KIGALI (Xinhua) --
Rwanda on Friday introduced “Investor
Open Day” as part of the country’s efforts to attract
dedicated to every Friday, dwells on tending to
questions from investors regarding investing in Rwanda
by the top management of the Rwanda Development Board (RDB).
RDB is a
government agency responsible for fast tracking the
country’s economic development.
reporters shortly after the launch of the open day, RDB
chief executive officer Clare Akamanzi said that the day
aims at addressing investor’s concerns and gathering
RDB, the day seeks to encourage investor participation
and transparency in doing business.
RDB announced 14 business reforms that are currently
reforms are reduction in costs and time to obtain a
construction permit which had previously been termed as
costly and time-consuming.
that investor concerns and questions within all the
cross-cutting economic sectors shall be addressed at the
RDB indicates that Rwanda has registered investments
worth 644 million U.S. dollars in 2017 alone. However,
the small African country targets to generate direct
investments worth about 1.5 billion dollars this year.
Rwanda’s GDP grows
1.7 percent in first quarter
KIGALI (Xinhua) --
Rwanda’s gross domestic product (GDP)
grew by 1.7 percent in the first quarter of 2017, higher
in real terms compared to the same period of 2016,
according to figures released by the National Institute
of Statistics of Rwanda on Wednesday.
In the first
quarter, GDP at current market prices was estimated to
be 1,817 billion Rwanda francs (about 2.1 billion U.S.
dollars), up from 1,593 billion Rwanda francs in the
same quarter last year, the report said.
that services sector contributed 46 percent of GDP while
agriculture contributed 32 percent.
sector contributed 15 percent of the GDP and 7 percent
was attributed to adjustment for taxes and subsidies on
shows that agriculture increased by 3 percent and
contributed 0.8 percentage points to the overall GDP
decreased by 24 percent mainly due to the decrease in
production of coffee and tea.
Murangwa, Director General of the National Institute of
Statistics of Rwanda, said the agricultural sector was
buoyed by food crops growth that increased by 4 percent
due to the first harvest season of 2017.
in the industry sector decreased by 1 percent, according
to the report, while manufacturing activities increased
by 7 percent, boosted by food processing activities that
increased by 13 percent and manufacturing of chemicals,
rubber and plastic activities that grew by 28 percent.
activities decreased by 7 percent while activities in
services sector increased by 4 percent in the first
attributed this growth to mainly hotels and restaurant
activities that increased by 17 percent, real estate
activities increased by 8 percent and administration and
support services activities that increased by 25
International Monetary Fund in May projected Rwanda’s
economy to grow by 6.2 percent in 2017, compared to 5.9
percent growth in 2016.
final qualified presidential candidates
KIGALI (Xinhua) --
Rwanda’s National Electoral Commission
(NEC) on Friday announced three candidates nominated for
August’s presidential poll, a week before campaigns
candidates are incumbent President Paul Kagame of the
ruling Rwandan Patriotic Front (RPF), Frank Habineza of
the Democratic Green Party of Rwanda, and Philippe
Mpayimana, an independent candidate, said NEC’s chairman
Kalisa Mbanda in Kigali, capital city of Rwanda.
submitted nomination failed to fulfill the requirements,
Rwandan Constitution and electoral laws, prospective
candidates are required to present, among others, 600
signatures from eligible voters backing his or her bid
gathered from across the country.
journalists after presenting his nominations in June
that during his term of office, Rwanda has achieved more
than its means, which indicates that the government has
stretched to the extreme limits.
the Opposition Democratic Green Party of Rwanda in a
statement Friday described the nomination of its
candidate as a big milestone after struggling for eight
years towards democratic change.
be the first election where the ruling party will
compete with an opposition party since the country was
returned to democratic rule in 2003,” it said.
promised to champion the respect of all fundamental
freedoms as enshrined in the constitution and promoted
by international human rights instruments, to re-enforce
the rule of law, ensure food security and food safety
for the qualified candidates will officially begin on
July 14 and end on August 3, just a day before the
million will participate in the election, up from 5.7
million who participated in 2010 presidential elections,
according to the NEC.
been president since 2000, and was then reelected in
2003 and 2010.
Africa urged to
tackle gender bias in science&tech education
KIGALI Rwanda (Xinhua) --
African governments have been urged to
ensure gender equality in science and technology
education to promote inclusive development.
women are in science and technology career when compared
with men across the continent. African culture
encourages stereotypes that limit the potential of women
in education,” Mabel Imbuga, vice chancellor of Kenya’s
Jomo Kenyatta University of Agriculture and Technology,
said Thursday at a continental conference on enhancing
quality tertiary education across Africa.
hosted the meeting from July 5 to 6 dubbed: “Mobilizing
African Intellectuals towards Quality Tertiary
Education” It is organized under the auspices of the
Sustainable Development Goals Center for Africa (SDGC/A).
meeting has attracted more than 300 intellectuals and
scholars from all over Africa and beyond including heads
of academic affairs, and other representatives of
African academic networks, councils and research centers.
African governments to monitor policies on gender issues
in schools in order to promote the potential of both
boys and girls in science and technologies.
meeting which ended Thursday, participants highlighted
the importance of the consideration of the gender
dimension in education for the achievement of Agenda
Abel Idowu Olayinka, vice chancellor of University of
Ibadan in Nigeria, equal participation in education will
enable men and women to reach full intellectual
potential, which is a boost to social and economic
development of the continent.
also recommended African nations to provide a platform
to African scholars with an interest in undertaking
research on gender relations in African higher education
especially in science and technology.