initiative, flagged off by Nigeria’s Federal Ministry of Industry, Trade and Investment, establishes a dedicated air cargo network connecting Nigerian businesses directly to […]
The Dangote Petroleum Refinery is seeking to raise $1 billion through a private placement as it prepares for a planned stock market listing, a move aimed at supporting expansion plans and strengthening its financial position. The fundraising exercise values the refinery at approximately $39.1 billion, underscoring its status as Africa’s largest oil refining facility and […]
The Rwanda Stock Exchange has officially listed the third issuance of the Development Bank of Rwanda (BRD) Sustainability-Linked Bond (SLB), in a move that underscores the country’s growing momentum in sustainable finance and capital market development. The bond recorded a strong performance in the primary market, achieving a 126.2% subscription rate and raising over Frw […]
The Rwanda Utilities Regulatory Authority (RURA) has sanctioned internet service provider GVA Rwanda Ltd, commonly known as CanalBox, following days of widespread service disruptions that left many customers across Rwanda frustrated and unable to access stable internet. The complaints, which increased sharply during the outages, came from households, businesses, and other users who said the […]
The ongoing crisis in the Middle East could reduce Africa’s economic growth by 0.2 percent in 2026, according to a joint policy document released on Tuesday, April 15, 2026, by the African Union Commission, the African Development Bank Group (AfDB), the United Nations Economic Commission for Africa (ECA), and the United Nations Development Programme (UNDP). […]
Africa’s largest annual private-sector gathering, the Africa CEO Forum, is set to return to Kigali on May 14–15, bringing together more than 2,800 business leaders, investors, and policymakers from across the continent and around the world. The two-day summit will feature high-level discussions, panel sessions, and executive dialogues aimed at reinforcing the role of the […]
The National Bank of Rwanda has issued a public warning over the growing spread of social media promotions encouraging the use of the Rwandan Franc (FRW) to buy and sell crypto-assets, often with promises of unusually high returns. In a statement on X, the central bank emphasized that under Rwanda’s current legal and regulatory framework, […]