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Browsing: Paul Kagame
Rwanda’s economy is one of the fastest growing in Africa. It has a ready market of over 12 million people with a rapidly growing middle class.
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Rwanda’s economy is one of the fastest growing in Africa, with a ready market of over 12 million people and a rapidly growing middle class
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Potential investment opportunities are in agriculture, infrastructure, energy, tourism, information and communication technology
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Rwanda has an array of investment incentives for investors ready to invest in the key priority sectors, including a seven-year tax holiday for those investing over US$50 million
According to the African Development Bank Group, the country recorded a Gross Domestic Product (GDP) growth of 10 per cent in 2021. The growth was driven by expansion in services (12 per cent), industry (13 per cent), and agriculture (6 per cent). In 2022 and 2023, GDP growth is projected at 6.9 per cent and 7.9 per
The United Bank for Africa (UBA) Plc (www.UBAgroup.com), is set to celebrate this year’s Africa Day in commemoration of African unity with the third edition of its annual UBA Africa Conversations, headlined by Africa’s international leaders that include the President of Rwanda, H.E Mr Paul Kagame; Mrs Ngozi Okonjo-Iweala, Director-General of the World Trade Organisation(WTO); Dr Tedros Adhanom Ghebreyesus, Director-General of the World Health Organisation(WHO) and Mr. Makhtar Sop Diop, Managing Director, International Finance Corporation(IFC). The conversations will be held online on africaday.UBAgroup.com.
At a time of unparalleled African leadership in global organisations, the UBA Africa Conversations provides the opportunity for an African and global audience to hear directly from our distinguished guests on Africa’s relationship with the world, the opportunities and the challenges, and their own personal journeys.
Moderated by Tony O. Elumelu, the Group Chairman, UBA and Founder of the Tony Elumelu Foundation, discussions …
Qatar Airways is in talks to buy a 49 per cent stake in RwandAir, its chief executive said.
Qatar Airways is also interested in doubling its holding in LATAM Airlines Group to 20 per cent with an objective of having equal stake with Delta Air Lines in LATAM.
Although no details have yet been revealed, like the amount of money Qatar airways is spending on the stake, the purchase will mean the government of Rwanda will remain with a controlling stake of 51 per cent in the airline.
Industry analysts say for both airlines the deal is a win-win situation and that owning shares in a growing African airline like RwandAir will act as a springboard for Qatar Airways into the African aviation market.
Also Read: RwandAir face competition from Kenya’s budget carrier
Qatar Airways acquiring a stake in RwandAir would widen its reach and potentially help the Airways bypass …
I am confident that Africa will continue to be a leader, in drawing on its historical experience, in building resilient, pluralistic, economically-strong, and environmentally sound communities, rooted in solid values and communal support structures that societies in the West and elsewhere will admire and emulate in years to come.…