Residents of Huye District have welcomed the steady development of the Sovu Industrial Zone, saying it is already improving their livelihoods through job creation and economic growth. Local authorities say the industrial zone remains a priority area for investment, with continued improvements in infrastructure aimed at attracting more industries and increasing productivity. Growing Opportunities for…
A group of vulnerable elderly women in Huye District say a project meant to lift them out of poverty has left them in financial distress. The women were given more than three million Rwandan francs to invest in poultry farming. Instead of profits, they report heavy losses. Project Aimed to Reduce Poverty The beneficiaries are…
In Kirehe District, 90 families received cows through Rwanda’s Girinka program, also known as “One Cow per Poor Family.” The initiative, run under the RDDPII project in partnership with Heifer International Rwanda, aims to improve nutrition, provide fertilizer, and support local livelihoods. Cows Delivered Across Three Sectors On January 14, 2026, officials delivered cows to…
Major U.S. banks posted higher profits in the fourth quarter, supported by rising demand for loans, a sign that the U.S. economy remains resilient and supportive of future earnings growth for lenders. Loan Demand Signals Economic Strength Bank of America reported an 8% year-on-year increase in average loans, while its net interest income reached a…
Rwanda has aviation fuel storage facilities with a total capacity of 12 million litres. The announcement comes from the Rwanda Energy Group (REG) as part of a broader update on national petroleum reserves. Overall, Rwanda can store up to 118 million litres of petroleum products. These reserves include both government-owned and privately owned facilities across…
