President Paul Kagame |

Rwandan President Sees Growth Accelerating on Banking, Mining

KIGALI (Capital Markets in Africa) – Rwandan economic growth is expected to accelerate this year and next as the outlook for industries including financial services, tourism and mining improves, President Paul Kagame said. The pace of expansion is expected to increase to 7 percent next year from about 6 percent this year, Kagame said Thursday in an interview in Dubai. That compares with 2016’s growth rate of 5.9 percent, which was a three-year low. The pace of…

Rwanda Asks UN for Details After Anti-Torture Panel Halts Visit

Posted on by The Editorial Team

KIGALI (Capital Markets in Africa) – Rwanda’s government called on the United Nations to publicly describe the impediments the global body said prompted its torture prevention panel to cut short a fact-finding visit to the East African country last week. The UN Subcommittee on Prevention of Torture, which was on the fifth day of its one-week visit, said Oct. 20 it couldn’t continue because of “a series of obstructions” from authorities and fears of reprisals among those…

Climate of Fear Engulfs Rwanda’s Upcoming Vote, Amnesty Says

Posted on by The Editorial Team

KIGALI (Capital Markets in Africa) – Rwandan President Paul Kagame is seeking re-election amid a climate of fear that’s the result of two decades of crackdowns on the political opposition, media and human-rights defenders, Amnesty International said. A report from the London-based group released Friday said freedom of expression, association and peaceful assembly have all been restricted since the Rwandan Patriotic Front came to power in the wake of the East African nation’s 1994 genocide. Opposition politicians…