Rwanda: Latest News
Dana Sanchez, 11:41 am
Europe’s largest automaker is expanding in Africa, hoping to open an auto assembly plant in Rwanda and also pilot ride-hailing and car sharing services. VW’s move into “app-based integrated mobility” in Rwanda is significant for two reasons. It’s happening in an African city and it’s a new business model for future urban mobility. Rwanda does not have an established vehicle industry and Uber hasn’t entered the market yet. VW isn’t just competing with Uber. Other ride-hailing services are looking for new markets in Africa.
Kurt Davis Jr., 4:29 pm AFKI Original
A sense of what Zimbabwe can expect post-Mugabe. Partnership in the fight against terror for Tunisia. Better strategies combating poverty and HIV in Swaziland. These are just a few of the wishes that a U.S. investment banker visualizes for African countries as the old year winds down and 2016 gives way to 2017.
Kurt Davis Jr., 11:34 am AFKI Original
Businessman Trump knows better than anyone that you must have the right friends to survive. Tunisia could be the surprise special relationship. A successful democracy there would boost the fight against terror. Nigeria could go either way with Trump. He wants to help oil in the U.S. This could hurt Nigeria. Political and financial engagement with Egypt, South Sudan, and South Africa will see some rebalancing. Trade that benefits the U.S. is low-hanging fruit for Trump, but how does he view AGOA? He promised to re-evaluate all trade agreements.
Derek Dias, 7:00 am
One of the smallest African countries, Rwanda has a dark past. Genocide 22 years ago claimed the lives of nearly 1 million people. Foreign aid, strong leadership and a national resolve for unity and progress helped transform Rwanda into one of the most forward-looking countries in Africa. It is clean, safe and increasingly modern. President Paul Kagame’s vision is for the country to qualify for middle-income status by 2020. See for yourself. Check out these 15 photos and start dreaming about how you’ll make it to Rwanda.
Tom Jackson, 4:20 am AFKI Original
Drones are, without doubt, one of the next big things of Africa’s tech revolution. Slowly but surely, they are being introduced in innovative ways to help with the continent’s development. In an interesting move, the City of Cape Town last week announced a partnership with local tech firm WeFix to use drones to spot sharks at Fish Hoek and Muizenberg beaches.
Ann Brown, 8:12 am AFKI Original
A survivor of the Rwandan genocide, entrepreneur Marcel Mutsindashyaka chose to use the media, not for revenge, but for peace building. His Rwandan media and IT company has helped restore unity in the country by engaging youth. It is now the second most popular news website in Rwanda. Mutsindashyaka was chosen to be in Obama’s Young African Leaders Initiative. The experience “opened my mind from local to global perspective,” he told AFKInsider. “From this I realized that there is potential for the U.S. and Africa to collaborate for mutual benefit.”
Dana Sanchez, 11:32 am
South Africa was criticised in June by human rights groups and praised this week when it changed its mind about appointing the first-ever U.N. expert tasked with investigating LGBT rights abuses worldwide. In a turnaround that broke ranks with other African countries, South Africa approved the legality of the post and voted against delaying it. South Africa was one of the few African countries that did not support delaying the appointment. Several countries said Monday that they would not recognize or cooperate with the U.N.
Dana Sanchez, 2:40 pm
Ethiopia is hardly the only recent example of how conflicts over land rights can set the stage for political and humanitarian crises. Competition for arable land contributed to the Rwandan genocide in 1994. Food insecurity stemming from land mismanagement is an important factor driving migrants to Europe. Farmers have always intuitively known what scientists are now confirming: trees and other vegetation can stimulate more rainfall.
Dana Sanchez, 3:32 pm
Language is a barrier to investment in Africa, but economists say African innovators should think beyond English when developing innovations aimed at solving local problems. There are more than 3,000 languages spoken in Africa by some counts. Language barriers — especially an inability to communicate in English — have hampered trade in Mozambique, where Portuguese is spoken by more than half the population, and Rwanda, where Kinyarwanda is spoken by most Rwandans, but English is an official language.
Dana Sanchez, 11:12 am
Africa’s largest lender, Johannesburg-based Standard Bank this year made $2 billion in loan commitments to Chinese-owned development projects in Africa, and it plans to help Chinese entrepreneurs seek African investment opportunities in areas such as retail. Access to credit remains a challenge for many Africans. Standard Bank says its opportunities lie in working “on the yuan’s internationalization and helping Chinese companies transform from … contractors to investors.”
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