Economy

Rwanda has expanded its petroleum storage capacity to 118 million litres as the government moves to strengthen the country's energy security and shield the economy from global fuel market disruptions.
The National Bank of Rwanda (BNR) has extended the temporary suspension of Mobicash Rwanda Ltd operations until July 30, 2026, as the regulator continues assessing the company’s compliance with payment service regulations.
Rwanda Revenue Authority (RRA) has announced that tax collections reached Rwf3.956 trillion in the 2025/26 financial year, surpassing the institution’s target by 4.25%.
Construction of a fuel station in Kamonyi District has been halted after concerns were raised over the safety of its location on a raised mound of soil overlooking nearby residential houses.
More than three decades after the 1994 Genocide against the Tutsi, Rwanda has rebuilt itself from a country devastated by conflict into one widely regarded as a fast-growing and reform-driven economy in Africa.
Rwanda has signed a new agreement with Tanzania aimed at strengthening the importation of refined petroleum products through the Port of Tanga, as part of efforts to diversify supply routes and enhance energy security in the region.
As Rwanda marks the 32nd Liberation Day (Kwibohora), the Rwanda National Police and the Rwanda Defence Force have announced that community development projects implemented since March 2026 are valued at more than Rwf 2.7 billion.
All districts across Rwanda exceeded their targets in the Ejo Heza long-term savings scheme during the 2025/26 fiscal year, mobilising more than RWF 14.5 billion against a national target of RWF 12.7 billion.
The Chamber of Deputies has adopted a revised law governing the National Bank of Rwanda (BNR), granting the central bank greater autonomy in key governance, financial and administrative decisions, including recruitment and dismissal of staff.
Rwanda’s Minister of Finance and Economic Planning, Yusuf Murangwa, has said the country’s economy has increased tenfold since the 1994 Genocide against the Tutsi, growing from about $1.4 billion in 1994/95 to approximately $14 billion today.