Rwanda’s Finance and Economic Planning Minister Dr Uziel Ndagijimana will today present the national budget for the fiscal year 2023/2024 to the parliament. All regional countries under the East African Community bloc are expected to announce their budgets. Looking at the face of the Budget Framework Paper (BFP) and medium-term budget estimates for 2023/24-2025/26 the […]
Equity Bank Group Buys 90% Stake in Local Lender Cogebanque
Equity Group Holdings Plc – the region’s financial giant, has acquired a controlling stake in Rwanda’s local Bank – Compagnie Générale De Banque Plc (Cogebanque). According to a notice shared by Equity Group, the deal will see the regional bank acquire a controlling stake at RWF54.68 billion ($47.75 million). The lender, which tops the profitability […]
EAC Rolls Out Campaign to Grow Agri-Export Trade
The East African Community (EAC) has launched a campaign aimed at creating awareness on agri-export trade opportunities that have been created through the EU-EAC Market Access Upgrade Programme (MARKUP). Through the campaign, small and medium-sized enterprises (SMEs) in the agricultural value chain, co-operatives and farmers, as well as government entities in the EAC will access […]