MTN supports Rwandan development fund
RWANDABy BiztechAfrica - Aug. 25, 2012, 10:28 a.m.
MTN Rwanda has donated Rwf 20million towards Rwanda’s new Agaciro Development Fund, which aims to support development.
The Agaciro Development Fund was officially launched this week, with a boost from individuals, private companies and organizations, who donated a total of Rwf1.2 billion in cash and pledges.
The Fund is described as a solidarity fund initiated by Rwandans themselves to supplement financing received by donors.
Rwanda’s Minister of Finance and Economic Planning, John Rwangombwa, noted that the establishment of the fund was first mooted in last year's Umushyikirano meeting where it was agreed that a mutual fund be put in place specifically to finance rural development as a way of fast tracking Vision 2020.
MORE RWANDA NEWS
ITU awards Rwanda for WSIS ICT4D action planThe ITU has handed two awards to Rwanda for its efforts in implementing WSIS (World Summit on Information Society) in ICT for Development. Read More
Rwanda ranked top business reformer in EAC reportRwanda’s business reforms have been recognised in the World Banks’ latest ‘Doing Business in the East African Community’ report. Read More
Rwanda mobile penetration tops 57%Rwanda now has over 6 million mobile subscribers, for a penetration of 57%, according to the latest statistics from the Rwanda Utilities Regulatory Authority (RURA). Read More
Rwanda ‘on path to economic maturity’Rwanda has successfully issued its first international bond – a sign the country is on the path to economic maturity, says its Finance Minister. Read More
AfDB fund approves Rwandan skills supportThe AfDB has approved an African Development Fund (ADF) grant of USD25.7 million and an ADF loan of USD12.6 million for a Skills, Employability and Entrepreneurship Program (SEEP) in Rwanda. Read More
Rwandan authorities look to improve health, educationRwandan President Paul Kagame this week chaired the 12th meeting of the Presidential Advisory Council (PAC) at Urugwiro Village. Read More
4Afrika launches in RwandaMicrosoft Corporation has launched its 4Afrika Initiative in Rwanda. Read More
Rwanda’s leaders meet on progressRwandan leaders have met to discuss progress to double GDP per capita and increase GDP growth from the current annual average of 8.2% in the last ten years to 11.5% by the year 2020. Read More
e-Mboni launched in Rwanda’s Eastern ProvinceThe Rwandan Ministry of Youth and ICT, in collaboration with Rwanda Development Board, has officially launched a Document Tracking and Workflow Management System named “e-Mboni” in the Eastern Province. Read More
FEATURED STORYICT opens doors for Kenyan slum dwellers
A Nairobi based group is equipping high school girls from Nairobi's slums with ICT skills to help them participate meaningfully in building the economy.
BEST READ NEWS
IN DEPTHDollar-a-month broadband can change Africa
The Microsoft-led 4Afrika TV white spaces project, taking broadband to rural people for as little as a dollar a month, is now expanding in Kenya and launching in Tanzania.