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Rwanda
- M23 rebels reportedly at Kavumu, about 40km north of mineral-rich Bukavu area.
- UN experts claim the M23 rebels – one of over 100 militias seeking control in DRC’s east – is receiving support from about 4,000 soldiers from Rwanda.
- According to Kinshasa, Rwandan soldiers are pillaging valuable resources from the mineral-rich eastern zone of DRC.
As M23 rebels continue pushing deeper into the Democratic Republic of Congo (DRC) after capturing the mineral-rich city of Goma, the city of Bukavu, the capital of South Kivu province, is on the verge of falling under their control.
Media reports show that M23 rebels are threatening to march to DRC capital Kinshasa as they push the government of Felix Tshisekedi on the negotiating table to meet their demands. “We will continue the march of liberation all the way to Kinshasa,” announced rebel leader Corneille Nangaa on Thursday, four days after the group confirmed the …
- Rwanda is fighting accusations of backing M23 rebel attacks in Goma, the most strategic city within the mineral-rich eastern DRC.
- Already, the UN and other humanitarian agencies have pulled out non-essential personnel out of Goma.
- Early this week protestors in Kinshasa attacked US, Rwanda, Kenya, Belgian and French embassies, demanding decisive counter against M23 rebels.
The war in Goma has sucked in Rwanda with authorities in Kigali increasingly fighting an avalanche of accusations that the country’s military is invading the Democratic Republic of Congo (DRC) in concert with the M23 rebels. According to reports from both local and international media, “The Rwandan army is lining up at the [DRC] border, ready to invade,” an anonymous source privy to official on the ground told media.
“Large numbers of troops from Rwanda have been pouring across the border into the Democratic Republic of the Congo to help rebels seize the regional capital …
- Rwanda signs investment pact with US comedian Steve Harvey joining a list of countries in Africa tapping Hollywood stars to promote tourism.
- New deal will establish an academic institution in Kigali.
- Steve Harvey to invest in education, health and film in Rwanda.
Tourism in Rwanda is growing and to help speed up the process, the country has signed a deal with a renowned famous American entertainer, Steve Harvey. The move is part of strategies being deployed by African couintries to uniquely market their tourism offering to the world. Kigali’s move follows similar steps taken by Tanzania, which signed a pact with Hollywood star Idris Elba to launch a film studio in Zanzibar, an archipelago in the East African nation.
In Rwanda, the deal was signed at the end of 2024 between the Rwanda Development Board (RDB) and BILT LLC, an American company owned by Steve Harvey. In a media …
- Rwanda will receive two loans amounting to $180 million from the African Development Bank
- The funds will support a major energy project that will extend electricity access to rural areas and reduce greenhouse gas emissions
- It entails the construction of over 1,000 km of medium voltage and 3,300 km of low voltage lines to boost last-mile access
- The project is expected to connect 77,470 households to the electricity network for the first time and connect 75 schools, eight health centres and 65 administration centres
Rwanda will receive two loans amounting to $180 million from the African Development Bank (AfDB) to co-finance a major energy project that will extend electricity access to rural areas and reduce greenhouse gas emissions.
In a statement seen by The Exchange Africa, the AfDB said the new funding follows the approval for $84.2 million made in May 2021 for the same project.
According to the lender, …
- EAC Secretariat Secretary-General Peter Mathuki has hailed the governments of the Republic of Rwanda and the Republic of Uganda for their efforts ahead of the reopening of the Gatuna-Katuna border post
- He said the reopening would strengthen bilateral ties between the two EAC Partner States, which will revitalise social, economic and political relations
- Mathuki added that the border would also promote peace and security across the region
The EAC Secretariat has lauded Rwanda and Uganda for their efforts to reopen the Gatuna-Katuna border post on 31st January 2022.
In a statement seen by The Exchange Africa, EAC Secretary General Peter Mathuki hailed the move terming it as a boost to regional integration.
The move, he added, would strengthen bilateral ties between the two EAC Partner States, which will revitalise social, economic and political relations.
“Reopening this strategic trade route is in line with the EAC Common Market Protocol and will …
- Extracts from Lake Kivu are sustainable as it would take centuries to exhaust the gas already accumulated in the lake.
- Darchambeau says that an explosion of Lake Kivu would present a risk to over two million people in both Rwanda and the Democratic Republic of Congo.
- The Rwandan government made a US$400 million concession agreement with Gasmeth Energy to process and compress the methane gas onshore to create compressed natural gas (CNG).
Rwanda has come up with an invention of its kind, The KivuWatt power station. The energy producer lies somewhere between a renewable and non-renewable source of energy. (Phentermine)
For thousands of years, volcanic activity in Lake Kivu has caused a massive accumulation of carbon dioxide and methane to dissolve in the depths of the water. The Engineers of the KivuWatt company have discovered a way to generate electricity from the lake.
There are only three such …
- EIB has committed EUR 95 million to support companies that were most affected by the COVID-19 pandemic in Rwanda
- Bank of Kigali and KCB Bank Rwanda have been picked to manage the funds
The European Investment Bank has announced that it will support companies that were most affected by the COVID-19 pandemic in Rwanda, to a tune of EUR 95 million.
In a statement, the bank said it had picked Bank of Kigali (BK) and KCB Bank Rwanda to manage the funds, as well as provide new credit lines for Rwandan companies.
Commenting on the development, the Minister of Finance and Economic Planning Uzziel Ndagijimana welcomed EIB’s latest private sector engagement in Rwanda and the launch of its EUR 175 million East Africa COVID-19 Response Facility in the country.
Rwanda becomes the first country in East Africa to benefit from the new streamlined financing programme that will provide long term …
A new report has revealed that Rwanda’s tourism revenues from international visitors dropped by an estimated 35 percent in 2020 compared to 2019, with the total of number of visitors dropping by 47.2 percent in 2020.
The report, Economic impact of the COVID-19 pandemic on East African economies by Deloitte indicates that in the months of April and May, Rwanda saw a drop of 100 percent in the number of international tourists following the announcement of the lockdown.
The losses related to Meetings, Conventions and Exhibitions (MICE) tourism were estimated to be around USD 80m for events that would have been hosted between Mar-2020 and Nov-2020.
The report shows that Rwanda benefitted on a global scale as from the third quarter of 2020 after being included on the European Union’s list of ‘epidemiologically safe’ countries for travel.
“The Rwanda Development Board (RDB) continues to promote tourism in 2021. The board …
A plan seeking to revive tourism in East Africa has been approved, following the negative impact of the coronavirus pandemic on the sector.
Dubbed ‘The EAC Regional COVID-19 Tourism Recovery Plan’, the map was approved by the East African Community Sectoral Council led by Kenya’s Cabinet Secretary for Tourism and Wildlife, Najib Balala.
Tourism ministers from the East Africa Community noted that some partner states had already instituted measures such as the formulation of stimulus packages aimed at re-igniting the sector and supporting tourism investments including the Small and Micro Enterprises.
In his opening remarks, Balala underscored the importance of the Partner States working together especially in addressing the impact of the COVID-19 pandemic on the sector and in joint tourism recovery efforts.
“The COVID-19 pandemic has taught all of some really important lessons. For instance, domestic and regional tourism markets are really important and they can help in making …
