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Airtel Rwanda partners with ZTE to expand smartphone accessibility
Jun 16, 2026Business
Airtel Rwanda partners with ZTE to expand smartphone accessibility
Jun 16, 2026Business
Kagame challenges investors to see Africa as “a strategic lever, not a risk”
Jun 15, 2026Business
EVP Charger to expand Rwanda’s EV charging network with 55 new stations
Jun 14, 2026Business
Inside Rwanda's spending priorities in new Rwf 7.8 trillion budget
Jun 13, 2026Business
RwandAir wins Best Cabin Service in Africa at the 2026 APEX Awards
Jun 12, 2026Business
Elon Musk becomes world’s first trillionaire after SpaceX IPO listing
Jun 11, 2026Business
BasiGo Rwanda to invest $10 million in more electric buses and charging infrastructure
Other Business News
Rwanda earmarks 63% of Rwf 7.8 trillion budget for economic transformation
Jun 11, 2026Business
Rwanda earmarks 63% of Rwf 7.8 trillion budget for economic transformation

Rwanda has allocated 63% of its proposed Rwf 7.8 trillion national budget for the 2026/27 fiscal year to economic transformation, reflecting a continued push to accelerate growth, job creation, and structural development.

Rwanda earns over Rwf 18 billion from agricultural exports in five days
Jun 11, 2026Business
Rwanda earns over Rwf 18 billion from agricultural exports in five days

The National Agricultural Export Development Board (NAEB) has announced that Rwanda earned more than Rwf 18 billion from agricultural exports between June 1 and June 5, 2026.

Youth urged to tap capital markets for savings and investment
Jun 11, 2026Business
Youth urged to tap capital markets for savings and investment

Rwanda’s capital market has renewed its drive to encourage young people to save and invest through the capital market, as part of efforts to build a stronger investment culture and widen access to long-term finance.

Shelter Afrique rebrands as it steps up efforts to close Africa’s 53 million housing gap
Jun 10, 2026Business
Shelter Afrique rebrands as it steps up efforts to close Africa’s 53 million housing gap

Shelter Afrique Development Bank (ShafDB) has unveiled its new brand identity as it accelerates its transition into a fully-fledged Multilateral Development Bank (MDB), positioning itself to play a larger role in addressing Africa’s estimated 53 million housing deficit.

Rwanda’s inflation rises to 12.9% in May
Jun 10, 2026Business
Rwanda's inflation rises to 12.9% in May

Rwanda's inflation rose to 12.9 percent in May 2026, driven by sharp increases in transport, housing, energy and health-related costs, according to the latest Consumer Price Index (CPI) report released by the National Institute of Statistics of Rwanda (NISR).

Kagame hosts Panama YPO delegation for economic partnership talks
Jun 10, 2026Business
Kagame hosts Panama YPO delegation for economic partnership talks

President Paul Kagame on Tuesday received a delegation of 19 members of the Young Presidents' Organization (YPO) and their spouses at Urugwiro Village, where discussions focused on Rwanda's economic transformation, entrepreneurship, and opportunities for business collaboration with Panama.

Fuel costs surged fivefold to $1,650 per tonne: Why BPR is engaging industry players on supply challenges
Jun 9, 2026Business
Fuel costs surged fivefold to $1,650 per tonne: Why BPR is engaging industry players on supply challenges

BPR Bank Rwanda PLC has launched a new initiative dubbed the “BPR Power Talk Series,” aimed at bringing together clients from different sectors of the economy to discuss challenges affecting their industries and explore ways the bank can support solutions.

Rwanda’s proposed 2026/27 budget rises 12% to Rwf 7.8 trillion
Jun 9, 2026Business
Rwanda’s proposed 2026/27 budget rises 12% to Rwf 7.8 trillion

Rwanda's Cabinet has approved a draft law determining State finances for the 2026/27 fiscal year, endorsing a national budget of Rwf 7.8 trillion, a 12 percent increase from the previous year's revised budget.

IMF approves $250 million credit facility for Rwanda
Jun 9, 2026Business
IMF approves $250 million credit facility for Rwanda

The International Monetary Fund (IMF) has approved a new financing package worth approximately $250 million (Rwf 365 billion) for Rwanda under its Extended Credit Facility (ECF), providing a boost to the country’s efforts to maintain economic stability amid growing global uncertainties.

How Rwanda central bank policy rate is used to manage inflation
Jun 8, 2026Business
How Rwanda central bank policy rate is used to manage inflation

The National Bank of Rwanda (BNR) recently raised its key policy rate from 7.25% to 8.25% as part of ongoing efforts to contain rising inflation, which has remained above the central bank’s target range of 2%–8% and reached 13% in April 2026.

Officials disclose how Rwanda’s diesel consumption nearly doubled as foreign buyers sought cheaper fuel
Jun 8, 2026Business
Officials disclose how Rwanda's diesel consumption nearly doubled as foreign buyers sought cheaper fuel

Rwanda's daily diesel consumption nearly doubled at the height of recent fuel price shocks as buyers from neighbouring countries crossed into the country to purchase subsidised fuel, according to government officials.

EAC adopts new measures to boost regional trade and industrialisation
Jun 7, 2026Business
EAC adopts new measures to boost regional trade and industrialisation

Ministers from East African Community (EAC) member states have adopted a series of measures aimed at strengthening regional trade, accelerating industrialization, and improving the competitiveness of East African economies.

Focus on productivity, wage increases will follow naturally – PM Nsengiyumva on minimum wage debate
Jun 7, 2026Business
Focus on productivity, wage increases will follow naturally – PM Nsengiyumva on minimum wage debate

Prime Minister Dr. Justin Nsengiyumva has said that discussions on the minimum wage should not be the primary focus, arguing instead that raising productivity is the sustainable path to higher incomes, as employers are more likely to increase wages when output improves.

Diesel price rises by Rwf722 in Rwanda
Jun 6, 2026Business
Diesel price rises by Rwf722 in Rwanda

The Rwanda Utilities Regulatory Authority (RURA) has announced new fuel prices, with the price of diesel increasing significantly while petrol remains unchanged.

BasiGo Rwanda to expand electric bus fleet for intercity transport
Jun 4, 2026Business
BasiGo Rwanda to expand electric bus fleet for intercity transport

BasiGo Rwanda is set to expand its electric mobility operations with the introduction of 18 new electric buses that will serve passengers across several provinces, as the company seeks to reduce dependence on fossil fuels and support the country's environmental sustainability goals.

Akagera Motors unveils Mahindra XUV 3XO in Rwanda’s compact SUV market shift
Jun 4, 2026Business
Akagera Motors unveils Mahindra XUV 3XO in Rwanda’s compact SUV market shift

Akagera Motors, part of the Akagera Business Group (ABG), on Tuesday unveiled the all-new Mahindra XUV 3XO at its showroom in Kicukiro, marking a major shift for the Indian automotive brand as it enters Rwanda’s growing compact SUV segment.

RRA orders clearance of fuel stored beyond permitted period
Jun 3, 2026Business
RRA orders clearance of fuel stored beyond permitted period

The Rwanda Revenue Authority (RRA) has directed owners of petroleum products that have remained in bonded warehouses for more than six months to declare and clear them within 30 days, warning that failure to comply could result in the fuel being seized and sold by customs authorities.

Rwanda’s horticulture exporters reel from Middle East conflict disruptions
Jun 2, 2026Business
Rwanda’s horticulture exporters reel from Middle East conflict disruptions

More than three months after the conflict involving the United States, Israel, and Iran began, Rwandan exporters of fruits and vegetables are counting significant losses as disruptions to air travel and global trade affected access to key markets in the Middle East.

Spiro raises $215M in equity to scale electric mobility and energy infrastructure across Africa
Jun 1, 2026Business
Spiro raises $215M in equity to scale electric mobility and energy infrastructure across Africa

Spiro, Africa’s largest electric mobility company, has announced a $215M investment round to accelerate the deployment of its electric mobility and battery-swapping infrastructure across Africa.

PayPal confirms Rwanda among 27 African markets for PYUSD stablecoin launch
Jun 1, 2026Business
PayPal confirms Rwanda among 27 African markets for PYUSD stablecoin launch

Global digital payments company PayPal has confirmed that Rwanda is among 27 African markets included in the latest expansion of its dollar-backed stablecoin, PayPal USD (PYUSD), allowing users in these regions to hold, send, and receive the digital asset directly from their accounts.

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Rwanda earmarks 63% of Rwf 7.8 trillion budget for economic transformation
Rwanda earmarks 63% of Rwf 7.8 trillion budget for economic transformation
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Jun 11, 2026Business
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Shelter Afrique rebrands as it steps up efforts to close Africa’s 53 million housing gap
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Rwanda's inflation rises to 12.9% in May
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