Press Releases

Press Releases

11.09.2017 Rwanda 'B/B' Ratings Affirmed; Outlook Stable

On Sept. 8, 2017, S&P Global Ratings affirmed its 'B/B' long- and short-term foreign and local currency sovereign credit ratings on the Republic of Rwanda. The outlook is stable.S&P Global ratings cites Rwanda's moderate...[more]

19.07.2017 National Employment Program receive Frw 6.2 billion to boost job creation

Kigali July 19, 2017: The Government of Rwanda and Sweden today signed financing agreement worth US$ 7.4 million (approximately Frw 6.2 billion) to support National Employment Program. The 2 year grant support will put emphasis...[more]

18.07.2017 Government and World Bank sign agreement to expand acquisition of quality skills

Kigali July 17, 2017: The Government of Rwanda and the World Bank today signed a US$ 120 million (approximately Frw 99 billion) to support the expansion of opportunities for the acquisition of quality, market-relevant skills in...[more]

07.07.2017 Rwanda and UK/DFID sign Development Partnership Agreement for 2 years.

The Government of Rwanda and the United Kingdom through the Department for International Development (DFID) today signed a Development Partnership Agreement for 2 years with £64 million (approx. Frw 69 billion) for the Fiscal...[more]

07.07.2017 Rwanda-World Bank Sign Agreement to Increase Access to Electricity through Off -grid Renewable Energy.

Kigali July 7, 2017: Minister of Finance and Economic Panning, Claver Gatete and World Bank Country Manager for Rwanda, Yasser El Gammal today   signed a $50 million Scaling-Up Energy Renewable Program (SREP) financing...[more]

06.07.2017 Economy grew by Frw 224 Billion in first 3 months of 2017

The Government is confident that the country will achieve the projected 6.2% growth target by the end of the year despite a slow start in the first quarter. According to GDP quarterly report released by National Institute of...[more]

05.07.2017 Rwanda and Congo Brazzaville to strengthen cooperation

Rwanda and Congo Brazzaville on Sunday signed an agreement establishing a framework under which the two countries can cooperate in various areas of interest. The areas include statistics, planning, investment, public financial...[more]

01.07.2017 Minister Gatete elected chair of Afrexim Bank Annual General Meeting of shareholders for the year 2017-18

The Minister of finance and Economic Planning Claver Gatete was today elected chair of  Afrexim Bank Annual General Meeting of shareholders for the year 2017-18. The event took place during a closed door session where the...[more]

01.07.2017 15% intra-Africa trade unacceptably low-President Kagame

President Paul Kagame has said that the current 15% rate of intra-Africa trade was unacceptably low. President Kagame was speaking at the closing of the Afreximbank Annual General Meeting today at the Kigali Convention...[more]

29.06.2017 Trade experts call for increased intra-African trade

Trade experts call for increased intra-African trade The 24th African Export-Import Bank (Afreximbank) Annual General Meeting opened in Kigali today with a call to expand intra-African trade. Held under the backdrop of...[more]

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