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Africa Business News

Rwanda Tender and Business News

The Food and Agricultural Organization Focuses on Job Creation for Africa's Youth

Over 60 percent of the 1.2 billion people who live in Sub-Saharan Africa are under 25. This puts major pressure on creating solid job opportunities for each of them. The Food and Agriculture Organization reviews a number of the opportunities it is working on to help youth not just be employed, but help build the economies of the future.

Youth Employment in Agriculture Conference To Be Held Aug 20-21 in Rwanda

On August 20-21, Kigali, Rwanda will be hosting the Youth Employment in Agriculture Conference. Over 500 delegates, mostly made up of the young, will come together from across Africa to discuss how to boost employment opportunities in agriculture on the continent through use of information and communication technologies (ICT) as well as entrepreneurship.

Traders in Uganda and Rwanda Awarded $63M for Election Chaos Losses

In a decision released on July 27, the Kenyan High Court judge Msagha Mbobholi ordered the government to pay 16 traders in the East African Freight Forwarders Association $63 million for damage to trucks and goods lost during rioting and more after the 2007-2008 elections.

African Financial Fund Receives $10M Investment from AfDB

The Africa Financial Sector Deepening Fund, a financial instrument designed to strengthen the capital base of local financial institutions and stimulate Africa's corporate bond market, just received a US $10 million investment from the African Development Bank.

U.S. Declares Clothing Trade War -- on Rwanda?

In a little-known corner of the global Trade War, Rwanda and some of its neighboring countries recently raised tariffs on imports of used clothing, in an attempt to stimulate the local textile industry. Trump responded by suspending duty-free access to U.S. markets for Rwandan clothing. It may look balanced, but this may just be the most crazy 'trade war' the U.S. has launched yet.

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