The Project for Improvement of Access to Safe Water in Bugesera District held its inaguration ceremony in Musenyl sector on November 15.
Rwanda Tender and Business News
Rwanda's Minister of Environment, Vincent Biruta, has signed a memorandum of understanding on environmental cooperation with the Honourable Catherine McKenna, Canada's Minister of Environment and Climate Change.
Rwanda's Sustainable Water Supply and Sanitation Program has received approvals for two loans from the African Development Bank in the total amount of US $171 million.
The Development Innovation Ventures (DIV) program, operated by the U.S. Agency for International Development (USAID), just announced 18 new grantees. These grantees come from Brazil, India, Kenya, Uganda, Malawi, Rwanda, South Africa, Tanzania, and Zambia.
Laure Redifer led an International Monetary Fund (IMF) team on an in-person visit to Rwanda from October 25-November 8, 2017. The purpose was to review potential economic policies to help complete the eight and third reviews of Rwanda's PSI and SCF-supported programs.
As intra-African trade and investment grows, what comes with it are more and bigger commercial disputes. To help resolve those, countries like Kenya are working to develop the means to negotiate those disputes on African soil.
"Agriculture, agriculture, agriculture," Nigerian business leader Aliko Dangote told investors as his part of investor meetings taking this week in New York. "Africa will become the food basket of the world."
The foundation stone for Rwanda's Burgesera International Airport was laid into place on August 9 by the country's President Kagame.
According to a report from Valencia, Spain, based ForwardKeys on airline capacity in Africa, Lagos, Nigeria in particular is showing a significant seat capacity decline in 2017. According to a spokesperson from AviaDev, a major airline route development conference in Africa, this comes directly from the difficulty in bringing revenues back out of the country in 2016.
Africar Group, the largest car classifieds platform in Africa, is now available in 10 local languages on the markets where it operates.
Healthymagination's Mother and Child Programme just unveiled the 14 social enterprises selected as its second cohort in Africa. Each emerging enterprise is focused in one way or another on improving and accelerating maternal and/or child health outcomes in Africa.
As a means to improve food security in Rwanda and Tanzania, the Washington, D.C. based International Finance Corporation (IFC) and the Global Agriculture and Food Security Program (GAFSP), a fund coordinated by the World Bank, are launching smallholder farmer financing programs with the United Nations World Food Programme (WFP).
The fall army worm has expanded so rapidly in southern Africa that its presence is behind a cut in this year's regional maize harvest forecast by up to 10 percent. A new multi-part plan to increase surveillance and research to contain the worm may help push back the agricultural menace.
Ever wonder what trade shows and conferences can mean economically to host countries in Africa? A new independent audit of the influential Africa Hotel Investment Forum (AHIF) (www.Africa-Conference.com) by Grant Thornton, and international audit, tax and advisory company, says that single conference alone has delivered ~$16.8 million to African economies.
The fast-growing agricultural and trade town of Eldoret in Western Kenya just celebrated the official opening of the Eldoret Comprehensive Cancer Centre.
Taking a page from the EU playbook, the Economic Community of West African States (ECOWAS) is well on its way to introducing a common currency for the region. Former Nigerian President Olusegun Obasanjo strongly recommends ECOWAS should consider a two-track approach to proceed, one for those who are ready now and one for those not yet set up for the new currency.
Africa Finance Corporation (AFC), a major pan-African multilateral development finance institution and project developer focuses on infrastructure, just added Kenya as its 15th member nation.
Rwanda will be hosting the 5th edition of the East Africa International Arbitration Conference (EAIAC2017) (www.EAArbitration.com) on September 28 and 29, 2017.
A new competition was just launched to find and support providers of innovative and scalable financial products and services that improve the lives of poor people in rural areas of Africa.
The Organisation pour la Promotion de la Contribution Active de la Femme Rwandaise au Developpement (SERUKA), a national women's organization with the goal of enhancing women's economic empowerment in Rwanda, in partnership with the African Development Bank has just launched the Rwanda Honey Value Chain Project to increase honey production.
Dubai-based Access Power, in partnership with EREN Renewable Energy (www.EREN-Groupe.com), a global independent power producer, just announced three recipients of its US $7 million Access Co-Development Facility (ACF), a funding and support platform for renewable energy projects in Africa.
The formation of the African Women Leaders Network, a major new initiative with the goal of enhancing the leadership of women in the transformation of Africa, was just announced by co-founders UN Women, the African Union Commission and the Permanent Mission of Germany.
The Economic Community of West African States (ECOWAS) and the State of Israel just signed a Memorandum of Understanding to advance green energy projects across ECOWAS's 15 member states. It includes a commitment to invest $1 billion for those projects via Energiya Global, Israel's largest solar developer.
As the African economy heats up, informal cross-border trading, in which sales and barter ignore local tax and other rules, runs between 20% and 70% of employment of sub-Saharan Africa. Of those, women make up about 70% of the traders in the south and more than half elsewhere in the continent.
Orama Media Group (OMG), a Pan Africa media content creator with office locations in Rwanda and Zimbabwe, will soon be launching an Africa-wide business analysis program entitled, "This Week in Africa".