A delegation of Luxembourg businessmen visited Rwanda on June 10, 2019, in the framework of the first Rwanda-Luxembourg Business Forum organized by the RDB (Rwanda Development Board) and the Luxembourg Chamber of Commerce.
During the forum, fifteen Luxembourg companies expressed their interests in the Rwandan IT sector that highlights the country as an African tech and digital pole.
According to Guy Baron (photo), director of investments at the RDB, apart from the IT sector, those businessmen were also interested in investment opportunities in the construction, consumer goods and industrial sectors.
“We have found a lot of commonalities between our countries’ economic development agenda. There is a lot of potential to work together through partnerships even at the level of working with small and medium companies,” said Jeannot Erpelding, Director of International Affairs from the Luxembourg Chamber of Commerce.
Ethio Telecom has signed a new agreement with Ericsson to expand and modernize its telecom netwo...
The BCEAO cut its main policy rate by 25 basis points to 3.00%, effective March 16. Inflation...
Central Bank of Nigeria said 20 commercial banks have met new minimum capital requirements, with...
EIB commits over €1 billion for renewable energy in sub-Saharan Africa Funding supports Miss...
Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...
Burkina Faso’s Mining Development Fund raised CFA85.72 billion ($152 million) in 2025. Authorities allocated 59% of the funds to the Patriotic...
Climate change could reduce Somalia’s GDP by up to 13.5% by 2060, according to a World Bank report. Agriculture accounts for more than 70% of GDP...
Mozambique’s private sector discusses technical cooperation with Thai rice industry players to boost local production. Mozambique produces less...
Kenya’s foreign exchange reserves increased to $14.59 billion on March 5, up from $12.53 billion a week earlier. The reserves now...
Located about forty kilometers east of Lomé along the Gulf of Guinea, Aného is one of the most historically significant towns in Togo. Nestled between a...
African-born artists generated $77.2 million in auction sales in 2024, down 31.9% year-on-year. Women artists accounted for about $22...