Latest News Rwanda
Bank & Insurance
25/03/2024 at 14h51, by Africa Business+
Duval Group welcomes major lender to its microfinance company
A development institution, through its private sector subsidiary, has taken a minority stake in the...
Advisory
18/03/2024 at 17h36, by Africa Business+
Omnicane hires consultants to accelerate conversion of coal-fired power stations to biomass in Mauritius
The sugar group, owned by businessman Jean-Raymond Boulle, and public and cooperative capital started...
Renewable energies
21/02/2024 at 19h21, by Africa Business+
Sawa Energy targets new markets in East Africa
After Rwanda and Uganda, the developer of solar systems for SMEs intends to diversify and expand its...
Energy
30/01/2024 at 08h18, by Africa Business+
Bboxx moves headquarters to Africa
Africa Business+ takes a look
Development Bank
11/01/2024 at 17h28, by Africa Business+
AIIB targets Rwanda for $100m in electricity support
The Asian Infrastructure Investment Bank (AIIB) was set up at China’s initiative as an alternative financing...
Development Bank
19/12/2023 at 16h30, by Africa Business+
Development Bank of Rwanda gets €20m to support green transition
Rwanda’s local banking establishment is stepping up its initiatives to position itself as a key financial...
Mines
08/12/2023 at 16h45, by Louise Margolin
Rwanda: Luma Africa plans to expand tin smelter
The subsidiary of Luma Holding, a Malta-based group run by a Polish team, is looking to expand its investments...
Renewable energies
01/12/2023 at 13h03, by Africa Business+
Arc Power Rwanda minigrid investors secure their equity stake
Oikocredit and two units of the Dutch bank Triodos have received a MIGA guarantee for this $10 million...
Capital Market & Private Equity
23/11/2023 at 18h29, by Africa Business+
FMO and IFC support African Rivers Fund IV, XSML’s Central Africa SME fund
The fund plans to make 40 to 50 investments with average target tickets of between $2 million and $3...
Industry
23/10/2023 at 16h58, by Africa Business+
Arise IIP awaits $250m from IFC for operations in four countries
The International Finance Corporation (IFC) plans to lend up to €250 million for the developer’s projects...
Construction & Infrastructure
20/10/2023 at 14h20, by Africa Business+
Summa Corporation transforms Rwanda office into a regional hub
In Rwanda, the Turkish group is currently building the Amahoro Stadium, and in Kenya, it is competing...
Electricity
09/10/2023 at 15h02, by Africa Business+
Rwanda: Sinohydro takes over $84 million Muvumba multi-purpose dam project
The Chinese state-owned group won the bid over three competitors. The financing to build the water reservoir...
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