The U.S. national debt has surpassed 40 trillion dollars for the first time in history, according to data released by the Treasury Department on Wednesday.

The Government of Rwanda, through the Ministry of Finance and Economic Planning (MINECOFIN), and the European Union have signed a EUR 40 million (approximately Rwf 67 billion) Financing Agreement to support Rwanda’s efforts to transform the agriculture sector into a modern, inclusive, and climate-resilient sector.

Former British Prime Minister Tony Blair met with President Paul Kagame in Kigali last week for discussions on the next phase of Rwanda’s transformation agenda and ways to further strengthen cooperation in support of the country’s development priorities.

The Chief of Defence Forces of the Uganda People's Defence Forces (UPDF) and Senior Presidential Advisor on Special Operations, Gen Muhoozi Kainerugaba, toured several landmark development projects in Kigali as part of his official visit to Rwanda.

Africa will play a key role in the future global economic order as the global economic order moves toward multipolarity, Kevin Chika Urama, chief economist and vice president of the African Development Bank Group (AfDB), has said.

Rwanda has registered private sector investment projects worth nearly $8 billion since 2024, with the investments expected to create more than 118,000 jobs, Prime Minister Dr Justin Nsengiyumva has revealed.

Rwanda spent more than Rwf 47.7 billion on transport subsidies between March and June 2026 as part of measures to cushion citizens and businesses from the impact of rising global fuel prices, Prime Minister Dr. Justin Nsengiyumva has said.

The initial agreement to halt hostilities between the United States and Iran, signed on June 17, has raised hopes of easing pressure on global energy markets, after tensions in the Middle East disrupted the vital Strait of Hormuz, a key route for global oil shipments.

The World Bank on Thursday lowered its global growth forecast to 2.5 percent for 2026, down from 2.9 percent in 2025, marking the lowest rate since late 2019.

The Government of Rwanda has presented a Rwf 7,796.3 billion Budget Framework Paper for the 2026/27 fiscal year, setting out a medium-term financial plan that places strong emphasis on infrastructure development, economic expansion, and fiscal stability.

The State Minister in Rwanda’s Ministry of Infrastructure, Jean de Dieu Uwihanganye has said that the number of passengers using public buses increased by 10,000 within a single week after the introduction of dedicated bus lanes in Kigali.

The United Nations on Thursday proposed the first global blueprint for how countries can assess progress that complements gross domestic product (GDP).

With nearly 300 million people facing food insecurity in Africa, it is imperative to implement continental programs and accelerate actions towards eliminating hunger and malnutrition, a senior African Union (AU) official said Tuesday.

Senior Chinese officials on Friday elaborated on the country's policy mix for this year, aimed at ensuring resilient economic growth, fostering innovation-driven new engines, and promoting balanced trade to share more market opportunities with the rest of the world.

The Government of Rwanda is continuing its efforts to provide affordable housing and promote modern urban development as part of the 2025/26 national budget. In total, 4,783 new homes are planned across the country, aimed at improving living conditions and supporting Rwanda’s urbanisation goals.

Older banknotes of Rwf 500 , Rwf 1,000, Rwf2,000 and Rwf 5,000 that were issued between 2004 and 2015 will soon be withdrawn from circulation in Rwanda, following a new presidential order published late February.

The Lower Chamber of Parliament, has unanimously approved the revised budget for the 2025/2026 fiscal year, which has been reduced by 80.4 billion Rwandan Francs (Rwf) compared to the previously approved budget, bringing the total to Rwf 6.952 trillion.

The U.S. Customs and Border Protection (CBP) will halt collection of additional duties pursuant to the International Emergency Economic Powers Act (IEEPA) starting Tuesday, following a ruling by the U.S. Supreme Court on Feb. 20.

European Union (EU) foreign ministers failed on Monday to reach an agreement on the 20th package of sanctions against Russia, EU foreign policy chief Kaja Kallas said, after Hungary refused to back the measures ahead of the fourth anniversary of Russian-Ukraine conflict.

Rwanda is set to spend more than Rwf 513 billion on key infrastructure projects during the 2025/2026 fiscal year, according to a performance report from the Ministry of Infrastructure. The funding will support the construction and rehabilitation of roads and other strategic facilities across the country. The government recently indicated that the national budget approved […]