Category: Opinion

  • Mobile Money Limited launches ‘BivaMoMotima 3’ to reward merchants with exciting prizes

    To participate, merchants must receive payments from customers through their MoMo code and make payments to other merchants using MoMoPay. Two lucky merchants will each win a pickup truck.

    Speaking at the launch, Chantal Kagame, CEO of Mobile Money Limited, said: “We are proud to launch this campaign as we celebrate a major milestone—reaching 500,000 merchants last year. We had a total of 3.3 million users of the MoMoPay services actively paying these merchants, which aligns with the government’s strategy to drive a cashless economy.

    “This achievement reflects the trust that businesses across Rwanda have placed in Mobile Money as a reliable payment solution. ‘BivaMoMotima 3’ is our way of thanking them and encouraging more merchants to join the MoMoPay network for seamless, secure, and efficient transactions.”

    The ‘BivaMoMotima’ campaign has been a staple of Mobile Money Limited’s commitment to driving digital financial inclusion. This third edition builds on the success of previous campaigns by specifically recognizing merchants, who play a crucial role in the ecosystem. By incentivizing the use of MoMoPay, the campaign aims to reinforce cashless payments as the preferred method for business transactions in Rwanda.

    MoMoPay allows merchants to receive customer payments via a dedicated USSD code, providing a hassle-free alternative to cash transactions. With over half a million merchants already on board, Mobile Money Limited is encouraging even more businesses to register and benefit from the efficiency and security of digital payments.

    Mobile Money Limited remains committed to empowering businesses and driving Rwanda’s digital economy forward, one transaction at a time.

    About Mobile Money Rwanda Ltd

    Mobile Money Rwanda Ltd is MTN Rwanda’s FinTech subsidiary, established on 27th April 2021 to provide and manage Mobile Money services in Rwanda. The company has about 5.1 million subscribers, over 65,000 Mobile Money agents, and over 500,000 MoMoPay merchants across the country.

    With continuous innovations in services such as MoMoPay, MoKash Loans & Savings, Tap&Go bus payments, Bill Payments, International & Regional Remittances, and more, Mobile Money Rwanda seeks to maintain the lead in driving financial inclusion and supporting the digital economy in Rwanda.

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  • Development Bank of Rwanda secures prestigious Green Climate Fund accreditation

    The accreditation was granted during the 41st GCF Board Meeting held in South Korea.

    This achievement positions BRD as a key player in mobilizing climate finance to support Rwanda’s transition to a green economy.

    The recognition allows BRD to access concessional funding at scale, further strengthening Ireme Invest—Rwanda’s flagship climate finance initiative—across the financial sector. By doing so, BRD aims to accelerate sustainable investments and integrate climate considerations into financial portfolios.

    Expressing her enthusiasm, BRD Chief Executive Officer, Ms. Kampeta Sayinzoga, highlighted the significance of this development, explaining how it positions BRD to further its green finance initiatives:

    “This accreditation is a testament to the rigorous efforts BRD has undertaken to champion green finance in Rwanda. It reinforces our position as a key enabler of climate action, allowing us to mobilize concessional resources to green the financial sector. With the support of the Green Climate Fund, we are now better positioned to scale up Ireme Invest and strengthen Rwanda’s climate resilience through sustainable investments.”

    The accreditation also reinforces BRD’s commitment to fostering partnerships that drive climate finance. By working closely with stakeholders in both the public and private sectors, the bank aims to implement climate-smart projects that contribute to Rwanda’s ambitious sustainability goals.

    BRD now joins an elite group of African financial institutions accredited by the GCF, including the Development Bank of Southern Africa, the Development Bank of Nigeria, and the Development Bank of Zambia.

    Other accredited institutions on the continent include, among others, the African Development Bank, the Eastern and Southern African Trade and Development Bank, Africa Finance Cooperation, Banque Ouest Africane De Development (BOAD), ECOWAS Bank
    for Investment and Development, Fonds d’Intervention pour I’Environnement (FIE), KCB Bank Kenya Limited and Ecobank Ghana.

    As Rwanda’s sole development finance institution, BRD has played a critical role in driving the country’s economic transformation since its establishment in 1967. With a strong focus on infrastructure, agriculture, affordable housing, green finance, and exports, BRD continues to position itself at the forefront of sustainable development financing.

    This accreditation is expected to strengthen Rwanda’s financial ecosystem by ensuring that institutions are better equipped to support climate adaptation and mitigation initiatives. It also aligns with Rwanda’s Nationally Determined Contributions (NDCs) and Vision 2050, reinforcing the country’s commitment to climate resilience and low-carbon growth.

    The Green Climate Fund, the world’s largest dedicated climate fund, was established under the UNFCCC to support developing nations in tackling climate change. By providing financial resources for climate adaptation and mitigation projects, the GCF helps mobilize funding for transformative climate action worldwide.

    The Development Bank of Rwanda (BRD) becomes the second financial institution in East Africa and the fourth national development bank on the continent to be accredited by Green Climate Fund.

  • The impact of Rwanda’s work hours on socio-economic growth

    These policies, which align with broader government goals to promote work-life balance and community engagement, carry significant socio-economic implications for the population.

    The policies to mandate early business closures and later work start times stem from Rwanda’s vision of cultivating a holistic approach to societal wellbeing. By closing businesses at 1:00 AM, the government aims to regulate nightlife activities, ensuring public safety and fostering a conducive environment for rest and recovery.

    Similarly, the 9:00 AM work start time allows individuals to begin their day with less stress, fostering stronger family bonds and reducing traffic congestion. Together, these initiatives align with Rwanda’s broader commitment to fostering unity, cultural preservation, and a balanced lifestyle.

    One of the primary benefits of these policies is the promotion of community cohesion. Activities like Umuganda, Rwanda’s monthly national community service day, often occur during these designated hours.

    By reducing work hours and delaying start times, the policies facilitate higher participation rates in such activities, fostering a sense of shared responsibility and collective progress among citizens.

    The combination of early closures and later work start times provides families with more opportunities to spend time together. This is particularly significant in urban areas, where the hustle and bustle of daily life can strain family relationships.

    Strengthening family bonds contributes to the emotional wellbeing of individuals, which in turn supports societal stability. The delayed start of work at 9:00 AM allows parents to spend quality time with their children in the morning before school.

    This opportunity to engage in meaningful interactions, such as having breakfast together or assisting with school preparations, strengthens family ties and provides emotional support to children.

    For parents, this time helps reduce morning stress and fosters a sense of involvement in their children’s daily lives, which is crucial for their development.

    Delaying the start of work to 9:00 AM also provides an opportunity for individuals to engage in early morning sports activities. This shift encourages citizens to adopt healthier lifestyles by allocating time for physical exercise such as jogging, yoga, or team sports.

    Regular participation in sports not only improves physical health by reducing the risk of chronic illnesses like cardiovascular diseases but also enhances mental wellbeing by reducing stress and promoting a positive mood.

    Furthermore, engaging in community sports fosters social connections, contributing to a more cohesive and active society.

    Both policies also serve to encourage greater participation of women in the workforce. The delayed start to the workday allows mothers to manage morning family responsibilities, such as preparing children for school, without the pressure of early commutes.

    By fostering a more balanced work-life environment, these measures reduce barriers that traditionally deter women from fully engaging in professional roles.

    The policies support gender equality by enabling women to better navigate their dual roles as caregivers and contributors to the economy, leading to a more inclusive and equitable workforce.

    While some may view reduced business hours as a potential economic drawback, research suggests that shorter workdays can enhance employee productivity. With limited time to complete tasks, workers often adopt more focused and efficient approaches to their responsibilities.

    The policies also play a vital role in reducing the prevalence of non-communicable diseases associated with stress, prolonged working hours, and substance abuse such as excessive alcohol consumption.

    By encouraging a balanced lifestyle, these measures help individuals prioritize self-care, engage in physical activities, and avoid harmful coping mechanisms. This shift contributes to improved mental and physical health outcomes, reducing the burden on healthcare systems and enhancing overall productivity.

    Another significant benefit of the early closure policy is its contribution to reducing overnight accidents, theft, and other security concerns. By encouraging businesses to close by 1:00 AM, the policy helps to limit late-night activities that often result in road accidents or opportunistic crimes.

    A more regulated evening schedule allows law enforcement to focus their efforts more effectively, enhancing public safety. Furthermore, reduced nighttime economic activity discourages environments that foster substance abuse and related risks, creating safer communities.

    The policy to close businesses early and limit nighttime operations also plays a key role in reducing noise pollution. Excessive noise from bars, nightclubs, and late-night traffic often disrupts residential areas, affecting the quality of life for community members.

    By regulating operational hours, the policy fosters quieter and more peaceful neighborhoods, which is especially beneficial for families, elderly individuals, and students.

    Additionally, reduced noise pollution enhances the quality of sleep for residents. Quality sleep is essential for physical health, mental clarity, and emotional well-being.

    Improved sleep patterns contribute to better productivity, reduced stress levels, and enhanced overall quality of life. This policy, therefore, has far-reaching benefits for both individual health and societal harmony.

    The policies’ impact on small businesses, particularly those in the informal economy, requires careful consideration. While reduced working hours can challenge businesses that rely on late-night operations, the effects are especially pronounced for overnight businesses such as bars, nightclubs, and transport services.

    For these sectors, early closures limit their peak revenue-generating hours, potentially leading to significant financial losses. Bars and nightclubs often thrive during evening and nighttime hours, serving as key venues for socializing and entertainment.

    Similarly, transport services, including taxis and motorcycle taxis, experience high demand late at night. Curtailing these operations disrupts income streams for workers and business owners alike.

    The policies also have a profound impact on youth employment, particularly for individuals working in the nightlife sector. DJs, event organizers, and bar staff are among those most affected, as their work heavily depends on late-night activities.

    The loss of these opportunities not only reduces income but also limits avenues for creative expression and skill development in entertainment industries. To mitigate these challenges, supportive measures such as tax incentives, flexible hours for nightlife businesses, and vocational training programs for affected workers should be explored.

    Such interventions can balance the policies’ social objectives with the economic realities of these critical sectors. The closure of businesses at 1:00 AM could also deter Rwanda’s tourism and hospitality sector. Nightlife is a significant attraction for tourists seeking entertainment and cultural experiences.

    Bars, nightclubs, and late-night restaurants are often pivotal in enhancing a country’s appeal as a vibrant tourist destination. Similarly, the restrictions may discourage international travelers who rely on overnight services such as transportation, food, and recreation during their visits.

    Without strategic adaptations, the policy risks creating a perception of limited entertainment options, which could affect Rwanda’s competitiveness in the regional and global tourism markets.

    For the hospitality industry, early closures might result in lower occupancy rates for establishments that cater to late-night patrons. To mitigate these impacts, Rwanda could explore strategies such as designated entertainment zones with extended hours or specialized permits to support the tourism sector while maintaining public safety.

    The policies may inadvertently influence consumer behavior, encouraging people to shop or access services earlier in the day. This shift could lead to a more evenly distributed demand throughout operating hours, alleviating congestion during peak times and promoting smoother business operations.

    By delaying the start of work, the policy helps stagger commuting hours, alleviating congestion during peak times. This leads to shorter commute durations, lower fuel consumption, and reduced vehicle emissions, contributing to a more sustainable urban environment.

    Beyond economic metrics, these initiatives highlight the importance of measuring wellbeing through social and cultural indicators. By fostering a harmonious balance between work and personal life, the policies contribute to a more satisfied and resilient population.

    While the policies have commendable objectives, their implementation requires careful consideration of their impact on different sectors. To maximize their benefits and mitigate potential drawbacks, the following recommendations are suggested below;

    Firstly, conduct comprehensive impact assessments bearing in mind that regular evaluations of the policies’ effects on various industries and demographics will provide valuable insights for fine-tuning their implementation.

    Secondly, support small businesses by introducing subsidies or flexible work schedules to help small enterprises adapt to reduced hours without compromising their financial stability.

    Thirdly, enhance public awareness through clear communication about the policies’ objectives and benefits to foster public support and cooperation.

    Lastly, explore sector-specific adaptations for industries where late-night operations are critical, such as hospitality and transportation, tailored guidelines can ensure minimal disruption.

    Rwanda’s innovative policies on early business closures and later work start times showcase a forward-thinking approach to balancing economic activity with social and environmental priorities.

    By encouraging community participation, reducing stress, promoting family bonding, and fostering healthier lifestyles, these measures address the holistic needs of the population. Starting work at 9:00 AM complements these efforts by alleviating traffic congestion, supporting early morning activities, and enhancing overall productivity.

    While challenges such as the impact on nightlife businesses and informal economies must be addressed, the potential for these policies to reshape societal norms and enhance overall wellbeing is immense.

    Through strategic adaptations and stakeholder collaboration, Rwanda can continue to lead by example, demonstrating how thoughtful policies can create a more equitable, sustainable, and fulfilling way of life for its citizens.

    The country’s commitment to prioritizing both personal and communal growth is a testament to its vision for a harmonious and prosperous future.

    The author is a policy analyst

  • Catalyst DeepSeek: How China is building global tech competitors

    DeepSeek’s rise has not only reshaped perceptions of China’s AI capabilities but also sent a wake-up call to tech giants. Traditionally, China has played catch-up in AI applications, but DeepSeek’s success proves that China can now compete at the foundational technology level.

    It’s hard to pinpoint exactly how a policy slowly influences the development of a specific technological breakthrough. The chain of causality is complex, but one thing is certain: policies play a pivotal role in creating an environment that nurtures innovation. While greatness cannot be directly planned, a well-designed institutional framework and the freedom to experiment can pave the way for it.

    In late 2017, Chinese President Xi Jinping noted that the country’s economy was transitioning from a phase of rapid growth to one of high-quality development. Over the past few years, we have consistently seen both central and local governments making technological innovation a top priority.

    For example, the restructuring of China’s Ministry of Science and Technology is an effort to make the country’s sci-tech administration more efficient in supporting basic research and leveraging innovation to drive economic growth.

    Additionally, China has established a Central Science and Technology Commission to strengthen the Party Central Committee’s centralized and unified leadership over science and technology-related work. This shift signifies that scientific and technological breakthroughs are now a national priority rather than just a ministry-level concern.

    At the same time, China is placing greater emphasis on integrating fundamental innovation with the market. The rise of DeepSeek, for instance, is no coincidence.

    Hangzhou, the city where DeepSeek was born, has become a birthplace for other exceptional companies, like Unitree (robotics) and Game Science (Yes, the one behind Black Myth: Wukong), all of which owe their success to policies that foster innovation and market-driven growth.

    DeepSeek’s emergence is not an isolated case, but rather part of a broader trend in the city and beyond. More and more cities across China are following this path, creating an increasingly dynamic and innovation-friendly environment.

    DeepSeek’s success doesn’t mean China has surpassed the U.S. in AI, but it sends a clear signal: China can achieve breakthroughs in core technologies. More importantly, it is pushing AI toward a more open and equitable future.

    U.S. restrictions on semiconductors, TikTok, and trade have not stalled China’s tech rise. If anything, DeepSeek proves that external pressure fuels innovation. Ironically, NVIDIA’s market value decline is partially a consequence of America’s own chip export policies.

    From a global perspective, DeepSeek’s open-source approach is a game-changer. It democratizes AI access, accelerating innovation by breaking the monopoly of a few tech giants.

    In the coming years, AI competition won’t just be about technological advancements—it will be a battle of ideologies. DeepSeek has made its stance clear:

    Openness is the future of AI. Those who embrace it will lead the next era. And that may be DeepSeek’s greatest lesson to the world.

    About the Author:

    Yang Zhao is in charge of CGTN’s science, technology, and environmental coverage. He also founded CGTN’s Tech It Out studio, which produces award-winning scientific documentaries, including Human Carbon Footprint, Architectural Intelligence, and Land of Diversity.

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  • Rwanda’s central bank maintains lending rate at 6.5%

    The announcement was made by BNR Governor and Chairperson of the Monetary Policy Committee (MPC), John Rwangombwa, during a press conference in Kigali on Thursday.

    The decision follows the MPC’s meeting on February 12, 2025, where members assessed the impact of previous monetary policy decisions, evaluated recent global and domestic economic developments, and reviewed economic projections for the next three months.

    The 6.5 percent lending rate was first introduced in August 2024 after being reduced from 7.0 percent and was subsequently maintained during the November 2024 meeting.

    Governor Rwangombwa said headline inflation remained within the target range of 2 to 8 percent in the fourth quarter of 2024, despite some upward pressures in food and core inflation.

    The MPC projects inflation will average 6.5 percent in 2025 before declining to approximately 4.1 percent in 2026. However, risks such as geopolitical tensions and adverse weather conditions affecting food prices could exert upward inflationary pressures.

    “The Monetary Policy Committee has decided to maintain the central bank rate at 6.5 percent, a level considered adequate to keep inflation within the target range, with forecasts averaging around 6.5 percent in 2025 and 4.1 percent in 2026,” Rwangombwa announced, adding that the MPC will continue monitoring global and domestic economic developments and stands ready to take appropriate action to ensure price stability.

    In the fourth quarter of 2024, headline inflation rose to 5.2 percent, up from 4.1 percent in the previous quarter. This increase was driven by higher core and fresh food inflation, which offset a decline in energy inflation.

    Core inflation rose slightly from 5.3 percent to 5.4 percent, primarily due to rising costs in housing materials and services, as well as increased input costs for alcoholic beverages.

    Fresh food inflation surged from 0.2 percent to 5.6 percent due to base effects from the previous year’s sharp vegetable price decline. Meanwhile, energy inflation declined due to lower liquid and solid fuel prices.

    For the full year 2024, headline inflation averaged 4.8 percent, significantly down from 14 percent in 2023. This disinflation was largely attributed to improved agricultural production, the lagged effects of prior monetary policy tightening, and government-led measures to curb inflation.

    Rwanda’s economy demonstrated strong growth in 2024, with real GDP expanding by an average of 9.2 percent in the first three quarters, following 8.2 percent growth in both 2022 and 2023. The growth was broad-based, with industry and services sectors registering double-digit expansion, while agriculture rebounded from previous poor harvests.

    “High-frequency indicators show continued growth momentum in the last quarter of 2024, primarily driven by strong activity in the industry and services sectors. The Composite Index of Economic Activity (CIEA) rose by 15.7 percent year-on-year in the fourth quarter of 2024, indicating that the economic growth for the year 2024 will likely exceed the projection of 8.3 percent,” the governor revealed.

    Rwanda’s merchandise trade deficit improved in the fourth quarter of 2024, supported by a 15.8 percent growth in exports, driven by stable commodity prices and strong regional demand for manufactured goods and re-exports.

    Meanwhile, imports recorded a modest 3.3 percent increase, reflecting strong domestic demand for raw materials and energy products. Consequently, the trade deficit narrowed by 3.7 percent in the last quarter of 2024.

    The pressures on Rwanda’s foreign exchange market eased in 2024 compared to the previous year. By December 2024, the Rwandan Franc had depreciated by 9.42 percent against the US dollar, a significant improvement from the 18.05 percent depreciation recorded in 2023.

    Additionally, Rwanda’s gross official reserves stood at 5.4 months of import cover, well above the 4-month benchmark.

    Money market interest rates reflected the central bank’s monetary stance, with the interbank rate averaging 6.78 percent in the fourth quarter of 2024, down from 8.25 percent in the same period the previous year.

    This decline was attributed to the 100-basis point CBR reduction in May and August 2024, as well as ample liquidity in the banking system.

    While short-term lending rates declined, the overall lending rate increased slightly by 7 basis points to 15.85 percent, mainly due to a higher proportion of individual loans, which typically carry higher interest rates.

    The deposit rate also rose by 45 basis points to 10.5 percent in the fourth quarter of 2024, reflecting an increased share of long-term deposits.

    BNR Governor and Chairperson of the Monetary Policy Committee (MPC), John Rwangombwa, addresses a press conference in Kigali on Thursday, February 13, 2025.2i1a8396-b8f35.jpg

  • Saudi business delegation visits Rwanda to explore investment opportunities

    Facilitated by Rwanda’s Private Sector Federation (PSF), the visit seeks to explore potential areas of collaboration between the two nations.

    During their stay, the Saudi delegation will hold meetings with senior government officials and representatives from Rwanda’s private sector.

    “The visit also aims to increase trade between Saudi Arabia and Rwanda, highlighting the existence of numerous investment opportunities that will be unveiled,” PSF said in a statement on Wednesday.

    The delegation’s visit signals growing interest from Saudi investors in Rwanda’s rapidly expanding economy and business-friendly environment.

    Rwanda continues to position itself as a prime investment destination, with strategic policies designed to attract foreign direct investment and drive sustainable economic growth.

    Rwanda and the Kingdom of Saudi Arabia have maintained strong cooperation in health, education, energy, and infrastructure development. Additional opportunities for collaboration exist in technology, finance, tourism, trade, and investment.

    Facilitated by Rwanda’s Private Sector Federation (PSF), the visit seeks to explore potential areas of collaboration between the two nations.

  • Irembo and RICTA partner to avail the RW Domain registration service on IremboGov

    Irembo, a leading digital services provider in Rwanda, termed the strategic partnership a significant milestone in the country’s ongoing digital transformation.

    By making the RW country domain more accessible, this collaboration aims to simplify the process of domain registration, providing a seamless experience for both individuals and businesses seeking to establish a digital presence in Rwanda and beyond. RW domain registration is now available alongside other services provided on the IremboGov platform.

    Through this integration, clients can now purchase RW domains directly on the IremboGov platform, aligning with Rwanda’s vision of building a modern digital ecosystem.

    The addition of RW domain services enhances IremboGov’s comprehensive suite of digital services, empowering Rwandans and international investors with an easy-to-use, centralized platform to access essential online services.

    “Users can now register their RW domains with just a few clicks,” Irembo said in a statement.

    RICTA is a non-profit organization with a mandate to manage Rwanda’s RW country code top-level domain (ccTLD).

    The new partnership is part of RICTA’s broader effort to promote the adoption of the RW domain, which is essential for establishing trust and authenticity in the digital space.

    The RW domain serves as a symbol of Rwanda’s national identity, offering businesses, startups, and individuals a unique opportunity to strengthen their digital presence while supporting the country’s efforts to foster a thriving digital economy.

    The collaboration with Irembo is expected to increase the visibility and adoption of the RW domain, making it the domain of choice within and beyond Rwanda.

    RICTA has affirmed its commitment to ensuring the growth of Rwanda’s internet ecosystem. The integration with IremboGov is a significant step toward achieving this goal.

    By making the RW country domain more accessible, this collaboration aims to simplify the process of domain registration, providing a seamless experience for both individuals and businesses seeking to establish a digital presence in Rwanda and beyond.

  • Why Rwanda stands out as Africa’s leading eco-friendly destination

    Every aspect of tourism in the country is designed to preserve its natural beauty, protect wildlife, and uplift local communities, making it an irresistible destination for travelers seeking meaningful and responsible experiences.

    At the heart of Rwanda’s eco-tourism success is its dedication to protecting biodiversity. The country is renowned for its conservation efforts, particularly in safeguarding the critically endangered mountain gorillas in Volcanoes National Park.

    Unlike mass tourism destinations, Rwanda enforces strict regulations, limiting the number of daily trekking permits to minimize human impact while ensuring that tourism revenue directly funds conservation initiatives and benefits local communities.

    Gorillas in Volcanoes National Park

    Through the Tourism Revenue Sharing Program, 10% of park revenues support local infrastructure, education, and healthcare. Since its inception, over $12 million has been invested in projects benefiting communities near Volcanoes, Akagera, and Nyungwe National Parks, fostering conservation and economic growth.

    This approach has not only led to a rise in gorilla populations but has also provided sustainable livelihoods for many Rwandans. Beyond gorillas, the country’s diverse ecosystems, from rainforests to wetlands and lakes, offer travelers immersive experiences with nature while reinforcing the importance of responsible tourism.

    Rwanda’s commitment to sustainability extends far beyond its protected parks. The country has pioneered progressive environmental policies, including its 2008 ban on plastic bags, an initiative that has contributed significantly to Kigali’s reputation as Africa’s cleanest city.

    The capital’s well-maintained streets, efficient waste management systems, and community-driven initiatives like Umuganda, a monthly nationwide cleanup, demonstrate how deeply sustainability is woven into Rwanda’s identity.

    Kigali’s transformation into a modern, green city reflects the country’s broader efforts to balance development with environmental consciousness, ensuring that tourism growth aligns with long-term sustainability.

    For those eager to explore Rwanda’s eco-friendly attractions beyond its national parks, a variety of destinations across the country showcase conservation, community involvement, and responsible tourism.

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    In Kigali, Nyandungu Eco Park has turned a once-degraded wetland into a thriving green space with walking trails and restored indigenous flora, offering a peaceful escape within the city.

    Lake Muhazi in the Eastern Province provides a serene retreat with eco-lodges promoting sustainable tourism through kayaking, fishing, and low-impact recreational activities.

    Further north, the scenic Twin Lakes of Ruhondo and Burera offer breathtaking views and opportunities to support local communities through canoe excursions and cultural experiences.

    In the west, the Gishwati-Mukura landscape stands as a testament to Rwanda’s reforestation efforts, where visitors can witness conservation in action while engaging with agroforestry projects that empower surrounding communities.

    The rolling green fields of Kitabi Tea Estates in the south present another unique experience, allowing travelers to learn about sustainable tea farming while enjoying the beauty of Rwanda’s lush countryside.

    A view of Nyungwe National Park canopy walkway

    This is just a glimpse of what Rwanda has to offer. Once you’re here, you’ll have the chance to explore even more, and the experience will be nothing short of amazing.

    Rwanda’s holistic approach to sustainable tourism is not only gaining international recognition but also delivering measurable success. Tourist arrivals increased from 521,000 in 2021 to 1.4 million in 2023, and projections indicate that these numbers will continue to rise, potentially doubling by 2029.

    The government’s Green Growth and Climate Resilience Strategy ensures that tourism development remains aligned with environmental preservation and economic inclusivity.

    Whether exploring its pristine wetlands, relaxing by its tranquil lakes, or trekking through its biodiverse forests, visitors leave with more than just memories; they depart with a deeper appreciation for a country that is setting the gold standard for sustainable travel in Africa.

    Rwanda has pioneered progressive environmental policies, including its 2008 ban on plastic bags, an initiative that has contributed significantly to Kigali’s reputation as Africa’s cleanest city.

  • Catalyst DeepSeek: The innovation behind its cost efficiency

    Let me start with my conclusion: DeepSeek’s key to success is maximizing efficiency under constraints.

    Due to U.S. chip export restrictions, Chinese companies cannot access cutting-edge AI chips like NVIDIA’s H100, which are superior in bandwidth and communication speed. This forced DeepSeek to innovate under hardware limitations, pushing efficiency to the extreme by minimizing computational waste and maximizing every GPU cycle.

    Here’s some examples on how DeepSeek optimized its performance:

    • MoE (Mixture of Experts): Traditional models like GPT-3.5 activate the entire model for every task. DeepSeek’s MoE approach divides the model into multiple specialized “experts” and only activates the necessary ones, significantly improving efficiency. This means that instead of using all of the model’s resources for every task, only the parts that are most relevant are used, which reduces computational overhead.

    • DeepSeekMLA (Multi-head Latent Attention): This technique compresses memory usage by focusing on key contextual information rather than storing everything—akin to remembering the essence of a book rather than every word.

    Latent attention helps prioritize the most important data, allowing DeepSeek’s model to store and process fewer, more relevant pieces of information while maintaining high performance. By selecting only the critical data, DeepSeek reduces the strain on memory and speeds up processing,

    • Precision Optimization: Instead of using high-precision formats like BF16 or FP32, DeepSeek stores parameters in FP8, reducing memory requirements without significant loss of accuracy. Imagine replacing high-resolution images with well-detailed sketches—less data, same impact.

    In DeepSeek’s technical report on its V3 model, they mention that their training utilized NVIDIA’s H800 GPUs. The emergence of this product is tied to the U.S. government’s chip export restrictions imposed on China. The H100, one of the most powerful GPUs for AI training, was unavailable to Chinese companies due to these restrictions, which led NVIDIA to create the H800 as a “scaled-down” version to comply with export controls.

    So, what exactly does “scaled-down” mean? The primary difference lies in the cross-GPU communication bandwidth—when AI tasks need to be distributed across multiple GPUs, they require fast data exchange, similar to a group of workers collaborating on a task. If the bandwidth is restricted, this communication slows down, impacting the overall computation efficiency. The NVLink bandwidth in the H800 is significantly reduced, much like workers going from face-to-face communication to using walkie-talkies, resulting in less efficient collaboration.

    DeepSeek’s approach is Skipping the “Commander” and Doing It Themselves. NVIDIA already provides a high-level management system for GPU computing—CUDA(Compute Unified Device Architecture).

    Think of CUDA as a factory manager who can automatically assign tasks to workers (GPU cores) without the user needing to worry about low-level details. However, in the case of the H800’s limitations, DeepSeek found that the default scheduling method provided by CUDA wasn’t sufficient for their extreme optimization needs.

    To overcome this hardware bottleneck, DeepSeek’s engineers decided to bypass CUDA and directly control the GPU with lower-level instructions. They used a programming method called PTX (Parallel Thread Execution), which is much more granular than CUDA. If CUDA is a high-level “manager” in a factory, PTX is the act of directly instructing each worker (GPU core) individually. While this approach increases development complexity, it allows DeepSeek to fine-tune task distribution, improving the H800’s performance and compensating for the bandwidth limitation.

    DeepSeek demonstrated that even with the H800’s limitations, extreme optimization could still maintain high efficiency in AI training. This means that the impact of NVIDIA’s restricted version of GPUs might not be as significant as initially anticipated. The market began to reassess the viability of AI development in China and whether there would be a future reliance on NVIDIA’s high-end chips. This series of events could be one of the factors contributing to the drop in NVIDIA’s stock price.

    Of course, there are many reasons for NVIDIA’s stock price drop. Aside from DeepSeek’s breakthroughs, the market is also concerned that more AI companies might explore alternatives to NVIDIA’s ecosystem, such as products from AMD, Intel and domestic chipmakers. DeepSeek’s success isn’t just a technical breakthrough—it could also be signaling a shift in the AI industry’s landscape.

    About the Author:

    Yang Zhao is in charge of CGTN’s science, technology, and environmental coverage. He also founded CGTN’s Tech It Out studio, which produces award-winning scientific documentaries, including Human Carbon Footprint, Architectural Intelligence, and Land of Diversity.

    DeepSeek is a free AI-powered chatbot that looks, feels, and functions similarly to ChatGPT.