Browsing: Rwanda

Most Kenyans, 83 per cent, indicated a willingness to increase the amount of money they allocate to savings and investments, but the inability to save due to insufficient funds after fulfilling their obligations that require regular funding and the availability of quick digital loans.

Among their obligations which contribute to Kenyans’ financial strain is supporting their extended family which considerably bites into their savings. 84 per cent of people indicated that they regularly provide some income to their extended family, mostly in case of emergencies, because they feel a sense of obligation to send their extended families money and because their extended family members treat them better when they are sent money.

On their part, the extended family members mostly use the money to cater to recurring expenses like food & transport, school fees and medical expenses at 23 per cent, 19 per cent and 18 per cent respectively. Farm-related …

The African Development Bank (AfDB)’s Board of Directors has approved the establishment of the African Pharmaceutical Technology Foundation, a new ground-breaking institution that will significantly enhance Africa’s access to the technologies that underpin the manufacture of medicines, vaccines, and other pharmaceutical products.

Africa has great potential for drug discovery. The continent has natural resources, indigenous knowledge, and human capacity

AfDB Group President, Dr. Akinwumi Adesina said: “This is a great development for Africa. Africa must have a health defence system, which must include three major areas: revamping Africa’s pharmaceutical industry, building Africa’s vaccine manufacturing capacity, and building Africa’s quality healthcare infrastructure.”

The World Trade Organization and the World Health Organization, respectively, also welcomed and lauded the AfDB’s decision to establish the African Pharmaceutical Technology Foundation.…

Most Kenyans, 83 per cent, indicated a willingness to increase the amount of money they allocate to savings and investments, but the inability to save due to insufficient funds after fulfilling their obligations that require regular funding and the availability of quick digital loans.

Among their obligations which contribute to Kenyans’ financial strain is supporting their extended family which considerably bites into their savings. 84 per cent of people indicated that they regularly provide some income to their extended family, mostly in case of emergencies, because they feel a sense of obligation to send their extended families money and because their extended family members treat them better when they are sent money.

On their part, the extended family members mostly use the money to cater to recurring expenses like food & transport, school fees and medical expenses at 23 per cent, 19 per cent and 18 per cent respectively. Farm-related …

Commonwealth along racial lines, but the body managed to forge a compromise at its Nigeria summit, appointing a seven-nation panel to monitor Zimbabwe’s progress towards improved democratic values.

President Emmerson Mnangagwa’s government applied on May 15, 2018, to re-join the grouping, a year after toppling Mugabe through a military coup.

According to an article by the Independent dated June 17, 2022, Scotland subsequently deployed a Commonwealth team led by Ghana’s former president John Dramani Mahama to observe Zimbabwe’s 2018 elections.…

The National Association of School Governing Bodies’ general secretary, Matakanye Matakanye, told SowetanLIVE during an interview that many teachers were unemployed and the government should prioritize them over foreign teachers.

Matakanye also accused the government of failing to create a strong local capacity for specialist teachers.

“There are lots and lots of university graduates who are not working and we don’t get the department’s logic of taking people from outside our country when our people are not working. If this was happening five or 10 years after democracy, it would be understandable. It is unacceptable that the department of basic education is still getting educators from Cuba and Zimbabwe after 26 years of democracy,” he said.

Meanwhile, according to the Rwanda Education Board (REB), Rwanda is set to receive close to 500 Zimbabwean teachers by September this year. The teachers will be placed in polytechnics and higher learning institutions.…

mRNA-1644 utilizes Moderna’s messenger RNA (mRNA) technology to deliver a specific class of B cells needed to develop broadly neutralizing antibodies (bnAbs) to fight HIV infection. Inducing bnAbs is considered the primary goal of an HIV vaccine, and this requires B-cell activation.

The primary trial endpoints are safety and immunogenicity. The IAVI-sponsored clinical trial, IAVI G003, will test the safety and efficacy of vaccination with the HIV immunogen eOD-GT8 60mer, delivered via Moderna’s mRNA platform. eOD-GT8 60mer was developed by IAVI and Scripps Research teams and was initially tested in phase 1 clinical trial IAVI G001.

According to Contagion Live, IAVI G003 is expected to enroll 18 healthy, HIV-negative adults. The participants will receive 2 doses of eOD-GT8 60mer mRNA, which contains a portion of the viral sequence but cannot cause HIV infection. They will be monitored for safety for 6 months after their second dose, and their immune responses …

With the recent addition of the DRC to the East African region, landlocked countries have found an alternative port of entry in the Atlantic Ocean. The swiftness of trade with two ports of entry and the region’s strategic location will be incomparable to any other region on the continent.

The East African Federation would be the fourth largest country in both population and landmass, trailing after China, India and the United States. President Uhuru Kenyatta says that the federation would have over 300 million people.

The gross domestic product for the region will sum up to US$250 billion, the fourth-largest in Africa and the 34th biggest globally. Since the beginning of the last decade, East Africa has had the fastest growing economy globally. In 2019, the region’s economy grew by about 5 per cent. If the federation continues with this growth rate, the new country would quickly become the biggest …

• 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, …

• Rwandan Nationals travelling to Angola will not be required to have visas after the two countries have signed a new agreement
• On Friday, April 15, 2022, Rwanda and Angola signed nine cooperation agreements in different sectors
• “The government of Rwanda is committed to cementing bilateral cooperation with the government of Angola and working together in addressing regional, continental and global challenges that affect our countries,”

Travelling to Angola from Rwanda has been made easy! Rwandan Nationals travelling to Angola will not be required to have visas after the two countries have signed a new agreement to facilitate such.

On Friday, April 15, 2022, Rwanda and Angola signed nine cooperation agreements in different sectors, including:

• Agriculture and livestock
• Local administration
• Health
• Mineral resources
• Oil and gas
• Trade and investment
• Double taxation avoidance
• Extradition 
• legal assistance and transfer of convicted persons.

The discussions took place in Kigali, Rwanda, with a high-level delegation …

The International Monetary Fund projects that Rwanda will post 7 per cent growth in 2022

• Rwanda weathered the Covid-19 pandemic to hit double-digit growth of 10.3 per cent for 2021 
• Rwanda’s life expectancy has risen from 49 in 2000 to 66.6 in 2017, while extreme poverty fell from 40 per cent to 16 per cent

The economic growth in East Africa is expected to flourish with the admission of the DRC to the East African Community (EAC).

This move increases the region’s bargaining power and has offered an alternative port of entry that will facilitate international trade. It has also turned the focus to the region and its economic impact on the continent and the world at large.

Among the seven countries in East Africa, Rwanda has reported the most rapid economic growth in the region.

Over the years, Rwanda has endeared itself to the donor community: a nation where …