Rwanda

Only 35% of the mined minerals, which by the end of 2021 earned $516 million, are recovered in Rwanda. However, the mining board asserts that it requires a recovery rate of at least 60% in order to hit the aim of $1.5 billion in export revenue by 2024. Rwanda wants …

Local mining and energy industry players are preparing for the opportunities that the Commonwealth Heads of Government Meeting (CHOGM) will bring to Rwanda. In June, the meeting will be held in Kigali, Rwanda. The Rwanda Development Board (RDB) met with several actors in the two sectors on Thursday, March 3, …

The decision by BHP to invest $100m in private UK miner Kabanga Nickel, which is developing a huge nickel project in Tanzania, marks a further shift in strategy for BHP, which has traditionally focused on less risky mining jurisdictions such as Australia, Chile and Canada that have been extensively developed. …

Dafo Vehicle Fire Protection has started a partnership with Twakei Vehicle Fire Protection based in Nairobi, Kenya. Twakei is a specialist engineering company providing fire suppression services in Kenya, Tanzania, Ethiopia, Uganda, Sudan, Eritrea, Southern Sudan, Rwanda, Burundi, and Somalia. “We are very excited to join Dafo Vehicle’s family because …

To boost production and accelerate recovery from the Covid-19 impacts, small-scale mining companies have begun the process of merging their operations into collective investment groups. The Covid-9 epidemic wreaked havoc on the mining industry. According to Narcisse Dushimimana, the Head of Mining Regulation and Inspection Department at Rwanda Mines, Petroleum …

Nearly 77,470 rural households in south Rwanda will be electrified thanks to loans and grants from the African Development Bank (AfDB) Group. The funds will be used to help Rwanda achieve universal electrification by 2024 through a project called Transmission System Reinforcement and Last Mile Connectivity, according to the AfDB. …

The Investigation and Policy Group, The Sentry, has advised that the US and the EU must work with African governments to harmonize gold export taxes to reduce smuggling and promote conflict-free gold. Uganda, Rwanda, the Democratic Republic of Congo (DRC), the Central African Republic (CAR) and Cameroon are the countries …

Rwanda is further developing economic relations with Qatar, this development has been bolstered by the two countries signing a Double Taxation Avoidance Agreement (DTAA) recently. The agreement aims to deepen economic cooperation between the two countries. The Agreement shall specify the taxation rights of the Contracting States in respect of …

Brian Menell, a renowned South African mining, oil and gas and banking businessman, among other industries, reported that in the next two years, TechMet, a UK-based mining firm, will deploy more resources worth $20 million (approximately Rwf19.5 billion) into its Rwanda operations. He confirmed this during a virtual press conference …

Rwanda Officials are now looking at mining with the expectation that the sector will be able to boost the country’s economic recovery in the medium term. The country is looking at ways to increase the production of minerals to attract more foreign exchange earnings after the Covid-19 outbreak, which has …