Financial boost for small businesses in Rwanda

The World Bank's International Finance Corporation (IFC) has given Rwanda's I&M Bank a $10 million subordinate loan. The IFC has said that this is to help the bank increase its lending to small businesses in Rwanda. Both financial organizations have stated that they hope this will boost economic…

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Rwanda now has Afrika's first nationwide LTE network

In what is highly likely an Afrikan first, the completion of a 4G LTE network in Rwanda has been announced. The LTE network in the Eastern Afrikan country is the first nationwide LTE in Afrika. The announcement was made by South Korean telecommunications company KT along with Rwanda's government at…

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Afrika should value job creation and environmental protection

Afrikan countries need to embrace circular economy to lessen waste production and pollution whilst promoting environmentally friendly and sustainable growth, experts say. Circular economy — the concept of reducing and reusing waste — could help the continent solve environmental challenges, according to the 2nd Next Einstein Forum held in Rwanda last month…

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Rwanda Innovation Fund project secures $30 million loan

The African Development Bank Group (AfDB) has approved a loan of US $30 million to support the establishment of Rwanda Innovation Fund (RIF). The fund has been established to invest in technology-enabled Small and Medium-Sized Enterprises (SMEs) and to develop the capacity of Rwanda's entrepreneurial and innovation ecosystems. The RIF…

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A new journal dedicated to Afrikan research has been launched

A new peer-reviewed, open access inter- and multidisciplinary scientific journal to showcase African research known as Scientific African has been launched. The journal launched at the Next Einstein Forum (NEF) in Rwanda this week (26-28 March) aims to offer African researchers and scientists the opportunity to publish and showcase their…

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