The Government of Rwanda has unveiled a plan to increase agricultural and livestock production by 50% by 2029, aiming to achieve full food self-sufficiency while driving national economic growth. Prime Minister Dr. Justin Nsengiyumva, outlining the government’s priorities earlier this week, said the target will be achieved through increased investment in modern farming methods, expanded […]
Rwanda tops Africa’s fastest-growing economies in 2025 with 8.9% GDP surge
Africa is quickly asserting itself as one of the most dynamic regions in the global economy, and Rwanda has emerged at the helm of this transformation. According to new World Bank figures, Rwanda recorded a remarkable 8.9 percent GDP growth in 2024, the fastest rate on the continent. This positions the country as a model […]
Rwanda ships first direct Tungsten supply to the US
The first-ever direct shipment of Rwandan tungsten arrived in Pennsylvania. The delivery, made by Trinity Metals, reached Global Tungsten and Powders (GTP) on Tuesday, September 30, 2025. The Embassy of Rwanda in Washington confirmed the arrival, describing the development as a turning point for Rwanda’s position in global supply chains. “This direct Rwanda-US shipment of […]
Visit Rwanda expands global footprint with NBA and NFL sponsorships
Visit Rwanda, the tourism brand of the Rwanda Development Board, has announced long-term sponsorships with two of Los Angeles’ most prominent professional sports franchises, the LA Clippers of the NBA and the Los Angeles Rams of the NFL. For the first time, an African tourism brand has secured sponsorship agreements across both leagues, signaling a […]
Festival of cooling: Rwanda leads global effort to turn food loss and health risks into opportunities
As Rwanda prepares to host the festival of cooling from slated between October 6 and10, 2025, the conversation goes far beyond air conditioners and refrigerators. This gathering, the first of its kind worldwide, positions Kigali at the center of a debate that is both urgent and transformative, providing solutions on how sustainable cooling can reshape […]
Rwanda to host global forum on AI
Artificial intelligence is set to dominate discussions at the 2025 Afreximbank Compliance Forum (ACF2025), scheduled to take place from November 12 to 14 in Kigali, Rwanda. The gathering, organized by the African Export-Import Bank (Afreximbank) in partnership with the National Bank of Rwanda (BNR), will spotlight the transformative role of AI in strengthening Africa’s financial […]
Inflation under control – Rwanda’s balancing act in a volatile world
Delivering the Monetary Policy and Financial Stability Statement (MPFSS) today, Governor Soraya Hakuziyaremye announced that inflation in Rwanda has eased to 7.1% in August 2025, staying within the Central Bank’s target band. The achievement comes as many developing economies struggle with double-digit inflation, highlighting Rwanda’s careful balancing of growth and price stability. According to Hakuziyaremye, […]
Rwanda defies global slowdown – A lesson for emerging markets
Presenting the Monetary Policy and Financial Stability Statement (MPFSS) today, Governor Soraya Hakuziyaremye of the National Bank of Rwanda (BNR) revealed that Rwanda’s economy continues to expand strongly, recording 7.2% growth in the first half of 2025. The update came as the world economy shows signs of cooling, with global growth projected at just 3.0% […]
Rwanda’s External Trade Contracts Sharply in Q2 2025
Rwanda’s formal external trade shrank notably in the second quarter of 2025, as both exports and imports dropped against the backdrop of slowing global demand and tighter domestic conditions, according to the latest data from the National Institute of Statistics of Rwanda (NISR). The quarterly report shows that the total value of formal external trade […]
CMA advances with legal reforms, innovation, and investor education
Rwanda’s capital market registered significant progress in 2025, with reforms and initiatives aimed at strengthening regulation, building investor confidence, and expanding access to finance. The year’s achievements, led by the Capital Market Authority (CMA) under the leadership of Chief Executive Officer Thapelo Tsheole, positioned Rwanda as an emerging hub for innovative and well-regulated financial markets. […]