RWANDA | RWANDA

15-Feb-2015 to 10:15

IFC raises $5m in first offshore Rwandan franc Bond

APA-Kigali (Rwanda) — The International Finance Corporation (IFC), World Bank’s private sector arm has raised Rwf3.5 billion ($5 million) with the first offshore bond in the Rwandan currency.

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15-Feb-2015 to 10:05

Two women arrested for trafficking cocaine worth $1m

APA-Kigali (Rwanda) — Rwandan police on Saturday intensified its anti-drugs operation which culminated in the arrest of three people at Kigali International Airport as they tried to smuggle about 13.5 kilogrammes of cocaine roughly valued at over $1 million.

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12-Feb-2015 to 19:03

Rwanda to benefit from €160m EIB credit

APA-Kigali (Rwanda) — Rwanda is one of the 12 countries in the Common Market for Eastern and Southern Africa (COMESA) set to benefit from €160 million credit facility from the European Investment Bank (EIB), Europe’s lending institution.

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12-Feb-2015 to 18:39

Capital markets better than aid – Kagame

APA-Kigali (Rwanda) — President Paul Kagame of Rwanda has urged African countries to invest and develop their capital markets as substitutes to aid and donations from the developed world.

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12-Feb-2015 to 14:05

Kenyan’s Equity Group listed on Rwandan bourse

APA-Nairobi (Kenya) — The Rwanda Stock Exchange (RSE) on Thursday officially welcomed Kenyan based Equity Group Holdings as its latest banking securities counter.

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11-Feb-2015 to 18:58

Rwanda’s decentralization plan receives €7m boost

APA-Kigali (Rwanda) — Rwanda has received a grant worth €7 million from the German government to support district development and good governance through its decentralization policy.

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10-Feb-2015 to 19:04

Rwanda’s Energy minister cautioned over delayed projects

APA-Kigali (Rwanda) — The Rwandan Senate has summoned the Minister for Energy, Water and Sanitation, Germaine Kamayirese, over stalled energy projects that may hamper the country’s ambitious electricity targets.

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