Market News Page No. 205| Africa Business News

Rwanda: JICA Pledges to Provide Technical Support to 'Smart Rwanda' Initiative

The Japan International Cooperation Agency (JICA) has pledged more support to Rwanda's Information and Communication Technology (ICT) sector as the country moves toward a digital economy. According to Toda Takao, JICA's vice president in charge of human security and global health, the aim is to offer Rwanda full-scale technical support to implement Smart Rwanda master plan. Under the new smart Rwanda master plan, government.... Read more »

Posted on : Sunday , 14th May 2017

Rwanda: Govt Focusing on Off Grid Solutions to Boost Energy Efficiency

The government is set to prioritise off-grid energy solutions such as solar energy and mini-power plants, reduce energy losses, as well as consider using natural gas instead of diesel in energy generating systems to ensure efficiency. According to the Minister for Infrastructure, James Musoni, the development is in line with the country's target to generate 563 megawatts and enable 70 per cent of Rwandan households to access electricity.... Read more »

Posted on : Sunday , 14th May 2017

Rwanda: Vision City Project Supported by Chinese Firm to Address Housing Challenges

Located on one of the hills at "The Land of a Thousand hills," the Vision City project is part of the Rwandan government's efforts to solve housing challenges in the capital city Kigali. The first phase of the project, the biggest housing project in Rwanda, is consisted of 504 units of villas and apartments. According to the plan, after all the four phases are completed, the project will have the capacity to accommodate over.... Read more »

Posted on : Sunday , 14th May 2017

Rwanda: Govt to Launch $250 Million Fund for Affordable Housing

A new affordable housing fund that could enable persons earning between Rwf300,000 and Rwf700,000 in monthly wages to buy a house is due to start in July, officials at the Ministry of Infrastructure (MININFRA) have said. The Minister for Infrastructure, James Musoni, said the fund, estimated to be between $200 million and $250 million (about Rwf206 billion), is one of the key four strategies that the government has come up with to speed.... Read more »

Posted on : Wednesday , 10th May 2017

Urban road upgrading project kicks off in Rwanda

Rwanda’s urban road upgrading project has commenced in the Kigali and is being undertaken by China Road and Bridge Cooperation (CRBC) and expected to improve the overall traffic situation in Kigali. The road upgrading project is expected to be 54.56 kilometers where the investment is being done by China Export-Import Bank in form of preferential loan. This initiative will efficiently enhance the road traffic.... Read more »

Posted on : Monday , 8th May 2017

East Africa: Call for Regional Cooperation to Transform Construction Industry

Resulting from the rapid and sustainable economic growth as well as the ongoing fast urbanization in Ethiopia,there is high demand for cement and concrete, Construction Minister Eng. Aisha Mohamed said. While addressing the 2nd Annual East Africa Cement, Concrete and Energy Summit yesterday, Minister Eng. Aisha reiterated: "With the growth in our economy and the increase in urbanization, there is a parallel need of cement and.... Read more »

Posted on : Wednesday , 3rd May 2017

Tanzania: Spray Drones Providing Efficient Pesticide Dispersal

Guangzhou — Chinese firm Dajiang Innovation, popular known as DJI, recently launched its first agricultural aerial system, the Agras MG-1, operated as a drone, is now geared at providing cheaper crop spraying, also billed to become safer and more efficient. The company plans to supply the drone to local farmers to help ease their farm work, notably to minimize human labour and the cost of production. The firm's communications.... Read more »