KIGALI, Rwanda: New investment and job creation by companies across Rwanda will benefit from EUR 24 million of new financing provided by the European Investment Bank in cooperation with local banks. Details of the two new financing programmes, a EUR 14 million credit line with the Development Bank of Rwanda and a USD 10 million lending programme managed locally by I&M Bank Rwanda, and accompanying technical assistance, were announced in Kigali earlier today (February 20, 2018). Finance contracts were signed in Kigali today by Maria Shaw-Barragan, EIB Director responsible for lending operations outside Europe and senior representatives of the Development Bank of Rwanda and I&M Bank Rwanda. The EU Ambassador to Rwanda, Nicola Bellomo, was also present. The two...
KIGALI, Rwanda: During a high-level visit to Kigali later this week the European Investment Bank is expected to confirm EUR 69 million of new infrastructure and private sector investment in Rwanda. This will include announcement of the EIB’s first public sector investment in the country to support construction of the first public sewage system in Rwanda. Once operational the new sewage network will both transform the urban environment in Kigali and further enhance recognition of Rwanda’s capital as a green city. The European Investment Bank is the world’s largest international public bank owned directly by the 28 EU member states and has operated in Rwanda since 1977. The visit to Kigali marks the start of a new era of EIB support for public sector investment i
KIGALI, Rwanda: The Africa Innovation Summit 2018 (AIS 2018) team in partnership with NEPAD Agency is announcing the meeting of the African Union (AU) High Level Panel on Emerging Technologies (APET) during the #AIS2018. The High Level-APET has been constituted in recognition of the need to harness both existing and emerging technologies for the economic development of Africa. The APET was created to identify and foster appropriate regulation and use of existing and emerging technologies of greatest help to Africa's economic development. Its works are coordinated by the New Partnership for Africa’s Development (NEPAD) Agency and the African Union (AU) Commission and aims to advise the AU on current and emerging technologies that have the potential to transform Afr
KIGALI, Rwanda: The AIS 2018 team is excited to announce its strategic partnership with NEPAD (New Partnership for Africa's Development) for Africa’s transformation in the framework of the second edition of the Africa Innovation Summit to be held in Kigali Conventions Centre, Kigali, Rwanda, from 6 to 8 June 2018. The CEO of NEPAD Agency, Professor Ibrahim Mayaki, confirmed his participation in the AIS 2018 and announced that NEPAD will also seize this opportunity to organise four events: Launch of reports of the AU High-Level Panel on Emerging Technologies. Meeting of the AU High-Level Panel on Emerging technologies. Launch of the African Innovation Outlook 3. Side event of the African Biosafety Network of Experts (ABNE).
KIGALI, Rwanda: The U.S. Embassy is pleased to announce that nominations are now being accepted for the 2018 Rwanda Woman of Courage Award. This annual award recognizes women from around the country who have demonstrated exceptional courage and leadership in advocating for peace, justice, human rights, gender equality, and women’s empowerment in Rwanda. The first U.S. Embassy Rwanda Woman of Courage Award was launched in 2015. The Woman of Courage Award honors women who are making history in Rwanda through their work to better their societies, to fight discrimination or strife, and to help resolve conflicts. Eligible candidates are women working in the political, human rights, economic, social, judicial, health, educational, press/media, peace and national reconci
Addis Ababa, Ethiopia: Uganda's President Yoweri Museveni has congratulated his Rwandan counterpart Paul Kagame upon his election as the new president of the Africa Union (AU). In a bilateral meeting shortly after President Kagame had assumed the seat, President Museveni congratulated the Rwandan leader on the new responsibility and wished him a successful tenure at the helm of the continental body. The news of President Kagame’s election was broken by the African Union Commission chairperson, Moussa Faki Mahamat during the official opening ceremony of the 30th AU Heads of State Summit at the organisation’s headquarters in Addis Ababa, Ethiopia yesterday on Sunday. President Museveni was among the tens of leaders who attended the ceremony, whose running theme is “Winning the fi
Tangiers, Morocco: DAY 3 Results: Libya 3:0 Equatorial Guinea, Nigeria 0:0 Rwanda Day 4 Fixtures Group D: Angola vs Burkina Faso, Cameroon vs Congo Rwanda's Amavubi Stars held the West African giants Nigeria Super Eagles with a goalless draw in the second game of Group C at Grand Stade de Tanger, Tangiers, Morocco in the African Nations Championship (CHAN) on Monday night. This is Rwanda’s second consecutive participation in the CHAN final tournament since hosting it in 2016 where they managed to reach the last eight. Amavubi Midfielders Djihad Bizimana and Yannick Mukunzi were cautioned for reckless display towards their opponents Nigeria, since the Super Eagles were the better side, dominating possession in both halves. Striker Anthony Okpotu had several chanc