CONSTRUCTION OF NGOMA STADIUM SET TO KICK-OFF IN RWANDA

CONSTRUCTION OF NGOMA STADIUM SET TO KICK-OFF IN RWANDA

Ngoma stadium construction set to kick-off this week after plans was agreed. Finalization are set to kick-off next week for the construction of Ngoma stadium in Rwanda. The project which comes as a joy to the community will be worth  $9 million (around Rwf8 billion). It will also have a capacity to host at least 15,000 people. The stadium construction is a dream come true for youths living in the environment. It will also help them…

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MITRELLI GROUP SET TO CONSTRUCT 10,000 HOUSING UNIT IN RWANDA

MITRELLI GROUP SET TO CONSTRUCT 10,000 HOUSING UNIT IN RWANDA

Rwanda set to have over 10,000 housing unit to be constructed by Mitrelli Group. Israeli firm Mitrelli Group is set to construct over 10,000 housing unit in Rwanda. The Mou was sign by Rwanda Development Board (RDB) and Mitrelli Group. Meanwhile, the deal will also engage both RDB and Mitrelli group to help grow the housing sector in the nation. Founder and President of Mitrelli Group Haim Taib said “This project is a very nice challenge for us. He also…

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AIRPORT CONSTRUCTION TO MEET DEADLINE IN RWANDA

AIRPORT CONSTRUCTION TO MEET DEADLINE IN RWANDA

Rwanda’s Airport set to meet deadline after plans was agreed by parties involved in the project. The construction of the Bugesera International airport is on track to meet its deadline in Rwanda. Its developer is optimistic that they will meet the first phase of the project come 2020. In september, the government conclude plans for the negotiation of the project. During the negotiation, Mota-Engil Africa got 75% while Aviation Travel and Logistics Holding (ATL) will share the…

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RWANDA LOWERS POWER TARIFF AS INCENTIVE FOR INVESTORS.

RWANDA LOWERS POWER TARIFF AS INCENTIVE FOR INVESTORS.

Rwanda new tariff will favor industries and large consumers of electricity. The Government of Rwanda will announce the new price of electricity for industries and other large consumers of electricity soon. Despite the ongoing development in the power sector, the Government wants to cub the issues of load shedding. This plan is to serve as incentives to investors in the country and pave way for more investors. Large consumers of power in the country have…

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FIRST FINANCIAL TECHNOLOGY (Fintech) HUB IN RWANDA.

FIRST FINANCIAL TECHNOLOGY (Fintech) HUB IN RWANDA.

Rwanda will soon be home to a hub for financial technology (Fintech), boosting start-ups in the sector. The Chief Executive Officer of Finance Innovation Joelle Durieux  revealed that the French based financial services in partnership with the Government of Rwanda is to set up a Financial technology (Fintech) hub. The project aims at creating new businesses and identifying better ways for the financial sector. KLab is also one of the two mutual partners in this…

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US$66.6M ROAD PROJECT PLANS KICK-OFF IN RWANDA

US$66.6M ROAD PROJECT PLANS KICK-OFF IN RWANDA

Construction plans kick-off for US$66.6m Rwanda road project. Rwanda Government has sign a contract with Export Import Bank  for the road project. The 63 km road project will run through Rulindo and Burera districts. It will furthermore increase economic activity and make tourism in the area easy. The road will connect the tourist hub of Burera, and Ruhondo lakes, the University of Global Health Equity (UGHE). It will also connect a Cancer Reference Hospital in Butaro, all through…

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Rwf1.2 BILLION TAXI PARK TO BE CONSTRUCTED IN RWANDA

Rwf1.2 BILLION TAXI PARK TO BE CONSTRUCTED IN RWANDA

Constructing of taxi park to cost Rwf1.2 billion after series of  complain from businessmen and owner of the area to fast-track its construction in rwanda. The construction of the taxi park will take place in Rwanda. The construction of the first phase will contain the lockup, waiting area, washing bay, toilet and the park. These phase will be complete in april of this year. Director of one stop centre, Theogene Gahunzire said ”the construction activities will be…

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JAPAN TO BUILD DORMITORY FOR RUHANGO SCHOOL IN RWANDA

JAPAN TO BUILD DORMITORY FOR RUHANGO SCHOOL IN RWANDA

Japan release grant for construction of a dormitory in ruhango to help the communities. The dormitory is for a catholic vocational training school based in Ruhango.  The cost of the dormitory is worth Rwf68m and will accommodate up to 400 students. The project will support the school with over 300 students whom are orphans by paying tuition and accommodation fees. Japanese envoy to Rwanda, Takayuki Miyashita; “The new dormitory is expected to provide proper accommodation to the students,” According to…

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ADFD APPROVES FUNDS FOR SOLAR PVC PROJECTS IN RWANDA AND MAURITIUS

ADFD APPROVES FUNDS FOR SOLAR PVC PROJECTS IN RWANDA AND MAURITIUS

ADFD approve US $25m to both Africa nations for solar pvc project that will improve their energy system. Abu Dhabi fund for development (ADFD) has approve loans of  US $10m to Mauritius and US $15m to Rwanda for the construction of a solar project in both nation. The both project is expected to improve the nations energy system. The project in Mauritius will help the Central Electricity Board install solar PV systems on rooftops of 10,000 households which is part of the government’s…

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STANDARD GAUGE RAILWAY CONSTRUCTION AGREED BY TANZANIA AND RWANDA

STANDARD GAUGE RAILWAY CONSTRUCTION AGREED BY TANZANIA AND RWANDA

Tanzania and Rwanda to combined in the construction of a railway that will cost between US$800 to $900 million when completed. The construction of the project which is expected to start from Isaka (northwestern Tanzania) to Kigali in Rwanda was put into motion after Rwandan President Paul Kagame toured Tanzania yesterday in a one day official visit. During the tour, President of Tanzania john Magufuli said both infrastructure ministers of the two countries will meet next week…

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KENYA TO DEEPEN TRADE TIES WITH NAMIBIA, RWANDA AND ZAMBIA

KENYA TO DEEPEN TRADE TIES WITH NAMIBIA, RWANDA AND ZAMBIA

Newly elected Kenyan President, Uhuru Kenyatta seeking to strengthen trade ties with Namibia, Rwanda and Zambia. Speaking after his official inauguration on Tuesday, November 28th, 2017, Kenyan President, Uhuru Kenyatta who held  bilateral talks with Presidents of Namibia, Rwanda and Zambia, said he plans to boost inter-regional relations with the three States. Kenya have already existing trade ties with Tanzania and Uganda, as they are major export destinations for the East African nation. Although being a power house in the tea export…

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RWANDA GETS US $60M FOR WATER PROJECT FROM EAIF

RWANDA GETS US $60M FOR WATER PROJECT FROM EAIF

Rwanda government secure funds for the construction of a water treatment plant in the state capital. The construction of  the water treatment plant in Rwanda is been financed by The Emerging Africa Infrastructure Fund (EAIF) and it is expected to be the first Bulk Surface Water Supply in sub-Saharan Africa using a public/private partnership (PPP) model. The project is inline with Rwanda aim to see 100% of its 12.4m people having reliable access to clean…

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