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Economy

Rwanda economy grows by 6.7pc – Statistics body

Rwanda registered a 6.7 per cent GDP growth in the second quarter of 2018 boosted by the industry, agriculture and service sectors. The economy expanded to an estimated Rwf2 trillion ($2.27 billion) from Rwf1.86 trillion ($1.12 billion) in the same period last year. Government statistics show the industry sector recorded …

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The African Development Bank and FAO target agriculture investments to end hunger and create wealth in Africa

Strategic alliance includes commitment to raise funds to promote food security, sustainable agriculture and rural development Rome, Italy, 27 August 2018  – The African Development Bank and the FAO today agreed to boost joint efforts aimed at catalysing agriculture sector investments in Africa to end hunger and malnutrition and increase …

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Xi to start tour of Middle East African nations

  Chinese President Xi Jinping begins his tour of 5 nations in the Middle East and Africa on Thursday. The Chinese Foreign Ministry said Xi will visit the United Arab Emirates, Senegal, Rwanda, South Africa, and Mauritius until July 28th. During the visits, Xi hopes to strengthen ties between China …

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African Development Bank working with AU, ECA, Afreximbank to boost intra-African trade

Bank proud of Afreximbank’s achievements as a strategic partner in trade finance Abidjan, Côte d’Ivoire, 16 July 2018 – The African Export-Import Bank (Afreximbank) has become a reputable and solid regional development finance institution, meeting significant financing needs in trade development and trade finance in Africa, says President of the African Development Bank, Akinwumi Adesina. Afreximbank is one of …

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Persons with Disabilities on route to economic empowerment

In the context of the economic empowerment of Persons with Disabilities (PWDs), the Rwandan government, with the support of the private sector and its partners in this field, has already taken some steps, but the most important remains to be done. The Government Representative in Rwanda Disability Summit early this …

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China’s first quarter growth beats expectations at 6.8%

China’s economy grew at an annual pace of 6.8% in the first quarter compared to the same period last year, according to official data, beating forecasts for the period. The growth figures for January to March were also above Beijing’s 2018 annual growth target of “around 6.5%”. The data shows resilience …

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