Industrialists urged to lead Rwanda’s industrial growth

On Thursday, Rwanda celebrated the 2024 Africa Industrialization Day under the theme “Empowered Private Sector for Desired Industrialization and Structural Economic Transformation.”  The event brought together leaders from government, the private sector,... Read more »

Rwanda’s Economy Registers Strong Growth in Early 2024 Despite Persistent Challenges

Rwanda’s real GDP grew by 9.7% in the first quarter of 2024, exceeding the previous year’s growth rate of 8.2%. The latest edition of the Rwanda Economic Update (REU), launched today, highlights... Read more »

African Governments urgently need to restore macro-economic stability and protect the poor in a context of slow growth, high inflation

Global headwinds are slowing Africa’s economic growth as countries continue to contend with rising inflation, hindering progress on poverty reduction. The risk of stagflation comes at a time when high interest rates... Read more »

Global Growth: Modest Pickup to 2.5% in 2020 amid Mounting Debt and Slowing Productivity Growth

Kigali: Global economic growth is forecast to edge up to 2.5% in 2020 as investment and trade gradually recover from last year’s significant weakness but downward risks persist, the World Bank says... Read more »

Growth in Sub-Saharan Africa remains below 3% three years after crisis

Albert Zeufack, World Bank Chief Economist for Africa Growth in Sub-Saharan Africa has been downgraded to 2.3 percent for 2018, down from 2.5 percent in 2017, according to the April 2019 issue... Read more »