Rwanda Could Start Issuing Municipal Bonds

Rwanda is planning a pilot program that will enable district entities to start issuing bonds to scale up their long term sources of revenues. This was discussed at stakeholder’s workshop this Wednesday in Kigali, which brought together Ministries of Local Government, Finance and Rwanda Capital Markets Authority (CMA) among key players in the programme. The Permanent Secretary of Ministry of Finance, Caleb Rwamuganza said that … Continue reading Rwanda Could Start Issuing Municipal Bonds

By hating Rwanda Museveni wished to buy banished mother’s affection

Museveni’s origins are shrouded in mystery. Many versions of where he was born and his true nationality are claimed. Those who know him view the vagueness around his origins as deliberately created. He one time said that he was born in Mbarara Hospital even as he claimed he does not know his exact date of birth. That was in Mbarara in April 1992. But later … Continue reading By hating Rwanda Museveni wished to buy banished mother’s affection

Rwanda, World Bank sign US$200 million education deal

The Government and the World Bank Thursday signed a US$200 million (around Rwf180 billion) credit financing agreement to improve teacher competency and student retention and learning. According to the World Bank, human capital – the sum of a population’s health, skills, knowledge, and experience – accounts for the largest share of countries’ wealth globally, and it allows everyone to reach their full potential. Uzziel Ndagijimana, … Continue reading Rwanda, World Bank sign US$200 million education deal

Why disaster readiness is critical for Africa, and what the Commonwealth is doing about it

By Patricia Scotland Five months ago, Cyclone Idai ripped through the Southern African region, causing a massive humanitarian disaster that affected three million people. More than a thousand perished, while 200,000 lost their homes, many of whom are still to this day living in refugee camps. Economic losses were estimated at more than $1 billion across the affected countries – Mozambique, Malawi, Zimbabwe and Madagascar. … Continue reading Why disaster readiness is critical for Africa, and what the Commonwealth is doing about it

DR Congo tests 12 more patients for Ebola

Twelve people were ordered to undergo testing for possible Ebola infection in Goma in DR Congo on Saturday, only days after three patients in the densely populated city tested positive for the disease, the country’s presidency said. “A total of 12 people from various centres on the outskirts (of Goma) are undergoing testing after the response team triggered the alert protocol,” it said in a … Continue reading DR Congo tests 12 more patients for Ebola