Rwanda said on Tuesday it had signed a $400 million deal to produce bottled gas from Lake Kivu, which emits such dense clouds of methane it is known as one of Africa’s “Killer Lakes”.
Read MoreEarnings from Rwanda’s mineral exports more than doubled to $373-million last year from the previous 12 months, supported by a rebound in global prices of commodities, a top official said.
Read MoreTanzania and Rwanda face the daunting task of mobilising funding for a standard-gauge railway (SGR) line connecting the two countries, following a decision to review the project’s design so that electric, rather than diesel-powered, trains run on the line.
Read MoreMore than 1.1 billion people in developing countries lack access to electricity. Some 590 million live in Africa, where the rural electrification rate is particularly low at only 14%.
Read MoreKIGALI – Rwanda will issue 50 new licenses to mine metals including gold, tin and tantalum this year that may help boost investment in the East African nation by a fifth, the Rwanda Development Board said.
Read MoreNgali Mining has been give the green light to pursue petroleum explorations in Lake Kivu. It is believed that the Rwandan firm, a branch of local investment company Ngali Holdings, from sources at the company, affirmed the progress but did not submit the statement of agreement.
Read MoreWidely used in capacitors for computers and mobile phones, tantalum is certainly an important component in many modern technologies. However, the metal is also known for issues related to conflict minerals, since a large portion of tantalum production comes from the Democratic Republic of Congo (DRC). Looking elsewhere in the world, the US has not produced tantalum since 1959, according to the US Geological Survey (USGS), but the metal is still processed by US companies who import…
Read MoreKenya, Uganda and Rwanda are in the final stages of deciding on a consultant to oversee building a pipeline to pump the region’s new oil bonanza to the coast for export, a senior Kenyan energy ministry officials said on Thursday. In June, the three countries invited bids for a consultant to oversee a feasibility study and initial design for the construction of a 1,300-km (808-mile) oil pipeline to transport crude to the Kenyan coast.
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