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<p>CNBC AFRICA&#8217;s exclusive interview with Rwanda Development Board CEO, Francis Gatare, delving into upcoming initiatives and key sectors driving Rwanda&#8217;s industries.</p>


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Rwanda 2024 Investment Outlook: Focus On Priority Sectors

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<p>In this episode, the Kigali Economic Forum becomes a catalyst for Africa&#8217;s global economic transformation. Decision-makers converge to unveil innovative solutions for youth, education, women&#8217;s roles, economic governance, attractiveness, and financing, marking a pivotal moment in shaping Africa&#8217;s destiny as the 21st century unfolds.</p>


Invest Rwanda: Kigali Economic Forum

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<p>Rwandan-owned Akagera Medicines and the Coalition for Epidemic Preparedness Innovations (CEPI) entered a new partnership of $1.46 million to improve vaccine delivery and accessibility in Africa. The partnership will see CEPI provide the financial and technical support to demonstrate the pre-clinical proof of concept of Akagera Medicine’s innovative lipid nanoparticles (LNPs) and modified mRNA for the development of a multivalent influenza vaccine.<br />
In this panel discussion, Regis Rugemanshuro, CEO of the Rwanda Social Security Board, the majority owner of Akagera Medicines and Michael Fairbanks, Chairman of the Board of Akagera Medicines explain what this milestone means for Rwanda and the continent.</p>


How Rwanda could become vaccine hub for Africa

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<p>In the heart of Africa, Rwanda is soaring to new heights, aiming to become the continent&#8217;s premier cargo business hub. In this episode of Invest Rwanda, we focus on Rwanda’s growing potential in the cargo business sector.</p>


Invest Rwanda: How Rwanda is set to become Africa’s premier cargo business hub


<p>KINSHASA, May 28 (Reuters)&nbsp;&#8211;&nbsp;Democratic Republic of Congo has summoned Rwanda&#8217;s ambassador and suspended RwandAir flights to Congo in response to what it says is Kigali&#8217;s support for M23 rebels carrying out a military offensive in its eastern borderlands.</p>



<p>Rwanda denies supporting the rebels, who advanced as close as 20 km (12 miles) this week to eastern Congo&#8217;s main city of Goma and briefly captured the army&#8217;s largest base in the area.&nbsp;<a href="https://www.reutersconnect.com/all?search=all%3AL2N2XJ0HI&amp;linkedFromStory=true" target="_blank" rel="noreferrer noopener">Read full story</a></p>



<p>Congo and U.N. investigators had also accused Kigali of supporting the M23 during a 2012-2013 insurrection that took Goma before being forced back and chased into Uganda and Rwanda. Kigali denied doing so.</p>



<p>Congo&#8217;s government spokesman Patrick Muyaya announced the suspension of flights from Rwanda&#8217;s national carrier and the summoning of the ambassador late Friday night following a meeting of the national defence council.</p>



<p>He said the government had designated the M23 a terrorist group and would exclude it from negotiations being held in Kenya with militia groups active in eastern Congo.</p>



<p>&#8220;A warning was made to the Rwandans, whose attitude is likely to disrupt the peace process &#8230; where all the armed groups, except for the M23, are committed to the path to peace,&#8221; Muyaya said.</p>



<p>Rwanda&#8217;s government was not immediately available for comment on Saturday.</p>



<p>On its website, Rwanda&#8217;s army requested the release of two Rwandan soldiers it said were &#8220;kidnapped&#8221; along its border with Congo.</p>



<p>An image circulating on social media of two men in Rwandan military uniforms surrounded by Congolese soldiers has been cited by Congolese users as evidence of the Rwandan army&#8217;s presence inside Congo.</p>



<p>Congo&#8217;s government has not commented on the photo, but Muyaya presented video footage during his remarks showing munitions and a military uniform that he said belonged to Rwandan forces and were recovered by the Congolese army.</p>



<p>The M23 and Rwanda&#8217;s government have, in turn, accused Congo&#8217;s army of collaborating with the Democratic Forces for the Liberation of Rwanda (FDLR), a militia founded by ethnic Hutus who fled Rwanda after participating in the 1994 genocide. Congo denies this.</p>



<p>Rwanda invaded Congo in 1996 to pursue the militiamen. Eastern Congo has experienced near constant conflict since then due to foreign invasions and insurgencies by rebel groups.</p>



<p>(Reporting by Stanis Bujakera and Fiston Mahamba; Additional reporting by Clement Uwiringiyimana in Kigali; Writing by Aaron Ross, Editing by Ros Russell)</p>


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Congo suspends flights from Rwanda over Kigali’s alleged support for rebels

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<p>The Tanzania Railways Corporation announced it will receive the first batch of electric trains it had ordered by November this year after signing a deal with a South Korean company, Hyundai Rotem.   This comes as Tanzania plans to modernise its railroads. Economic Analyst Gabriel Mwang’onda spoke to CNBC Africa for more.</p>


Tanzania to receive first 42 Korean electric trains by November

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<p>The private sector in Rwanda has expressed optimism that intra-trade and investment between Rwanda and Tanzania will significantly grow after a state visit by Tanzanian President Samia Suluhu Hassan. CNBC Africa spoke with the Chairman of Rwanda&#8217;s Private Sector Federation, Robert Bapfakurera for more.</p>


Rwanda: Private sector optimistic after President Suluhu’s visit

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<p>Foreign investors pulled out $10 million from the Nairobi Securities Exchange in July, marking the sixth straight month of net-selling despite the prevailing rise in the market wealth. Economic Analyst Aly-Khan Satchu spoke to CNBC Africa for more.</p>


Foreign investors at NSE pull out $10mn in July

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<p>After years of preparation, the Nairobi International Financial Centre, last week, signed its first deals with British insurer, Prudential Plc and business lobby group The CityUK, ahead of its official launch later this year. CNBC Africa spoke with the Chairman of the NIFC, Vincent Rague for more.</p>


Kenya’s NIFC inks first two deals with British insurer Prudential

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<p>Uganda Breweries limited saw a 33 per cent increase in net sales despite an challenging year for the beverages sector. CNBC Africa spoke with the Managing Director of UBL, Alvin Mbugua for more.</p>


Uganda Breweries delivers resilient performance in difficult conditions

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<p>If you are to look at the role of your internet service provider right now to the beginning of 2020, it’s no surprise for one to think these are two differing entities but how big of a change has taken place? Christian Muhirwa, CEO of Broadband Systems Ltd joins CNBC Africa for more.</p>


Understanding the evolution of ISPs during COVID-19

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<p>The smart tech market has seen an exponential growth over the past 14 months largely attributed to the effects of the Covid-19 pandemic, but as we reopen is there a need for it? Carlos Mwizerwa, General Manager of Invictus Security joins CNBC Africa for more.</p>


How COVID-19 is shaping demand for smart security solutions

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<p>Fitch Ratings has revised Rwanda&#8217;s outlook to negative from stable and affirmed the Issuer Default Rating at &#8216;B+&#8217;. What position does this put Rwanda? Jermaine Leonard, Director at Fitch Ratings joins CNBC Africa for more.</p>


Fitch revises Rwanda’s outlook from stable to negative

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<p>The Government of Rwanda announced plans to streamline policies and introducing incentives to aid its elaborate plan to increase the uptake of Technical and Vocational Education and Training courses. More over, it has allocated about Rwf7.1 billion for Technical and Vocational Education and Training in the current fiscal year (2021/2022), a 50 per cent increase from the previous year  as it moves to address the shortage of these practical training materials. James Gashumba, Vice Chancellor at Rwanda Polytechnic joins CNBC Africa for more.</p>


Rwanda allocates $7mn towards consumables to boost hands-on skills

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<p>Tanzania is currently occupied by many banks with a bunch of them running tiny operations. The latest report by Ernst &amp; Young Tanzania indicates that at least eight banks are in the process of merging as a result. Stanley Bijura, EY Tanzania’s Senior Manager for Strategy and Transaction spoke to CNBC Africa for more.</p>


Ernest & Young: Why Tanzania’s banking sector is ripe for consolidation

Ernst & Young: Why Tanzania’s banking sector is ripe for consolidation

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<p>We’ve just witnessed the opening ceremony of the Tokyo Olympics. But unlike previous editions, this year’s games will have no fans in attendance as part of the Covid-19 restrictions.</p>


How the Tokyo Olympics without fans could impact athletic performance

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<p>According to the latest World Bank Rwanda Economic Update, private infrastructure financing will have to increase sharply from its current share of about one-third of the total infrastructure commitments, if the country is to achieve her development goals. CNBC Africa spoke with the Country Manager of World Bank Group Rwanda, Rolande Pryce, for more.</p>


rwanda east africa

Rwanda 2024 Investment Outlook: Focus On Priority Sectors

Invest Rwanda: Kigali Economic Forum

How Rwanda could become vaccine hub for Africa

Invest Rwanda: How Rwanda is set to become Africa’s premier cargo business hub

Congo suspends flights from Rwanda over Kigali’s alleged support for rebels

Tanzania to receive first 42 Korean electric trains by November

Rwanda: Private sector optimistic after President Suluhu’s visit

Foreign investors at NSE pull out $10mn in July

Kenya’s NIFC inks first two deals with British insurer Prudential

Uganda Breweries delivers resilient performance in difficult conditions

Understanding the evolution of ISPs during COVID-19

How COVID-19 is shaping demand for smart security solutions

Fitch revises Rwanda’s outlook from stable to negative

Rwanda allocates $7mn towards consumables to boost hands-on skills

Ernst & Young: Why Tanzania’s banking sector is ripe for consolidation

How the Tokyo Olympics without fans could impact athletic performance

World Bank’s Pryce on how Rwanda can attract more private sector investment to fund infrastructure development

News Tips

Advertise With Us

rwanda east africa

Rwanda 2024 Investment Outlook: Focus On Priority Sectors

Invest Rwanda: Kigali Economic Forum

How Rwanda could become vaccine hub for Africa

Invest Rwanda: How Rwanda is set to become Africa’s premier cargo business hub

Congo suspends flights from Rwanda over Kigali’s alleged support for rebels

Tanzania to receive first 42 Korean electric trains by November

Rwanda: Private sector optimistic after President Suluhu’s visit

Foreign investors at NSE pull out $10mn in July

Kenya’s NIFC inks first two deals with British insurer Prudential

Uganda Breweries delivers resilient performance in difficult conditions

Understanding the evolution of ISPs during COVID-19

How COVID-19 is shaping demand for smart security solutions

Fitch revises Rwanda’s outlook from stable to negative

Rwanda allocates $7mn towards consumables to boost hands-on skills

Ernst & Young: Why Tanzania’s banking sector is ripe for consolidation

How the Tokyo Olympics without fans could impact athletic performance

World Bank’s Pryce on how Rwanda can attract more private sector investment to fund infrastructure development

News Tips

Advertise With Us

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