Tag Archives: Rwanda
- The IMF team reached preliminary agreement with the government on policies that could support completion of the eighth and third reviews of Rwanda’s PSI- and SCF-supported programs.
- Growth in 2017 is expected to be 5.2 percent, well above growth averages for sub-Saharan Africa and an acceleration in the medium term will lead to average growth above 7 percent over the next three years.
- Headline inflation declined below the central bank’s 5 percent headline target as food supply constraints and depreciation pressures receded, after peaking in early 2017.
An International Monetary Fund (IMF) team, led by Laure Redifer, visited Rwanda from October 25-November 8, 2017, to discuss economic policies that could support the completion of the eighth and third reviews of Rwanda’s PSI and SCF-supported programs.
TARGETS OVER 200 HOTELS WITH MORE THAN 37,000 ROOMS BY 2022 EXPECTING TO GENERATE $8.5 BILLION OF CAPITAL INVESTMENT AND 50,000 DIRECT AND INDIRECT JOBS
World Travel Awards (WTA) has touched down in Rwanda ahead of its Africa Gala Ceremony 2017.
The services sector, in particular tourism, is one of the major contributors to Africa’s economy through such functions as providing foreign exchange and employment. It is therefore crucial that governments and the private sector are increasingly working together to grow the sector, that accounts for approximately 7.8% of the African GDP.
Compelling Mozilla-backed research (www.Mozilla.org), carried out by Research ICT Africa, finds that significant barriers to internet access remains in four African countries – Rwanda, Kenya, Nigeria and South Africa. The research aims to understand, from a comparative perspective, how the citizens use the internet when data is subsidised and when it is not.
IMF Staff Completes 2017 Article IV Consultation and Review Mission to Rwanda
CAPE-TOWN, South-Africa, May 9, 2013/African Press Organization (APO)/ – A high-level roundtable on Building Private Equity and Private Capital Markets in Africa, met on 8 May, to explore the promise and obstacles facing private capital investments in Africa. The roundtable of investors and policy makers met under the auspices of the Economic Commission for Africa (ECA) and the World Economic Forum on Africa to navigate the complex world of private equity, which in recent years has shown increased interest. According to the participants, this could be Africa’s next development financing frontier and could mark an end to an aid dependency.
Africa Continues to Grow Strongly Despite Global Slowdown, Although Significantly Less Poverty Remains Elusive
WASHINGTON, April 15, 2013/African Press Organization (APO)/ – Economic growth in Sub-Saharan Africa is likely to reach more than 5 per cent on average in 2013-2015 as a result of high commodity prices worldwide and strong consumer spending on the continent, ensuring that the region remains amongst the fastest growing in the world — according to the World Bank’s latest Africa’s Pulse, a twice-yearly analysis of the issues shaping Africa’s economic prospects.