Author: Bienvenue

Who is the new AfDB President and what does his leadership mean for Rwanda?

In a landmark decision poised to shape the future of African development financing, Dr. Sidi Ould Tah, a seasoned Mauritanian economist and development financier, has been elected as the new President of the African Development Bank (AfDB). He will officially assume office on September 1, 2025, succeeding Dr. Akinwumi Adesina, whose decade-long tenure has been […]

Inside $279M Kigali Urban Transport Improvement Project: All You Need to Know

Kigali, one of Africa’s fastest-growing cities, is on the cusp of a major urban mobility transformation. At the centre of this change is the Kigali Urban Transport Improvement (KUTI) Project—an ambitious, multimillion-dollar initiative designed to streamline the city’s transport network, reduce congestion, and boost public transport accessibility. Backed by a $100 million loan from the […]

Buying a Hybrid Vehicle in Rwanda? Here’s What the New Tax Reforms Mean for You

As Rwanda continues pushing toward a greener economy, hybrid vehicles have long benefited from a favourable tax regime—import duty, VAT, and excise duty exemptions. However, under the new tax reforms effective fiscal year 2025/2026, this incentive structure is changing, particularly for those considering purchasing older hybrid models. What’s changing? According to the latest tax reform […]

Inside Rwanda’s ambitious 21% budget increase amid global sanctions concerns

In a bold move reflecting confidence in its economic trajectory, Rwanda has announced a significant 21% increase in its national budget for the 2025/2026 fiscal year. The proposed budget stands at Rwf 7.03 trillion (approximately $5.01 billion), up from Rwf 5.82 trillion in the previous fiscal year. Finance Minister Yusuf Murangwa presented the Budget Framework […]

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