Capping three years of negotiations, Luxmi Tea has secured 438 hectares under lease from the Rwandan government. By Arkamoy Dutta Majumdar

An impressive track record — that’s what helped Ghana to secure the hosting of this year’s Innovation Prize for Africa (IPA), says the competition’s director Pauline Mujawamariya Koelbl. By Stephen Timm

Eyeing at fostering bilateral relations between India and Rwanda through Science- technology and innovation, the India-Rwanda Innovation Growth Program (IRIGP) was launched earlier this year.
As a part of the initial phase of the program in which IRIGP will deploy 20 Indian technologies and innovations in Rwanda, the IRIGP is inviting applications from the Indian techno entrepreneurs.
The program was announced during the visit of the Indian President to Rwanda in February and works on a phase by phase implementation. During the first phase of 2 years, the IRIGP will invite Indian Tech and Innovation Entrepreneurs through B2B and B2G ventures to stimulate economic impact in the African country.
This will be followed by facilitating an ecosystem for the Rwandan industry. It on the other hand is expected to create market for Indian innovators.
Talking to KNN, Mohan Suresh, Consul General of Republic of Rwanda expressed enthusiasm over the India-Rwanda Innovation Growth Program. The program will prove to be instrumental for both the countries in different fields including agriculture, Healthcare, technology and innovation bringing both the countries closer.
Indian Entrepreneurs with expertise in fields such as agriculture: production and irrigation, dairy processing, food processing and packaging, healthcare, energy, water and sanitation, ceramics and leather and IT as well ICT are invited to apply.
The IRIGP is being executed jointly by Department of Science and Technology (DST), Government of India and National Industrial Research and Development Agency (NIRDA), Government of the Republic of Rwanda. Also Federation of Indian Chambers of Commerce and Industry (FICCI) is a partner in the program. (KNN/ DA)

Speaking on the sidelines of the on-going Afrexim bank annual general meeting, Afrexim Bank president Benedict Oramah said of the total funds to be mobilised, US$10 billion will be mobilised from within the African continent. By Kalonde Nyati

Le ministre des Finances Claver Gatete et la Directrice générale de la BK, Diane Karusisi, ont révélé que la BCP du Maroc était intéressée par l’acquisition d’une participation dans la BK.

The Board of Directors of the AfDB approved on Wednesday, May 17, 2017, a line of credit amounting to US $20 million to the Development Bank of Rwanda (BRD)

Rwanda hosts the YouthConnekt Africa Summit from July 19 to 21. Among the key guest there are President Kagame and Jack Ma, founder and executive chairman of Alibaba Group. By Xinhua

Regional allies show there is power in numbers as they combine forces to carry out vital energy and transport projects. By The Worldfolio