Business

African leaders and policymakers gathering in Kigali to mark Africa Day said the continent must now focus on economic sovereignty and regional integration more than six decades after political liberation movements swept across Africa.

The Africa Liberation Day celebrations, organized by the Pan African Movement Rwanda Chapter on Sunday, brought together senior officials, diplomats and Pan-African leaders under this year’s theme on sustainable water access and sanitation as part of the African Union’s Agenda 2063 vision.

The third edition of Biashara Africa opened on Monday in Lomé, bringing together African leaders, investors, manufacturers and business executives for a three-day conference focused on boosting trade and industrialisation across the continent under the African Continental Free Trade Area.

Among the leaders attending the opening ceremony were H.E. Faure Gnassingbé, H.E. Wamkele Mene and former Niger President H.E. Mahamadou Issoufou, alongside delegates from across Africa, the United States and Dubai.

Rwanda’s revised national budget of Frw6.95 trillion for the 2025/2026 fiscal year continues to draw attention as implementation moves forward, with citizens and analysts focusing on whether increased development spending is translating into visible change on the ground.

According to the Ministry of Finance and Economic Planning, the budget was revised downward by about Frw80.4 billion**,** mainly due to adjustments in financing arrangements for major infrastructure projects. At the same time, development expenditure increased by more than Frw253 billion, reaching approximately Frw2.1 trillion.

Every year in Rwanda, the government unveils a national budget worth trillions of francs, outlining how public money will be collected and spent. While the announcement often attracts national attention for a short period, many citizens remain disconnected from the process despite the direct impact budget decisions have on their daily lives.

The national budget influences nearly every sector of the economy, including healthcare, education, agriculture, infrastructure, transport and employment. It determines which projects receive funding, where public investment is directed and how government priorities are shaped.

Rwanda is stepping up its role in shaping Africa’s global trade outlook following fresh engagement between the AfCFTA Secretariat and its diplomatic mission in Canada.

On May 5, Wamkele Mene met Prosper Higiro in Ottawa to review progress under the African Continental Free Trade Area and explore opportunities to strengthen Africa–Canada trade ties.

The AfCFTA, which brings together 54 African countries into a $3.4 trillion market of over 1.3 billion people, is increasingly being used as a platform to attract global investment not just boost intra-African trade.

The next chapter of Africa’s trade story will unfold from May 18 to May 20, 2026 in Lomé, as leaders, businesses, and innovators gather for Biashara Africa under the framework of the African Continental Free Trade Area.

This edition comes at a decisive moment. AfCFTA is no longer just a vision on paper. It is a system in motion, with real expectations from governments, private sector players, and millions of Africans whose livelihoods depend on trade.

As the Afreximbank Compliance Forum 2025 is currently underway in Kigali, Rwanda, the continent’s plan to combat illicit financial flows became clear. Artificial Intelligence (AI) is now Africa’s best defense against dirty money.

The forum brought together experts to tackle financial crime, a severe problem that’s far more damaging than just complex schemes.

Mahmoud Mhiri, an Executive Partner at Vneuron, explained that financial crime, particularly Anti-Money Laundering (AML), harms the entire economy. AML is the process where criminals hide funds generated from illegal acts like corruption or fraud by cycling them through the legal financial system.

A simple, yet powerful farming method is driving huge increases in crop production for small-scale farmers in southern Province of Rwanda. Members of Urumuri Cyamukuza Cooperative in Gisagara District are celebrating bumper harvests after adopting Pfumvudza, a climate-smart agriculture technique promoted through the Joint Programme on Accelerating Progress towards Rural Women’s Economic Empowerment (JP RWEE).

This shift from traditional to modern, sustainable practices is reshaping food security, boosting incomes, and giving rural women a stronger voice in community development.

A quiet revolution is transforming the lives of rural women across five districts in Rwanda, turning smallholder farmers into confident entrepreneurs and community leaders. Through the Joint Programme on Accelerating Progress towards Rural Women’s Economic Empowerment (JP RWEE), a global initiative bringing together key UN agencies and the Government of Rwanda to strengthen women’s livelihoods and resilience in agriculture.

The program’s impact is vividly clear in Gisagara District, Southern Province, where women are moving beyond traditional subsistence farming to embrace modern, climate-resilient agricultural practices and market access.

Kigali, Rwanda At the UCI Road World Championships 2025 in Kigali, one of the most inspiring faces in the crowd was not a medal winner but a young Kenyan entrepreneur, Mr. Brian Karoney, in his early 30s. He came to Rwanda not just as a fan, but as the founder of a new cycling team called Airpocket, backed by Enovepay, his Nairobi-based payment company.

For Brian, cycling is more than sport. It is deeply personal. A few years ago, his wife fell seriously ill and needed regular blood donations. The people who donated were mostly cyclists athletes with strong health and open hearts. Their kindness gave Brian more time with his wife before she passed away.