African Development Bank Approves US$266-million Electric Grid Loan

Monday October 1, 2018 – Friday October 5, 2018

Economic

In the 2016/7 financial year, Rwanda raised the tax on imported used clothes from $0.20 to $2.50 per kilo and to $4 in the next financial year. This has led the United States warning that should the East African community go ahead with implementing import taxes and eventually banning used clothes, they would lose the benefits of the African Growth and Opportunity Act (AGOA), which allows African countries to export certain items to the US without paying duties.
 
Rwanda will receive a US$266-million loan pledged by the African Development Bank (AfDB) to upgrade the country’s electricity grid. The funded program will support the Government to add over 193,000 new on-grid and over 124,000 off-grid connections. In the period between 2010 and 2018, overall access to electricity in Rwanda has increased from 18% to 44% as the country aims to achieve universal electricity access by 2024.
 
Political

A High Court in Rwanda released on bail President Paul Kagame’s critic, Diane Rwigara and her mother, but ruled that they were not allowed to leave the capital, Kigali, ‘without authorization’.

Monday October 1, 2018 – Friday October 5, 2018

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