US President Donald Trump has defended a deal to bring Russian diesel to international markets, despite senators from both major political parties warning that the move could violate US law.
Russia said on Monday that it had earned more than $320 billion from selling oil and gas products to European countries since 2022, despite sanctions imposed over its war in Ukraine.
Savings held by Rwandans in banks and financial institutions reached RWF 8 trillion in June 2026, up from RWF 7 trillion in June 2025, according to the National Bank of Rwanda (BNR).
Rwanda and Senegal deepen economic cooperation as their investment agencies sign an agreement to promote trade, investment and knowledge exchange.
The United Arab Emirates (UAE) could withdraw some of its investments from the United Kingdom if Manchester City, owned by Abu Dhabi United Group, is sanctioned over alleged financial misconduct.
Prime Minister Dr Justin Nsengiyumva has announced that the value of Rwanda’s international trade increased by 89%, rising from $4.9 billion, equivalent to more than RWF 7.2 trillion, in 2017 to $9.4 billion, or over RWF 13.9 trillion, in 2025.
US Treasury Secretary Scott Bessent called on European partners to make additional diesel supplies available quickly. He said American farmers, truck drivers and businesses should not be forced to carry the full impact of rising fuel costs.
Rwanda’s plans to develop nuclear energy are opening new opportunities for local companies as the country prepares to build the skills and industries needed to support its future nuclear programme.
Kenyan President William Ruto, Ugandan President Yoweri Museveni and Ethiopian Prime Minister Abiy Ahmed joined Nigerian businessman Aliko Dangote at the launch of a $16 billion oil refinery project in Lamu, Kenya.
Burkina Faso’s first gold refinery marks a major step in Africa’s drive to process natural resources locally and boost economic value.
