Rwanda launches eKash to link all financial services

Rwanda is taking a major step towards a fully cashless economy with the official launch of eKash, a national digital payment system designed to unify all financial service providers across…

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High bribes target low-paid citizens, Ombudsman warns banks

Transparency International (TI-Rwanda) is alarming over the growing burden of corruption on low-income earners, revealing that more than 71% of Rwandans who earn under Rwf 100,000 per month are being…

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Rwanda to prioritize cooking gas while exploring future use of nuclear energy

The Government of Rwanda has announced it is working with the Kingdom of Saudi Arabia to provide cooking gas for all citizens, including low-income households who will be able to…

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Korea and WFP launch $1.2M green jobs, Agriculture project in Rwanda

The Korea International Cooperation Agency (KOICA) and the United Nations World Food Programme (WFP) have signed a USD 1.2 million(approximately 1.7 billion Frw) grant agreement to boost sustainable agriculture and…

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BNR Raises Key Interest Rate, Prices Expected to Climb

The National Bank of Rwanda (BNR) has announced an increase in its key lending rate, raising it from 6.5%—set in May this year—to 6.7%. Governor Soraya Hakuziyaremye, speaking at a…

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