The Ministry of Infrastructure has confirmed that Rwanda’s new Centre of Excellence for Aviation Skills (CEAS) will begin operations in 2028, coinciding with the completion of the new Bugesera International Airport, currently under construction. The CEAS, developed by Akagera Aviation, aims to train the next generation of pilots and aviation professionals, offering programs in piloting, […]
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 […]
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 […]
Microsoft Acquires 27% Stake in OpenAI, Valuing the Company at $500 Billion In a significant shift for the artificial intelligence landscape, OpenAI has announced its restructuring into a public-benefit corporation. This move is accompanied by a substantial investment from Microsoft, which has acquired a 27% stake in the company. The valuation of OpenAI has now […]
Country Records Significant Improvement in Financial Market Performance Rwanda has emerged as one of the standout performers in the 2025 edition of the Absa Africa Financial Markets Index (AFMI), posting the largest year-on-year improvement among 29 African economies assessed. The country’s overall score improved from 46 to 54 out of 100, reflecting the government’s targeted […]
The initiative aims to enhance sustainability and community livelihoods through tree planting. On Saturday, October 25, 2025, BRALIRWA Plc, a subsidiary of the HEINEKEN Company, collaborated with Rubavu District to plant 13,000 trees in Rambo Village, Kiraga Cell, Nyamyumba Sector. This initiative is part of BRALIRWA’s ongoing commitment to environmental sustainability and its vision to […]