Rwanda: Latest News

  • How More Agri-Traders Can Improve Liquidity In Africa At The Exchange Entry Point

    agri-traders could improve liquidity in Africa By Kurt Davis Jr., 10:55 am AFKI Original

    Many African economies could use an infusion of cash into their agricultural markets at the exchange entry point. Liquidity is vital to further stimulate market activity in Africa, especially in the agriculture sector, where 70 percent of Africans make a living. Many African countries do not have agricultural commodity exchanges (or any active trading market) and effectively lack the liquidity and incentive to spur more cash inflow and investors into the sector.

  • Rwanda Partnering With Nokia And SRG To Deploy Smart City Technology

    Smart City technology deployed in Rwanda's capital, Kigali By Peter Pedroncelli, 5:46 am

    The Rwandan government will be working with Finnish mobile giants Nokia and local company SRG in the deployment of smart city technology solutions throughout the country. Nokia’s advanced capabilities in this arena will be used to deliver a secure and effective smart city solution for the East African nation, which will include a mission-critical access network, IP and cloud core networks, and Nokia’s ‘impact platform’, which will enable numerous applications related to the internet of things (IoT).

  • University of Nairobi Student Crowned Miss Geek Africa 2017

    Miss Geek Africa By Staff, 8:55 am

    Miss Geek Africa is a continental competition designed to inspire African girls to be part of solving the continent’s challenges using technology and encourage them to choose a career in Science, Technology, Engineering and Math (STEM).

  • 12 Biggest African Recipients Of Foreign Aid From The United States

    Biggest African Recipients Of Foreign Aid From The United States By Peter Pedroncelli, 3:20 am AFKI Original

    The United States provides foreign aid that benefits numerous African recipients, with over $43 billion of total obligations going to 222 countries around the world in 2015. Much of this goes to assisting countries in sub-Saharan and North Africa, with USAID funding countless programs for the good of people within those nations. We take a look at the 12 biggest African recipients of foreign aid from the United States.

  • Why Is East Africa A Global Leader In Mobile Remittances?

    East Africa a global leader in mobile remittances By Tom Jackson, 9:58 pm AFKI Original

    TerraPay is the latest mobile payments platform to enter the crowded East African market with its launch in Tanzania. The challenge for the market lies in navigating regulatory hurdles from one country to the next, an expert said. Interoperability has the potential to unlock intra-African mobile remittances and could be key to promoting cross-border trade. It is expected to overcome challenges to scale and facilitate micro-transfers across borders, a common theme for Africa’s low-income population. Expect to see some consolidation in the market.

  • Rwanda’s Partnership With Microsoft Boosts Online Education Roll Out

    made in rwanda - Online education By Peter Pedroncelli, 7:22 am

    The Rwandan government’s partnership with Microsoft is benefiting efforts to roll out online education initiatives that are envisaged to become standard across the country in the next three years. The giant American multinational technology company is working with the Rwandan authorities in the pursuit of their short and long-term objectives to make Rwanda a digital learning pioneer on the African continent. By June this year, the Rwandan government is aiming to see around 50 percent of all subjects taught online.

  • Opinion: Malaria Vaccine Will Increase Travel, Remove Trade Barriers In Africa

    By Staff, 9:41 pm

    Many South African business leaders say that malaria is among the top reasons they do not travel to other African countries. The world’s first malaria vaccine will undergo trials in Kenya, Ghana and Malawi in 2018, possibly heralding victory over a disease that still kills close to 500,000 people a year, mainly Africans. Although health is a cardinal element of the human development index, this is not a health story, but an economic and a human story. Africa’s bid for economic self-reliance stands to benefit from a malaria vaccine.

  • Germany Leads G20 Plan To Boost Private Investment In Africa

    African economies By Peter Pedroncelli, 9:33 am

    In the interests of reducing inequality and poverty within the African continent in the long-term, and avoiding the growth of populism across Africa, the G20 countries, headed by Germany, are pushing for a plan that will increase private investment and infrastructure development in Africa. Speaking at a forum on global infrastructure at the Inter-American Development Bank in Washington, German finance minister Wolfgang Schaeuble set forth a proposed scheme that will see various G20 member countries and international lenders partner with African countries in order to attract global investors.

  • Opinion: Renewables Can Help Africa, But Real Solutions Lie In Nuclear, Coal And Natural Gas

    Renewables can help Africa By Staff, 3:59 pm

    Wind and solar power in Africa are short-term solutions that cannot fix serious, immediate problems. African cities need abundant, reliable electricity, and they need it now. Wind and solar do not equal real economic development or really improved living standards. African governments need to stand up to Europeans, global banks and environmentalists who oppose big power plants in Africa. Our leaders need to remember that Europe and the U.S. did not have a World Bank or other outside help when they modernized and industrialized. They did it themselves.

  • Opinion: Big Bond For Africa Could Help Maximize Aid At A Time When Aid Is Under Pressure

    Big Bond for Africa By Staff, 2:57 pm

    At a time when aid is under political pressure, a bold approach is needed to maximize the efficiency of donor resources. While governments in Africa are spending more on public infrastructure themselves, outside finance is still required, especially for regional projects — rarely a priority for national governments. Aid from Africa’s traditionally generous foreign donors is set to shrink. There may be a solution. The “Big Bond” is a strategy for leveraging foreign aid funds in international capital markets to generate financing for massive infrastructure investment.

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