Funding access hurdles have been singled out as acting as a stumbling block on Africa path to green transition and inclusive economic development of the continent that got to devise ways to plug growing energy, transport and IT infrastructure gaps, among others.
In one case in 2017, a local telecommunication company with footprint on the continent was handed a hefty fine ($8.5 million) by the industry regulator after it emerged that the former was hosting its IT services outside the country.
Districts of the capital namely Gasabo, Kicukiro and Nyarugenge accounted for 81 per cent of FDI projects, 72 per cent of investments, and 82 per cent of projected jobs over the period 2016–2022.
The much-disputed immovable property tax hike in the 2018 law had not been brought into force as the treasury suspended its enforcement twice amid public uproar. The executive now wants Parliament to repeal five articles of the controversial legislation.
Authorities bank on allocations in the budget to expedite progress on a number of ruling party promises ahead of Presidential and Parliamentary polls.
There are at least 11 million young people coming to the labor market every year in search of work, yet only 3 million jobs are created across the continent, leaving estimated 8 million without work, according to International Labour Organization (ILO). Initiative by the AUC Chairperson Moussa Faki...
At least four journalists were killed since the year started while more are languishing in prisons across the region simply for doing their jobs
There has been accumulation of taxes not paid to the taxman estimated at Rwf550.6 billion ($493.5 million) and decentralized taxes filed not yet paid of Rwf2.5 billion ($2.2 million). The sum include fines, penalties, and other levies on goods and services collected by entities of behalf of Rwanda Revenue...
Local LGBTQ entrepreneurs struggle to keep their fashion brands, art stores and other businesses afloat even as they grapple with stigma and hate speech directed at them on and offline.
Rwanda is among 10 countries with the highest food price inflation globally in the latest World Bank assessment released on February 27
Effects of rising inflation could undermine the hard-won socio-economic gains registered over the recent years, if not properly addressed.
According to the treasury, impact of inflation on food prices will require mitigating policies to reduce the impact on affected households especially the poor, while the general increase in prices is also exerting pressure on budget expenditures.
Over 2.5 million learners at all levels of primary education were added to the school meal program last year when government expanded school feeding in drive to improve education quality, tackle dropout rates and malnutrition.
A lot of events, stories and developments happened in 2022, and 2023 will be no different.
The US also did not invite leaders of Eritrea with whom it holds strained relations for decades, alongside leaders of four other African countries that "are not in good standing with the Africa Union" namely Mali, Sudan, Guinea and Burkina Faso.
AfCFTA rules of origin, just like standards requirements, single out goods produced within the free trade area that meet set conditions to be allowed to move freely and enjoy preferential tariff treatment.