N e w s

Tanzania Considering Finance Options for SGR Project

Tanzania is looking at using proceeds from its $700 million Eurobond and concessional loans to fund the construction of its standard gauge railway, making a big policy shift from its regional neighbours, who have bought into China's fund, build and operate model to fund their railway projects.   This change of tack brings into question the role China will play in the project, having agreed in July last year to advance $7.9 million to the.... Read more »

Posted on : Thursday , 2nd February 2017

Rwanda: Govt Pledges Support to Housing Finance Institution Shelter Afrique

Rwanda has pledged to continue supporting activities of Shelter Afrique, a Pan-African financial institution dedicated to financing housing and infrastructural related activities in Africa.   The Minister for Infrastructure, James Musoni, made the commitment in Nairobi, yesterday, at an extra-ordinary session of General Assembly of Shelter Afrique, which took place at Windsor Hotel.   Musoni commended the work done by Shelter.... Read more »

Posted on : Thursday , 2nd February 2017

Rwanda: Governance Scorecard Confirms Consistent Improvement in Development in 2016

Kigali, 31 January 2016- Rwanda has registered consistent improvement in different governance and development sectors, according to the Rwanda Governance Scorecard (RGS) 2016. The RGS fourth edition launched today at the Kigali Convention Centre indicates that compared to the 2014 edition, six out of eight major indicators have recorded higher scores while only two presented slight decline. RGS is an annual publication seeking to gauge the.... Read more »

Posted on : Wednesday , 1st February 2017

Rwanda Ranked Third Least Corrupt Country in Africa

The Government has welcomed the new ranking of the global Corruption Perception Index with officials promising to score higher next time.   The Corruption Perception Index, released yesterday in Kigali, placed Rwanda alongside Mauritius as third least corrupt country in sub-Saharan Africa.   The annual report, produced by Transparency International, ranked Rwanda 50th least corrupt country globally, retaining the same 54 per cent.... Read more »

Posted on : Wednesday , 1st February 2017

Rwanda Ranked Third Least Corrupt Country in Africa

The Government has welcomed the new ranking of the global Corruption Perception Index with officials promising to score higher next time.   The Corruption Perception Index, released yesterday in Kigali, placed Rwanda alongside Mauritius as third least corrupt country in sub-Saharan Africa.   The annual report, produced by Transparency International, ranked Rwanda 50th least corrupt country globally, retaining the same 54 per cent.... Read more »

Posted on : Wednesday , 1st February 2017

Rwanda Ranked Third Least Corrupt Country in Africa

The Government has welcomed the new ranking of the global Corruption Perception Index with officials promising to score higher next time.   The Corruption Perception Index, released yesterday in Kigali, placed Rwanda alongside Mauritius as third least corrupt country in sub-Saharan Africa.   The annual report, produced by Transparency International, ranked Rwanda 50th least corrupt country globally, retaining the same 54 per cent.... Read more »

Posted on : Wednesday , 1st February 2017

Rwanda: New Housing Project Launched for Vulnerable Residents

A project to construct model housing units for vulnerable residents was launched on Saturday in Kicukiro District during the monthly community work, Umuganda.   The project, that will in its first phase see the construction of 40 modern housing units to be handed over to the most needy, will be implemented by the district authorities in partnership with the National Bank of Rwanda (BNR).   The housing project is part of the.... Read more »

Posted on : Wednesday , 1st February 2017

Dangote Eyeing Lucrative Sugar Sector in Ethiopia

Prime Minister Hailemariam Dessalegn conferred with the Nigerian business tycoon Aliko Dangote Friday.   During the course of the meeting, the premier assured the African billionaire that his government is fully committed to support the Group in the efforts towards diversifying its investments.   He said that government encourages companies such as the Dangote Group to engage in Ethiopia so as to boost employment opportunities and.... Read more »

Posted on : Wednesday , 1st February 2017

Ethiopia: Dangote to Setup Packaging Plant for its Cement Bags

Prime Minister Hailemariam Dessalegn conferred with the Nigerian business tycoon Aliko Dangote Friday.   During the course of the meeting, the premier assured the African billionaire that his government is fully committed to support the Group in the efforts towards diversifying its investments.   He said that government encourages companies such as the Dangote Group to engage in Ethiopia so as to boost employment opportunities and.... Read more »

Posted on : Wednesday , 1st February 2017

Kenya: New Rule to Check Unnecessary Medical Referrals Abroad

A doctor will from now on only refer a patient abroad for treatment if there is evidence that hospitals in the country lack the capacity to take care of them.   The new measures, published Monday, are meant to put strict measures on international referral and to protect patients from rogue doctors who misadvise them to seek treatment abroad in exchange for kickbacks.   In the new guidelines, drawn up by Health Cabinet Secretary.... Read more »

Posted on : Wednesday , 1st February 2017

Kenya: Farmers Unhappy with Ban on Maize Exports

The government is headed for a collision course with maize farmers in the North Rift after a presidential directive that banned export of the cereal citing the biting shortage.   Growers now want the prices of maize increased or they be allowed to sell to the highest bidder given the current supply and demand situation.   Farmers are unhappy with the order that restricts them to selling their produce within the country, saying it.... Read more »

Posted on : Wednesday , 1st February 2017

Tanzania: Appoint Experts to Small Industries to Boost Production - Factory Owner

Moshi — The government has been requested to send experts to small-scale industries to improve increased production to boost the country's industrialisation process.   The call was made by the Managing Director of the Moshi-based JayJey Industry, Humphrey Mosha. He said highly skilled experts are needed to enable industries increase production. "We have many experts in our universities and ministries who can help in.... Read more »

Posted on : Wednesday , 1st February 2017



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