I&M Bank Rwanda reports impressive 74% profit growth in 2024
I&M Bank (Rwanda) Plc recorded a 74% increase in net profit, reaching Rwf18.6 billion ($15 million) in 2024, driven by…
Category: Rwanda
Leadership Change at Rwanda’s Central Bank as Soraya Hakuziyaremye Steps In as First Female Governor
In a historic move, President Paul Kagame has appointed Soraya Hakuziyaremye as the new governor of the National Bank of…
How Joint Fintech Regulatory Framework between Ghana and Rwanda will protect consumers and Promote innovation
In a significant move for the African fintech sector, Ghana and Rwanda have announced a new initiative that will enable…
Rwanda goes cashless as Central Bank Of Rwanda pushes for unified cashless payment systems
The National Bank of Rwanda (BNR) has announced plans to implement an interoperability switch in 2025, a significant move aimed…
Chumz Expands Footprint to Rwanda After Kenyan Success
Chumz, the Kenyan fintech startup disrupting the savings and investment scene, is on a winning streak. After gaining over 200,000…
China’s BYD Partners with Ampersand to Boost Electric Motorcycle Production in Africa
A powerful collaboration between Ampersand, a leading African electric transport company, and BYD, the global giant in electric vehicles, is…
The Rise of Electric Motorcycles in Kigali as a Sustainable Mode of Transport
In Rwanda, a significant shift to electric motorbikes is not only reducing emissions but also transforming the lives of drivers,…
MTN Rwanda Introduces Innovative Biodegradable SIM Cards
MTN Rwanda has taken a big step towards greener practices by introducing the nation’s first biodegradable SIM cards. Known as…
IFC appoints Mary Porter Peschka as Regional Director for Eastern Africa
IFC has announced the appointment ofMary Porter Peschka as its new Regional Director for Eastern Africa. Peschka, who brings more than…
European Union, Germany join forces to boost Rwanda’s mining sector
During the EU-Rwanda Business Forum in Kigali, the Rwanda Mines, Petroleum, and Gas Board (RMB) and the Deutsche Gesellschaft für…