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11.08.2019 S&P Global Upgrades Rwanda’s rating to 'B+' On Strong Economic Prospects; Outlook Stable

August 9, 2019: Standard and Poor’s (S&P) Global Ratings raised its long-term sovereign credit rating on Rwanda to 'B+' from 'B'. The outlook is stable. At the same time, it affirmed its short-term sovereign credit rating at...[more]

05.08.2019 Factual correction on an article published in The Atlantic

On August 3, 2019, Stephen Paduano published an article in The Atlantic (“China’s Investments in Rwanda Raise Familiar Questions About Debt”) in which he describes Chinese investments in Africa as a ‘Chinese debt trap’....[more]

01.08.2019 The Government of Rwanda, World Bank Sign US $200 Million to support Human Capital Development

Kigali, August 1, 2018 - The Government of Rwanda and the World Bank today signed a US $200 million (Approximately Frw 180 Billion) credit financing agreement to support Rwanda’s quality basic education for the human capital...[more]

28.06.2019 Research and Institutional Advancement receive Frw 31.5 billion financing

Kigali, June 28, 2019:  The Government of Rwanda, Sweden, and University of Rwanda today signed SEK 330 million (approximately Frw 31.5 billion) to boost research and use of scientific knowledge.Under the “University of...[more]

24.06.2019 Rwanda and China Exim Bank discuss potential areas of cooperation

Beijing, June 24, 2019: The Minister of Finance and Economic Planning Dr. Uzziel Ndagijimana today met and held talks with the chairman of China Export Import Bank Ms. Hu Xiaolian. The discussion focused on ongoing and future...[more]

21.06.2019 French Development Agency to strengthen cooperation ties with Rwanda

The Director General of the French Development Agency (AFD) Remy Rioux who is on a two-day visit to Rwanda yesterday met with the Minister of State in charge of Economic Planning Dr. Claudine Uwera where they discussed areas of...[more]

18.06.2019 Government of Rwanda and China sign US$ 42.8 million grant support

Kigali, June 18, 2019: The Government of Rwanda and the People’s Republic of China today signed a grant agreement worth US 42.8 million (approximately Frw 38 billion) that will among others, finance the expansion and...[more]

18.06.2019 Rwanda’s Government receives EUR 9.3 million support for the Justice sector

Kigali June 18, 2019: The Government of Rwanda and the Embassy of the Kingdom of the Netherlands today signed a financing agreement worth Euros 9.3 million (approximately Frw 9.2 billion) grant agreement to support the justice...[more]

18.06.2019 Economy grew by 8.4% in first Quarter of 2019

Kigali, June 17, 2019: Rwanda economy registered 8.4% growth in the first quarter of 2019 according to figures released by the National Institute of Statistics of Rwanda yesterday. In the first quarter services sector grew by...[more]

13.06.2019 The 2019-20 National Budget to focus on NST-1 Strategic Objectives

The 2019-20 National Budget to focus on NST-1 Strategic Objectives Kigali, June 13, 2019: Government plans to spend Frw 2,876.9 billion in the 2019/2020 Fiscal year, an increase of Frw 291.8 billion compared to Frw 2,585.1...[more]

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