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World Bank lowers 2026 global growth forecast to 2.5 pct
6 days agoEconomy
World Bank lowers 2026 global growth forecast to 2.5 pct
May 11, 2026Economy
Govt presents Rwf 7,796.3 billion budget framework amid strong economic growth outlook
May 9, 2026Economy
Dedicated bus lanes attract 10,000 more passengers in one week
May 8, 2026Economy
UN proposes new global dashboard to measure progress beyond GDP
Mar 11, 2026Economy
AU official calls for accelerated actions to end hunger in Africa
Mar 9, 2026Business
China details 2026 policy mix to bolster growth and innovation, share opportunities with world
Mar 8, 2026Economy
Nearly 5,000 affordable homes to be built: A look at Rwanda's key housing projects for 2025/26
Other Economy News
Rwanda sets deadline to end use of older banknotes
Mar 6, 2026Business
Rwanda sets deadline to end use of older banknotes

Older banknotes of Rwf 500 , Rwf 1,000, Rwf2,000 and Rwf 5,000 that were issued between 2004 and 2015 will soon be withdrawn from circulation in Rwanda, following a new presidential order published late February.

Parliament approves revised 2025/2026 budget
Feb 26, 2026Economy
Parliament approves revised 2025/2026 budget

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.

U.S. to stop collecting duties following Supreme Court ruling
Feb 24, 2026Economy
U.S. to stop collecting duties following Supreme Court ruling

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.

EU fails to agree new Russia sanctions as Hungary blocks: Kallas
Feb 24, 2026Economy
EU fails to agree new Russia sanctions as Hungary blocks: Kallas

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 to invest over Rwf 500 billion in key infrastructure projects in 2025/26
Feb 20, 2026Economy
Rwanda to invest over Rwf 500 billion in key infrastructure projects in 2025/26

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 […]

How the revised 2025/26 budget redistributes public funds
Feb 19, 2026Economy
How the revised 2025/26 budget redistributes public funds

The plenary of the Senate of Rwanda has endorsed its recommendations on the revised 2025/2026 national budget bill, which has been reduced by Rwf 80.4 billion. Despite the overall cut, allocations for social welfare have increased, placing citizens’ well-being at the center of the revised spending plan.

Rwanda’s foreign direct investment surges to $1.09 billion
Feb 18, 2026Economy
Rwanda's foreign direct investment surges to $1.09 billion

Foreign direct investment in Rwanda reached $1.09 billion (over Rwf 1.5 trillion) in 2024, up from $886.9 million recorded in 2023, according to a new report by the National Institute of Statistics of Rwanda released on February 17, 2026.

65% of Rwanda’s 2025/26 budget spent as priority projects gain ground
Feb 17, 2026Economy
65% of Rwanda’s 2025/26 budget spent as priority projects gain ground

Rwanda's government has reported significant progress in implementing the national budget for the 2025/26 fiscal year, with 65% already executed by early February 2026. This strong pace positions the country to fully utilize its resources by the end of June, even as officials pursue a modest revision to refine priorities.

Global central banks cautious on AI
Nov 26, 2025Economy
Global central banks cautious on AI

A new survey by the Official Monetary and Financial Institutions Forum reveals that most of the world’s central banks remain cautious about embedding artificial intelligence (AI) into core operations, and overwhelmingly avoid investing in digital assets.

Safety, inclusion, and transparency top the chart as RGB unveils 12th Governance Scorecard
Oct 31, 2025Economy
Safety, inclusion, and transparency top the chart as RGB unveils 12th Governance Scorecard

Rwanda continues to demonstrate strong and resilient governance performance, with Safety, Inclusion, and Transparency emerging as the country’s best-performing pillars in the newly released 12th Rwanda Governance Scorecard (RGS).

How new industrial projects will shape Rwanda’s 2025/26 economy
Oct 22, 2025Economy
How new industrial projects will shape Rwanda’s 2025/26 economy

These include a new iron and steel processing plant, a lithium and tantalum refinery, and expanded petroleum storage facilities. These projects are highlighted in the annual economic performance report released by the Ministry of Trade and Industry (MINICOM). Export targets and industrial growth According to MINICOM, Rwanda aims to increase its total export value to […]

Rwanda’s consumer prices rise by 7.3 percent in September
Oct 10, 2025Economy
Rwanda’s consumer prices rise by 7.3 percent in September

The National Institute of Statistics of Rwanda (NISR) has reported that the country’s Consumer Price Index (CPI), the main gauge of inflation rose by 7.3 percent year-on-year in September 2025, up from 7.1 percent recorded in August 2025.

Rwanda secures $45 million from BADEA to boost water security and private sector growth
Oct 8, 2025Economy
Rwanda secures $45 million from BADEA to boost water security and private sector growth

The Government of Rwanda , on October 8, 2025, signed two financing agreements with the Arab Bank for Economic Development in Africa (BADEA) totaling US $45 million (over Frw 65 billion) to advance national development goals.

How Rwanda plans to achieve a 50% rise in farming output by 2029
Oct 2, 2025Economy
How Rwanda plans to achieve a 50% rise in farming output by 2029

Rwanda aims to increase agricultural and livestock production by 50% by 2029, a move designed to strengthen food security and accelerate economic growth. The government has outlined a series of strategies to achieve this ambitious target, focusing on technology adoption, investment, and farmer support.

Rwanda’s economy grows by 7.8% in second quarter of 2025
Sep 18, 2025Economy
Rwanda’s economy grows by 7.8% in second quarter of 2025

Rwanda’s economy grew by 7.8% in the second quarter of 2025, up from 6.5% in the first quarter, according to the latest data from the National Institute of Statistics of Rwanda (NISR).

Rwanda’s consumer prices increased by 7.1% in August
Sep 10, 2025Economy
Rwanda’s consumer prices increased by 7.1% in August

Rwanda’s Consumer Price Index (CPI), the main measure of inflation, rose by 7.1 percent in August 2025 compared to the same period last year, according to new figures released by the National Institute of Statistics of Rwanda (NISR).

Rwanda’s central bank raises policy rate to 6.75% as inflation outlook is revised
Aug 21, 2025Economy
Rwanda’s central bank raises policy rate to 6.75% as inflation outlook is revised

The National Bank of Rwanda (BNR) has raised its Central Bank Rate (CBR) by 25 basis points to 6.75 per cent, in a move aimed at keeping inflation within target while safeguarding macroeconomic stability.

Rwanda’s Central Bank advances to next phase of digital currency project
Aug 2, 2025Economy
Rwanda’s Central Bank advances to next phase of digital currency project

The National Bank of Rwanda (BNR) has taken a major step toward the introduction of a Central Bank Digital Currency (CBDC), as the country moves steadily toward a more modern, inclusive financial system. The project, which began in 2023 with a feasibility study, has now entered the proof-of-concept (PoC) phase, testing the digital currency on a small scale and gathering feedback from stakeholders in the financial sector.

Rwanda’s trade hits nearly $2 billion in first quarter of 2025
Jul 22, 2025Economy
Rwanda’s trade hits nearly $2 billion in first quarter of 2025

The National Institute of Statistics of Rwanda (NISR) has revealed that Rwanda's trade with international markets reached a total value of $1.995 billion in the first quarter of 2025.

Trust and competition fuel Rwanda’s value chain growth, says Kagame’s advisor
Jul 6, 2025Economy
Trust and competition fuel Rwanda’s value chain growth, says Kagame’s advisor

Michael Fairbanks, a longtime advisor to President Paul Kagame, has credited Rwanda’s thriving value chains to a culture of accountability, innovation, and mutual trust, qualities he says set the country apart from other emerging markets.

Popular In Economy
Rwanda sets deadline to end use of older banknotes
Rwanda sets deadline to end use of older banknotes
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Feb 26, 2026Economy
Parliament approves revised 2025/2026 budget
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Feb 24, 2026Economy
U.S. to stop collecting duties following Supreme Court ruling
04
Feb 24, 2026Economy
EU fails to agree new Russia sanctions as Hungary blocks: Kallas
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Feb 20, 2026Economy
Rwanda to invest over Rwf 500 billion in key infrastructure projects in 2025/26
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