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Financial News

BANKING

Innovation Unleashed: Transforming Rwanda’s Financial Landscape

Kigali continues to be recognized among the top 10 international financial centers likely to become more significant in the future. In the recent publication of the Global Financial Centres Index (GFCI 35), a renowned ranking that assesses the competitiveness and attractiveness of financial centers worldwide, Kigali now ranks 67th globally while maintaining its position as the second in sub-Saharan Africa.

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Economics

Rwanda to Host 8th Africa Congress of Accountants as Financial Sector Gains Momentum

Rwanda is set to host the 8th edition of the Africa Congress of Accountants (ACOA 2025), underscoring its growing influence as a regional financial hub.…
Banking

Development Bank of Rwanda Sees Profitability Surge as Development Financing Expands

The Development Bank of Rwanda reported a sharp increase in profitability for the year ending December 31, 2024, as the lender expanded its lending portfolio…
Banking

BPR Bank Rwanda’s Net Profit Jumps 15% to Rwf29.7 Billion on Lending, Digital Growth

BPR Bank Rwanda Plc posted a 14.7 percent increase in net profit to Rwf29.7 billion in 2024, driven by a surge in net interest income,…
Industry

MTN Names Ali Monzer as Rwanda CEO in Leadership Swap With South Sudan

MTN Group appointed Ali Monzer as its new Chief Executive Officer, replacing Mapula Bodibe, who will take over as CEO of MTN South Sudan as…
Economics
Rwanda’s Economy Expands 8.9% in 2024, Fueled by Growth in Industry and Services
Banking
Rwanda’s Economy Powers Ahead With Strong Growth, Easing Inflation
Industry
MTN Rwanda Eyes Profitability Rebound as Fintech, Cost Efficiencies Drive Growth
Economics
Rwanda CPI Slows to 6.3 Percent in February as Inflation Pressures Ease
Industry
Rwanda’s Industrial Output Surges 7.9% as Manufacturing, Utilities Drive Growth