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<p>Last month it was announced that Jumia was suspending their food delivery services here in Rwanda, the news came amidst reports that the Pan-African e-commerce company had already shut down operations in several other African countries, including Cameroon and Tanzania, but to customers here in Kigali, the news was still quite surprising. The service had become a mainstay in many city dwellers&#8217; lunch and dinner plans and the outcry was heard on Twitter. Enter, Vuba Vuba – a new company by former Jumia Rwanda Managing Director, Albert Munyabugingo, plans to pick up where Jumia Food left off. He joins CNBC Africa for more.</p>


Exit Jumia Food

Exit Jumia Food, enter Vuba Vuba – MD Albert Munyabugingo on how new food delivery service plans to cater to Rwandan market

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<p>Rwanda registered $2.46bn in investments for the year 2019, on the other hand the government has returned to the capital markets with a $15.8mn Bond and we also take a look at the highlights of the World Bank global economic prospect’s report. Journalist of The New Times Rwanda, Julius Bizimungu joins CNBC Africa for more.</p>


Julius Bizimungu reflects on Rwanda’s economic growth in 2019

Julius Bizimungu reflects on Rwanda’s economic growth in 2019, forecasts 2020

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<p>On the 20th of December, just a few weeks ago, the #ConnectRwanda campaign was launched on social media by MTN Rwanda in collaboration with the Ministry of ICT and Innovation. The goal of the campaign is getting smart phones into the hands and homes of the country&#8217;s most vulnerable citizens. Some 50,000 phones have been pledged so far but with a gap that consists of millions, are these efforts enough? CEO of MTN Rwanda, Mitwa Ng&#8217;ambi joins CNBC Africa for more.</p>


MTN involved in Smartphone campaign is set to change and improve the lives of Rwandan citizens

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<p>Rwanda saw double digit growth in quarters two and three of last year, prompting the International Monetary Fund (IMF) to revise their growth projections to over 8 per cent for 2019, but what will be the main drivers of Rwanda&#8217;s economy in 2020? CNBC Africa&#8217;s Arnold Kwizera talked to economic Analyst, Ted Kaberuka for more.</p>


Here’s how Rwanda plans to position itself to attract investment

Here’s how Rwanda plans to position itself to attract investment, drive economic growth in 2020

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<p>One of the continent&#8217;s biggest collections of creatives will be taking place in Kigali this month. CAX is expected to have some of Hollywood’s A-listers as they seek to inspire Africa&#8217;s creatives. Dolapo Adedapo, Head of Global Engagement at Creative Africa Exchange joins CNBC Arica for more.</p>


CAX to invite the likes of Steve Harvey

CAX to invite the likes of Steve Harvey, Idris Elba to leverage opportunity in Kigali’s creative industry

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<p>The numbers show that tertiary level enrolment in Sub Saharan Africa (SSA) stands well below the global standard, there are a number of reasons for this of course, chief among them simply being access. When students do manage to enroll, the issues then become keeping up with high tuition costs and relatively expensive learning materials, often leaving students with no choice but to make due with outdated textbooks and damaged goods from donations or past students. Phil Pleiwon, Founder of Imano Portal, a platform born in Liberia believes he could provide a solution right here in East Africa. He joins CNBC Africa for more.</p>


How this digital platform is improving tertiary education outcomes in Africa

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<p>The Nairobi Securities Exchange (NSE) benchmark index went up by 74 per cent in the last ten years becoming the best performing stock exchange market in Sub-Sahara Africa (SSA) during that period. Rodney Omukhulu, Assistant Investment Analyst at Cytonn joins CNBC Africa for more on open trading performance for 2020.</p>


How Kenya’s NSE index surged by 74% a decade on

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<p>Carbon, a Nigerian-based fintech start-up that started as a loan offering platform, has launched operations in Kenya. Eliud Mungai, Kenya Country Lead at Carbon joins CNBC Africa for more.</p>


How Carbon is smoothening the fintech plains by expanding into Kenya

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<p>In the region, numerous events have taken center stage as we ushered in the new decade. In Rwanda, the meetings, incentives, conferencing, exhibitions (MICE) sector continues to register growth in revenue estimated at $88 million for the year 2019/2020 up from $74 million the previous year. Event Organizer, Mutamuliza Alyce Nkesha joins CNBC Africa to share her 16 year experience and the growth in the events sector.</p>


Alyce Nkesha on how MICE sector is key driver of revenue growth in Rwanda

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<p>Kenya has been rocked by another terrorist attack on a military base in Lamu, there have been three casualties reported but even more lives and livelihoods could be affected by this unfortunate event. Journalist, Joseph Bonyo joins CNBC Africa to discuss what is happening in the country.</p>


How terrorist attack on Lamu is bound to affect tourism in Kenya

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<p>In Uganda, the National Social Security Fund (NSSF) has collected more money from members than was anticipated. By the end of this December, 11.5 was collected surpassing the target of Ksh 11.3 trillion. Also – with only six years left to the end of its concession, Umeme has secured a $70mn syndicated loan that would partly be used to undertake capital investments to evacuate electricity from Uganda’s newest dams. Analyst, Charles Bwogi joins CNBC Africa for more.</p>


NSSF surpasses target

NSSF surpasses target, Umeme to restore electrical power in Uganda with $70mn loan

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<p>Rwanda has recognised private and public actors in the tourism industry during the second edition of Rwanda Tourism Awards.</p>


Top performers honoured at the Rwanda Tourism Awards

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<p>Tourism is a crucial sector to Rwanda’s economy and the country has set out to double revenue from the sector to $800 million in the next four years. Frank Gisha Mugisha, Director of Rwanda Tourism Chamber joins CNBC Africa to explain the role of the private sector.</p>


Rwanda targets $800mn in tourism revenue over next 4 years

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<p>The Basketball Africa League (FIBA) announced cities in Egypt, Senegal, Nigeria, Angola, Morocco and Tunisia as the host and the host city for the first-ever BAL Final Four and BAL Final will be Kigali. Additionally, Nike and Jordan Brand will be the exclusive outfitter of the new professional league featuring 12 club teams from across Africa and scheduled to begin play in March 2020. Amadou Gallo Fall, Basketball Africa League President, joins CNBC Africa for more.</p>


BAL President Amadou Gallo Fall on how sport is driving economics on the continent

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<p>Bank of Uganda (BoU) held its last Treasury Bills (T-Bill) auction of 2019 on December 18th to raise $59.96 million. However, the previous bill auction had an underwhelming performance in terms of amount raised with the Central Bank only managing 88.07 per cent of the amount offered. Also last week, trading turnover dropped by 36.36 per cent to 23.81 relative to $37.28 million the previous week. Oscar Emasu, Research Analyst at Crested Capital joins CNBC Africa for a review on how the money market faired this year.</p>


Annual market review: This is how Uganda Securities Exchange performed in 2019

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<p>For the first time, the 10th edition of the Omani Products Exhibition will take place in Rwanda between January 15th to 18th, with the aim of improving trade relations between the two countries. Over 80 exhibitors from Oman are expected to showcase from food and beverage, plastics, textiles, metals and minerals, construction and logistics. Ayman Al Hsani, Chairman of Opex Commitee joins CNBC Africa for more.</p>


Rwanda looks to deepen trade ties with Oman

Rwanda looks to deepen trade ties with Oman, hosts 10th Omani Products Trade show

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<p>250 Start Ups and the University of Rwanda (UR) have signed a Memorandum of Understanding (MoU) to support innovative students in building new tech solutions. Charles Shyaka, General Manager at 250 Start Ups joins CNBC Africa for more on these partnerships.</p>


Rwanda

Exit Jumia Food, enter Vuba Vuba – MD Albert Munyabugingo on how new food delivery service plans to cater to Rwandan market

Julius Bizimungu reflects on Rwanda’s economic growth in 2019, forecasts 2020

MTN involved in Smartphone campaign is set to change and improve the lives of Rwandan citizens

Here’s how Rwanda plans to position itself to attract investment, drive economic growth in 2020

CAX to invite the likes of Steve Harvey, Idris Elba to leverage opportunity in Kigali’s creative industry

How this digital platform is improving tertiary education outcomes in Africa

How Kenya’s NSE index surged by 74% a decade on

How Carbon is smoothening the fintech plains by expanding into Kenya

Alyce Nkesha on how MICE sector is key driver of revenue growth in Rwanda

How terrorist attack on Lamu is bound to affect tourism in Kenya

NSSF surpasses target, Umeme to restore electrical power in Uganda with $70mn loan

Top performers honoured at the Rwanda Tourism Awards

Rwanda targets $800mn in tourism revenue over next 4 years

BAL President Amadou Gallo Fall on how sport is driving economics on the continent

Annual market review: This is how Uganda Securities Exchange performed in 2019

Rwanda looks to deepen trade ties with Oman, hosts 10th Omani Products Trade show

250 Start Ups, UR sign MoU to support tech start-ups in Rwanda

News Tips

Advertise With Us

Rwanda

Exit Jumia Food, enter Vuba Vuba – MD Albert Munyabugingo on how new food delivery service plans to cater to Rwandan market

Julius Bizimungu reflects on Rwanda’s economic growth in 2019, forecasts 2020

MTN involved in Smartphone campaign is set to change and improve the lives of Rwandan citizens

Here’s how Rwanda plans to position itself to attract investment, drive economic growth in 2020

CAX to invite the likes of Steve Harvey, Idris Elba to leverage opportunity in Kigali’s creative industry

How this digital platform is improving tertiary education outcomes in Africa

How Kenya’s NSE index surged by 74% a decade on

How Carbon is smoothening the fintech plains by expanding into Kenya

Alyce Nkesha on how MICE sector is key driver of revenue growth in Rwanda

How terrorist attack on Lamu is bound to affect tourism in Kenya

NSSF surpasses target, Umeme to restore electrical power in Uganda with $70mn loan

Top performers honoured at the Rwanda Tourism Awards

Rwanda targets $800mn in tourism revenue over next 4 years

BAL President Amadou Gallo Fall on how sport is driving economics on the continent

Annual market review: This is how Uganda Securities Exchange performed in 2019

Rwanda looks to deepen trade ties with Oman, hosts 10th Omani Products Trade show

250 Start Ups, UR sign MoU to support tech start-ups in Rwanda

News Tips

Advertise With Us

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