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THE MOST IMPORTANT WORLD NEWS AND EVENTS OF THE DAY

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4 hours agoBusiness
BasiGo Rwanda to expand electric bus fleet for intercity transport
5 hours agoBusiness
Akagera Motors unveils Mahindra XUV 3XO in Rwanda’s compact SUV market shift
1 day agoBusiness
RRA orders clearance of fuel stored beyond permitted period
2 days agoBusiness
Rwanda’s horticulture exporters reel from Middle East conflict disruptions
2 days agoBusiness
Spiro raises $215M in equity to scale electric mobility and energy infrastructure across Africa
3 days agoBusiness
PayPal confirms Rwanda among 27 African markets for PYUSD stablecoin launch
3 days agoBusiness
SKOL Malt launches “Fly to the Home of Champions” football promo
Other Business News
3 days agoBusiness
Rwanda deepens international cooperation as nuclear energy plans progress

Rwanda is expanding its network of international partnerships to advance its civil nuclear energy ambitions, with the government saying cooperation with a range of global partners will be key to achieving its long-term goal of introducing nuclear power in the early 2030s.

5 days agoBusiness
RwandAir to resume Middle East flights

RwandAir has announced it will gradually resume flights to Dubai and Doha starting June 1, 2026, marking a phased return to two key Middle East destinations that were suspended earlier this year due to regional security concerns.

6 days agoBusiness
Rwanda could host Dongfeng vehicle assembly plant by 2030

The management of Longtai Group Rwanda, a company that distributes Chinese-made vehicles, has announced plans to establish a Dongfeng vehicle assembly plant in Kigali before 2030.

6 days agoBusiness
How a rider’s surprise meeting with Spiro founder sparked his dream of owning an electric bike

A motorcycle rider identified as Marc Niyibizi received a brand-new SPIRO M2 electric motorcycle valued at Rwf 1,075,000 from SPIRO Chairman Gagan Gupta during a handover ceremony held on May 28, 2026.

May 27, 2026Business
Rwanda, Boeing discuss opportunities to support regional connectivity and growth ambitions

The Government of Rwanda has held discussions with Boeing on opportunities to strengthen aviation, logistics, and regional connectivity as part of the country’s broader growth ambitions.

May 26, 2026Business
Travel agents in Rwanda feel the squeeze as global airfares surge

The impact of the conflict involving Iran and the United States is increasingly being felt far beyond the Middle East, with rising fuel prices disrupting transport and trade activities across different parts of the world, including Rwanda.

May 25, 2026Business
S&P affirms Rwanda’s ‘B+/B’ credit rating with stable outlook

American credit rating agency, S&P Global Ratings, has affirmed Rwanda’s sovereign credit rating at ‘B+/B’ with a stable outlook, citing the country’s resilient economic growth, prudent fiscal management, and continued investment in strategic infrastructure despite ongoing global and regional economic pressures.

May 25, 2026Business
Crude oil futures drop 5% on U.S.-Iran deal prospect

Crude oil futures prices lost around 5 percent late Sunday as trading started for the new week due to reported progress in peace talks between the United States and Iran.

May 24, 2026Business
I&M Bank Rwanda posts Rwf 6.4 billion profit in first quarter of 2026

I&M Bank (Rwanda) PLC has recorded a net profit of Rwf 6.4 billion in the first quarter of 2026, representing an 18% year-on-year growth.

May 22, 2026Business
AfCFTA secretariat, Ecobank Group sign landmark MoU to accelerate intra-African trade and empower SMEs

The African Continental Free Trade Area (AfCFTA) Secretariat and Ecobank Group have signed a Memorandum of Understanding (MoU) aimed at deepening economic integration across the continent and closing the trade finance gap.

May 22, 2026Business
Rwanda’s daily milk production rises to nearly 3 million litres

Rwanda now produces close to three million litres of milk per day, according to figures from the Ministry of Agriculture and Animal Resources (MINAGRI), reflecting significant growth driven by livestock development programmes, particularly the Girinka “one cow per family” initiative.

May 22, 2026Business
Rwanda launches pilot electric bus service for Kigali airport passengers

The public transport operator Ecofleet Solutions, in partnership with the Civil Aviation authority responsible for airport operations, has launched a pilot bus service for passengers travelling to and from Kigali International Airport.

May 22, 2026Business
African trade officials call for harmonized protocols on competition under AfCFTA

Some leading African trade officials have called for harmonized competition protocols to ensure fairness in trade under the African Continental Free Trade Area (AfCFTA).

May 21, 2026Business
Hong Kong woos Rwandan, regional firms with tax incentives and Asia connectivity (Video)

Hong Kong, one of China’s two Special Administrative Regions, is stepping up efforts to position itself as a strategic bridge between Africa and Asia, using a combination of tax incentives, innovation policy, and financial connectivity to attract Rwandan and wider African enterprises seeking expansion into Asian markets.

May 20, 2026Business
UN report revises down global GDP growth to 2.5 pct for 2026 due to Mideast crisis

The global economy is under stress due to the crisis in the Middle East, which is slowing growth, reigniting inflationary pressures and heightening uncertainty across financial markets, according to the World Economic Situation and Prospects 2026 Mid-year Update, released Tuesday by the United Nations.

May 19, 2026Business
Shelter Afrique Development Bank, IFC partner to boost affordable housing across Africa

Shelter Afrique Development Bank and International Finance Corporation have signed a Memorandum of Understanding (MoU) aimed at expanding affordable housing, strengthening urban development, and mobilising private capital for sustainable housing projects across Africa.

May 19, 2026Business
Rwanda and U.S. firm Holtec International sign nuclear energy deal

The Rwanda Atomic Energy Board (RAEB) and US-based firm Holtec International have signed a Comprehensive Development Agreement to advance the deployment of Holtec’s SMR-300 small modular nuclear reactors in Rwanda, marking a significant step in the country’s push toward nuclear energy development.

May 19, 2026Business
Rwanda, Tanzania sign energy cooperation deal

The Governments of Rwanda and Tanzania have signed an Intergovernmental Memorandum of Understanding (MoU) on energy cooperation, marking a new step in strengthening bilateral ties in the energy sector.

May 18, 2026Business
Qatar Airways to restart two Kigali flights in June

Qatar Airways has announced that it will restart two weekly flights to Kigali International Airport (KGL) from June 16, 2026, strengthening connectivity between Rwanda and Doha through Hamad International Airport ahead of the busy summer travel season.

May 18, 2026Business
Dispute with landlord, crowdfunding and the vision that refused to die: Kweza brewery boss speaks out (Video)

A legal dispute, months of halted production, and a last-minute crowdfunding drive have tested the survival of Kweza Craft Brewery, Rwanda’s pioneering women-led sorghum beer producer, but its Managing Director says the company’s long-term vision remains intact.

Popular In Business
Rwanda deepens international cooperation as nuclear energy plans progress
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5 days agoBusiness
RwandAir to resume Middle East flights
03
6 days agoBusiness
Rwanda could host Dongfeng vehicle assembly plant by 2030
04
6 days agoBusiness
How a rider’s surprise meeting with Spiro founder sparked his dream of owning an electric bike
05
May 27, 2026Business
Rwanda, Boeing discuss opportunities to support regional connectivity and growth ambitions
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