Rwanda and US University Sign Deal to Invest in Social Impact

Wharton University MBA students meeting with President Paul Kagame

Rwanda is engaging social impact investors to take part in the country’s development agenda. Rwanda last year signed a deal with a US based Wharton University to facilitate knowledge exchange and encourage policy change in national markets. The academic institution is a global leader in Business and Finance studies. About 30 MBA students today met with President Paul Kagame at Village Urugwiro. The president told students that Rwanda has used its human capital to move from scratch to economic growth despite suffering the 1994 genocide against Tutsi. “22 years ago we saw bad things humans are capable of, today you see the good the same human beings are capable of,” Kagame said during interaction with…

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Rwanda successfully issued Rwf 10Billion 15 year fixed coupon Treasury bond

John Rwangombwa, Governor of the Central Bank

The government has through the Central bank successfully issued a 15 year bond worth Rwf 10 billion on Wednesday, announcing its part of its regular issuance to finance infrastructure and development of capital markets. The Central bank says that the bond attracted more retail investors accounting for 48 orders from the 57 applications received by the bank which it says was higher compared to February this year. “This is the longest tenure bond issued ever since the government started issuing treasury bonds and it’s over subscription of 215.5 percent shows good appetite for government bonds,” said John Rwangombwa, Governor of the Central Bank on Thursday. Accordingly, the retail investment represented 14.61 percent of the total…

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Kumurika ibikorwa bibafasha kugaragaza ibikorerwa abaturage

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Abafatanyabikorwa b’Akarere ka Gatsibo hamwe n’abandi bakora ibikorwa bitandukanye, bavuga ko iyo bamuritse ibyo bakora bituma gahunda zabo zimenyekana.   Imishiga itegamiye kuri Leta yitabiriye kumurika ibyo ikorera abaturage Aba bafatanyabikorwa batangaje ko ubwo baganiraga na bo kuri uyu wa 18 Gicurasi 2016, aho bitabiriye imurikabikorwa mu rwego rwo kugaragariza abaturage b’Akarere ka Gatsibo ibyo bakora hagamijwe kurushaho kuzamura iterambere ry’Akarere. Mbonimpa Epimaque wari waje ahagarariye Koperative COBANYA ihinga mu buryo bwa kijyambere imyaka itandukanye, avuga iki gikorwa cyo kumurika ibyo bakora babivanamo inyungu nyinshi, kuko ngo bituma barushaho kumenyekana bityo n’abaterankunga bakiyongera. Yagize ati”Iki gikorwa uretse kuduhuza n’abaterankunga, kinadufasha kubona amasoko y’umusaruro wacu, kuko abatugana bareba ibyo dukora bagasanga dufite umusaruro ufatika kandi w’ubwoko…

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Gatsibo: Hafashwe ingamba mu kwitabira gahunda y’Ikigega Agaciro

Manzi Theogene Umuyobozi w’Akarere ka Gatsibo wungirije ushinzwe ubukungu n’iterambere

Ubuyobozi bw’Akarere ka Gatsibo n’abaturage b’aka karere, barigira hamwe uko hakongerwa ingufu mu kwitabira gahunda y’Ikigega Agaciro Development Fund. Mu nama yari ihuje Ubuyobozi bw’Akarere ka Gatsibo, Abayobozi b’imirenge, Njyanama z’imirenge n’utugari, abikorera hamwe n’abavuga rikijyana kuri uyu wa 13 icurasi 12016, bafashe ingamba nshya zo kongera umuhate mu kwitabira gahunda y’Ikigega Agaciro. Umuyobozi w’Akarere ka Gatsibo wungirije ushinzwe ubukungu n’iterambere Manzi Theogene, yibukije abitabiriye iyi nama ko iki ari igikorwa buri wese akwiye guha ahaciro akagikora azi akamaro kacyo nicyo kigamije. Yagize ati:” Ingamba y’ibanze twafashe ni ugukangurira abantu gushyira amafaranga mu kigega agaciro, ariko tukabanza kubumvisha akamaro icyo gikorwa gifite mu buzima bwabo bwa buri munsi.” Ku kibazo cy’uko hari bamwe mu baturage…

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Rwanda to become Africa’s first digital economy

Rwanda to become Africa’s first digital economy

Rwanda has secured a deal with Ericsson that will help the country digitalise its economy. The seven-year agreement signed on the sidelines of the World Economic Forum on Africa in Kigali will support Rwanda’s vision to create a digital economy. For Rwanda, a digitalised economy drives greater financial and social inclusion for its society and citizens through intergration of informal sectors such as savings cooperatives and micro finance players in the ecosystem. Representing government of Rwanda at the signing, Finance Minister Claver Gatete said, “Mobile payment technology has the potential to advance financial inclusion and help people build savings”. He said this technology gives government and private sector a more cost-effective, efficient, transparent, and safer…

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‘Catch up’Games In Africa May Derail Industrialisation

Discussants at a panel on Africa’s Fourth Industrial Revolution

For Africa to move into its fourth industrialisation phase, it may require cleaning up its mess of playing catch-up games. President Paul Kagame said the African countries should invest in human capacity of Africans and infrastructure as the only way to go. “Africa should not still be playing catch-up, by the time the Fifth Industrial Revolution comes around,” President Kagame said while featuring on a panel on Africa’s Fourth Industrial Revolution at the ongoing World Economic Forum on Africa taking place in the capital Kigali. Appearing on the same panel, the African Development Bank President, Akinwumi Adesina believes that it’s time Africa gets revolutionalised. “We must revolutionise Africa, we lost over 3000 youth in the…

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