Economy

Foreign visitors spent $161.5 million (over Rwf236 billion) in Rwanda within a three-month period, underscoring tourism’s growing role as a major source of foreign exchange, according to the latest Travel Expenditure Survey released by the National Institute of Statistics of Rwanda (NISR).
The Ministry of Environment has been given a two-month deadline to explain a loss of more than Rwf1.32 billion arising from the failed implementation of a forest harvesting and restoration agreement signed between the Government of Rwanda and SEAL.
Traders across Rwanda, particularly those adding value to food and beverages, are facing a growing challenge: the scarcity and high cost of packaging materials. While local manufacturers produce environmentally friendly options, such as metal cans and paper-based packaging, these remain limited and expensive.
Authorities in Nyagatare District have announced plans to allocate Rwf40 million for a feasibility study aimed at upgrading and expanding the district’s industrial park, in a move designed to attract more investors and boost local manufacturing.
The Government of Rwanda has announced measures to prevent potential shortages of petroleum products as escalating tensions in the Middle East threaten global supply chains.
Rwanda earned more than Rwf 26 billion ($18.5 million) from agricultural exports between February 16 and 20, 2026, the Rwanda Agriculture and Animal Resources Development Board (NAEB) reported.
Kigali, February 24, 2026 – The Government of Rwanda has signed a $78.5 million agreement with the International Fund for Agricultural Development (IFAD) to strengthen the country’s agriculture and livestock sectors. The ceremony was held in Kigali, with Minister of Finance and Economic Planning Yusuf Murangwa representing Rwanda.
The Rwanda Agriculture and Animal Resources Development Board (NAEB) has showcased progress on the Promoting Smallholder Agro-Export Competitiveness (PSAC) project, which supports smallholder farmers growing export crops.
US Senator Steve Daines of Montana has visited the Nyakabingo wolfram mine operated by Trinity Metals, underscoring growing strategic ties between Rwanda and the United States in the critical minerals sector.
Businesses supported by Akagera National Park generated more than Rwf800 million (approximately $555,242) in 2025, benefiting around 1,200 cooperative members living in communities neighboring the park.

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