Rwanda shuts the alcohol line of Sina Gerard, the tycoon behind Akabanga chilli oil
Rwanda has shut the alcohol section of Sina Gerard's Urwibutso and arrested its production manager. The juice and food lines remain open.
Rwanda
Rwandan tycoon Hatari Sekoko went from refugee truck driver to owning Kigali's tallest tower
Hatari Sekoko drove trucks as a refugee in Uganda. He now owns Kigali's tallest tower and Rwanda's first Marriott hotel.
Tanzania's Mittal brothers buy their third Vivo Energy business in three months
Mount Meru Group, owned by Tanzanian-raised brothers Atul and Arvind Mittal, is buying Vivo Energy's Rwanda and Malawi fuel businesses.
Bill Gates visits Rwanda to review AI health rollout backed by $50 million pilot
Bill Gates is in Rwanda to review its health and AI progress, months after his foundation and OpenAI made it the launch site for a pilot.
NBA champion Masai Ujiri partners with Hilton to open first Rwanda hotel
Hilton has signed three new Tapestry Collection hotels across Sub-Saharan Africa, including a Kigali property by Masai Ujiri’s Zaria Group.
Paratus Group, led by Schalk Erasmus, expands African footprint with Rwanda launch
Paratus Group, led by Schalk Erasmus, launches in Rwanda to expand reliable broadband access across Africa.
Inside the secretive succession of Rwandan tobacco billionaire Tribert Rujugiro’s empire
When Tribert Rujugiro Ayabatwa died in Dubai in April 2024, he left more than a fortune. From Uganda to Angola, his Pan-African tobacco empire—built on power, politics, and secrecy—passed to his heirs. The story of one of Africa’s most elusive fortunes enters a new chapter.
Sam Darwish's IHS completes $274 million sale of Rwanda operations
IHS Towers, led by Sam Darwish, has sold its Rwandan operations to Paradigm Tower Ventures for $274.5 million, refining its African focus.
Elon Musk’s Starlink, Cisco boost Rwanda’s tech expansion
Starlink and Cisco team up with Rwanda to build a gateway, expand connectivity and train millions for the digital economy.
Sam Darwish’s IHS to sell Rwandan tower assets for $274 million
IHS Holding divests its 1,465 Rwandan towers to Paradigm Tower Ventures for $274.5 million, refocusing on core markets amid global portfolio reshuffle.
Tanzania’s richest man Mohammed Dewji secures land in Rwanda
Dewji is the visionary leader behind MeTL Group, a Tanzanian conglomerate with a diverse portfolio of more than 150 products.
Africa’s youngest billionaire to invest $100 million in four Rwandan firms
Dewji, whose net worth stands at $1.5 billion according to Forbes is Tanzania’s wealthiest man and the youngest billionaire on the continent.
Genocide survivors target $50-million estate of Rwandan mogul Felicien Kabuga
The group is seeking to freeze Kabuga’s properties, estimated to be worth $50 million at the time of his arrest in Paris in 2020.
Elon Musk’s SpaceX secures license to launch Starlink in Rwanda
Musk’s Starlink provides global high-speed, low-latency broadband Internet.
Zimbabwean billionaire Strive Masiyiwa’s ADC to build its first data center in Rwanda
ADC is an affiliate of Cassava Technologies.