Browsing: Kagame

M23 rebels
  • 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 …

Volkswagen in Rwanda - The Exchange

The Intra African Trade Fair (IATF2021) is expected to be a grand event that comes in the backdrop of very optimistic forecasts for the automobile industry in Africa.

To be held next year in Kigali, Rwanda, from 6 – 12 September 2021, the IATF 2021 is a major trade event, that serves to boost sells of vehicles and related parts across the continent. The event will provide a unique and valuable platform for businesses to explore a single integrated African market of over 1.3 billion people with a combined GDP of over US$2.5 trillion.

Thanks to increased regional value chains, Afreximbank is of the view that new vehicle sales increase from 1 million to 5 million units a year across Africa.

 

A senior trade facilitator Gainmore Zanamwe told an online seminar that the sector prospects are brigh and described the Automotive Tradeshow is a critical base from which to …