Economy

The value of digital payment transactions in Rwanda rose by 36.1% in the second quarter of 2026 to Rwf2.78 trillion, driven by growing use of mobile-based financial services.
Construction of a Rwf72 billion ($49 million) Smart Green Village has begun in Kinigi Sector, Musanze District, as Rwanda prepares to relocate families affected by the planned expansion of Volcanoes National Park.
Rwanda has secured financing worth about Rwf278 billion to support development projects and job creation, as the government seeks to diversify its sources of capital while keeping public borrowing sustainable.
The National Bank of Rwanda (BNR) has suspended the issuance of new licences to non-deposit-taking financial service providers that offer lending services, in a move aimed at strengthening standards and sustainability in the sector.
Rwanda has reaffirmed its commitment to strengthening relations with Southern African Development Community (SADC) countries, with Foreign Affairs and International Cooperation Minister Olivier Nduhungirehe calling for deeper regional cooperation to advance peace, economic development and shared prosperity.
Rwanda is targeting a major expansion of its mining industry, with annual mineral export revenues projected to rise to $2.17 billion by 2029 under the National Strategy for Transformation 2 (NST2).
The East African Community (EAC) is working to harmonise food safety regulations across its member states in a move aimed at reducing trade barriers and making it easier for safe food products to move across the region.
Rwanda is seeking to build on record agricultural export earnings by strengthening value addition, product traceability and access to international markets through a new partnership between the National Agricultural Export Development Board (NAEB) and Connect for Impact Advisory Group (C4Impact).
Aston Villa will showcase the “Visit Rwanda” brand on the front of its shirt for the first time in the Premier League when it opens its 2026/27 campaign away to Brighton & Hove Albion on Sunday, August 23.
Young people in Gisagara District are increasingly turning small livestock farming into a profitable business, creating jobs for themselves and others while improving their livelihoods.

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