These new routes will be operated by the airline’s dedicated freighter, the Boeing 738SF, and mark a significant milestone in the expansion of RwandAir’s cargo network.
With these additions, RwandAir’s cargo destinations will increase to seven, further supporting its growth strategy across Africa and the Middle East.
The airline aims to provide efficient and reliable connections for businesses and boost trade opportunities between Rwanda, the UAE, Djibouti, and the rest of the continent.
Yvonne Makolo, CEO of RwandAir, emphasized the importance of these new routes:
“The added destinations will support efficient and reliable connections for business and provide significant opportunities for enhanced trade between Rwanda, the UAE, Djibouti, and the rest of the continent. As a landlocked nation, we recognize the importance of air freight in Rwanda’s economic growth across Africa and beyond. Our geographic location at the heart of Africa enables us to connect every part of the continent, and we eagerly anticipate expanding this connectivity even further.”
The introduction of services to Dubai World Central Airport (DWC) marks RwandAir’s second cargo destination in the United Arab Emirates, complementing its existing operations in Sharjah. The first flight to Dubai departed from Kigali Monday, June 10, 2024.
Starting June 17, 2024, RwandAir Cargo will also commence dedicated freighter services to Djibouti, with connections via Dubai World Central and Sharjah. These flights will operate twice a week on Mondays and Wednesdays, respectively.
Bosco Gakwaya, Director of RwandAir Cargo Services, highlighted the strategic importance of this expansion:
“Our expansion to Dubai and Djibouti strengthens RwandAir Cargo’s role as a key trade facilitator on the African continent and is well aligned with the goals of the African Continental Free Trade Area (AFCFTA), transforming Kigali into a regional cargo hub.”
RwandAir plays a crucial role in Rwanda’s economy, facilitating the transportation of fresh produce, medical supplies, and other essential goods. The new destinations will enhance market reach, offering cargo services to a wider range of businesses and consumers, thereby driving the diverse and growing economy of both the country and the continent.
The airline’s continued commitment to expanding its cargo services is set to bolster Rwanda’s economic growth and strengthen its position as a vital logistics hub in Africa.
The 45,000-seat facility has been undergoing a facelift since August 2022 at a cost of $160 million. Turkish construction company Summa, tasked with expanding the stadium, whose initial capacity was 25,000, is expected to hand over the facility to the government before August this year, paving the way for hosting major events and tournaments.
Ahead of the formal opening of the stadium, photos and videos showing the transformation of the facility have been circulating on social media, gaining admiration from netizens across the African continent and beyond.
Besides the football turf with a cutting-edge hybrid surface, blending natural grass and artificial turf, Amahoro boasts an eight-lane track for athletics events, a paralympic gymnasium, and training facilities for football, handball, and volleyball.
The sports arena has also been fitted with various amenities, including VIP lounges, an Amavubi bar, dressing rooms, washrooms, coaches’ offices, a massage room, a changing room, and a FIFA office.
Additionally, there are rooms for match officials, a medical room, a doping control room, a staff management room, and a Video Assistant Referee (VAR) Room, among others.
Kenyans, arguably the most vibrant online community on the continent, couldn’t help but marvel at the well-equipped, world-class stadium.
“Amahoro Stadium, right here under our noses, in Rwanda. Bwana kwani sisi tulifanyia Mungu nini (What did we do to God)?” Gabriel Oguda wrote on X (formerly Twitter).
Amahoro Stadium, right here under our noses, in Rwanda. Bwana kwani sisi tulifanyia Mungu nini? pic.twitter.com/Rk6XBkkN23
“Amahoro Stadium in Kigali is just superb. Waiting to see how it will finally look once completed later in the year. {Kenya ni mdomo tu tunapiga} (Kenya we are just making noise),” Michal Okinyi opined.
Notably, despite ranking among the biggest economies on the continent and being the first in East Africa, Kenya’s promises to build world-class stadiums in recent years have remained just that—promises.
In yet another attempt to get it right, early this year, the government embarked on an ambitious project to build an ultra-modern facility earmarked to host some of the 2027 Africa Cup of Nations (Afcon) matches.
The construction of the Talenta Hela Stadium, with a capacity of 60,000 seats, began in the capital, Nairobi, in March, with President William Ruto presiding over the groundbreaking ceremony.
The stadium is being constructed by the China Road and Bridge Corporation. The Ministry of Defence has been tasked with supervising the work to ensure the facility meets the required standards and is completed within the set timelines.
RwandAir flies this route three times a week, on Tuesdays, Thursdays, and Saturdays. The return flights from Paris to Kigali depart Paris at 3:30 pm and arrive in Kigali at 6:00 am the next day.
During the launch of the first flight to Paris in June 2023, Yvonne Makolo, the CEO of RwandAir, highlighted the importance of this new milestone for the company and for the relations between France and Rwanda.
She stated, “This new route is of great importance to RwandAir and to Rwanda, as it connects Rwanda to the rest of Africa and to France. It is a long-term project that we have worked on in collaboration with various partners.”
Makolo also indicated that this route constitutes an excellent market, efficiently connecting Africa and Europe, with Kigali as the central hub.
This destination complements the other routes already operated by RwandAir, thus offering travelers from Paris the opportunity to continue their journey to other African countries via Kigali.
RwandAir does not just transport passengers; it plays a crucial role in connecting people, families, and various activities.
Passengers also benefit from the tourism opportunities offered by Kigali, thus contributing to the local economy through the purchase of products and services.
On May 28, 2024, IGIHE reporter Karirima Ngarambe met with passengers on board the RwandAir flight on this route to evaluate the evolution of this service a year after its launch.
The passengers, predominantly Africans, expressed their pride in traveling with RwandAir, highlighting the quality of service and the cleanliness of the aircraft, comparable to other airlines.
A Rwandan passenger stated, “This is the fruit of good governance; boarding the Rwandan airline’s plane, it feels like being at home. When I arrive in Paris from America, I take RwandAir, and I feel like I’m already in Rwanda as soon as I board and greet the people in Kinyarwanda.”
RwandAir uses modern and spacious aircraft, ensuring optimal comfort for all passengers, regardless of their travel class.
The multilingual staff, proficient in English, French, and Kinyarwanda, provide quality service to all passengers.
Three factors encourage travelers to choose this route: the excellent services of RwandAir, the time saved on stopovers, and the possibility of resting in a hotel offered by RwandAir if necessary. For example, a flight from Paris to Kigali can quickly continue to Cotonou, Benin, avoiding long waits (a maximum of 45 minutes for the stopover).
RwandAir flights are in high demand, with load factors consistently between 85% and 100%. Since operating with only 12 aircraft in 2017, RwandAir transported 765,000 passengers. In 2024, with an expanded fleet of 14 planes, they anticipate carrying around 1.1 million passengers.
The company continues to expand its operations, serving more than 28 destinations in Africa, the Middle East, Europe, and Asia.
In 2021, an agreement with Qatar Airways added 65 Arab destinations to its network, with direct flights from Kigali to Doha.
In addition to passengers, RwandAir also focuses on cargo. In late 2022, it acquired a Boeing B737-800SF freighter, capable of transporting at least 23,904 tons, thus meeting the growing demand for freight transportation.
In the coming years, with the completion of the Bugesera International Airport, RwandAir plans to multiply its flights by five. This airport is expected to accommodate 8.2 million passengers and 150,000 tons of cargo per year in its first phase, with its capacity doubling in the long term.
Speaking during the 60th anniversary of the National Bank of Rwanda (NBR) on Friday, June 7, the PM said the central bank had accomplished “great work” over the last six decades, contributing significantly to the growth development of the economy.
“I would like to invite investors to take advantage of the conducive business environment in Rwanda and consider investing in our financial and banking sectors,” Ngirente stated at the event where he represented President Paul Kagame.
According to Ngirente, the central bank’s sound policies have helped the country achieve sustained and broad-based economic growth, leading to a slight increase in GDP per capita over the last thirty years and a halving of the poverty rate during the same period.
He noted that the inclusive economic development of the country has led to even more achievements in the social sectors, promoting the well-being of citizens as witnessed in the increase of life expectancy from 29 years in 1994 to 69.6 in 2022.
“We all recognize that this development would not have been possible without effective coordination of our monetary policies and regulation of our financial systems in general,” the PM noted.
“Indeed, this coordination is commendable and has played a key role in maintaining a stable and well-regulated macroeconomic environment. And we thank the Central Bank for that.”
In order to address emerging risks including uncontrolled use of Artificial Intelligence (AI), money laundering and cybercrimes in financial institutions, the Prime Minister challenged Central Banks and other financial institutions to constantly update their regulatory tools and stay alert to counter these threats.
He also emphasized the need for Central Banks to build their own capacity and understanding to address global geopolitical and climate change challenges, saying the emerging issues have made forecasting future economic variables more complex.
Speaking at the same event, Central Bank Governor John Rwangombwa affirmed that Rwanda’s financial landscape has witnessed tremendous growth over the last three decades, evolving from seven financial institutions before 1994, to a thriving sector today, with 11 banks, 461 microfinance institutions, 12 pension schemes, 18 insurers, 33 payment service providers, 78 foreign currency dealers,50 non-deposit-taking financial institutions, and a credit reference bureau.
“This growth is reflected in a twenty-one-fold increase in the financial assets of our financial institutions from 500 billion in 2006 to 10.5 trillion last year in 2023, and a twenty-two-fold increase in credit to the private sector from 177 billion to 4.2 trillion, over the same period,” he said, adding, “As our financial sector developed, we transitioned to a forward-looking, price-based monetary policy in 2019 to better achieve our inflation goals. Rwanda’s economic performance remained strong, maintaining an average inflation of 5.9% from 2006-2020.”
NEC Chairperson, Oda Gasinzigwa, approved the candidature of three candidates and rejected bids from six others, citing noncompliance with electoral guidelines.
Those who met the criteria include Rwanda Patriotic Front (RPF) chairman and incumbent president Paul Kagame, the leader of the Democratic Green Party of Rwanda, Frank Habineza, and Mbayimana Philippe, who is running for the presidency on an independent ticket.
Six independent candidates, who had expressed interest in the country’s top seat, had their candidature invalidated for various reasons.
Herman Manirareba had his nomination rejected after he failed to submit a list of 600 registered voters supporting his candidature, in line with the commission’s requirements. To qualify to run for the presidency in Rwanda, a candidate must submit a list of 12 registered voters supporting their candidacy from 30 districts across five provinces.
NEC said Innocent Hakizimana submitted voter lists from 28 districts, falling short of two districts. Fred Sekikubo Barafinda’s nomination was invalidated for lacking a valid doctor’s certificate and signatures from twelve districts.
On the other hand, Thomas Habimana suffered a setback in his bid to be president after he failed to provide a list of 12 voters supporting his candidacy from five districts.
Diane Nshimyimana Rwigara, the only woman interested in the race, did not provide a criminal record certificate, citizenship certificate, and a list of voters from eight districts. The law requires that a person running for president must be a Rwandan citizen by origin, with at least one parent being a citizen of Rwanda. The candidate must not hold dual citizenship.
Jean Mbanda only provided a list of signatures from three districts out of the 30 required by the commission.
The law requires that all incomplete documents be submitted before the final list is published on June 14.
The NEC boss, however, announced that the list of voters supporting a candidate cannot be submitted after May 30, 2024, which was the deadline for submitting candidatures. This locks out all six candidates from the much-anticipated poll.
Regarding the parliamentary election, the commission approved lists submitted by six political parties, adding that only one independent candidate met the criteria.
Additionally, NEC approved the list of 181 Women parliamentary candidates, 23 Youth Parliamentary candidates, and seven candidates representing persons with disabilities.
The final list of approved candidates will be unveiled on June 14, with the official electoral campaign period scheduled to commence on June 22.
The retail price for gasoline decreases by RWF 101, to retail at RWF 1,663 per litre for the next two months, while diesel will retail at RWF 1,652, down from RWF 1,684.
The new pump prices will take effect at 9:00 pm on Wednesday.
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“These adjustments are based on recent fluctuations in international petroleum product prices,” RURA Director General Rugigana Evariste explained.
New fuel pump prices for the next two months, effective from 05 June 2024, at 9:00PM. pic.twitter.com/jlTHENxOro
Before the last review in April, which saw the retail price of fuel revised upwards, gasoline was priced at RWF 1,637 per litre, and diesel at RWF 1,632 per litre.
Brent crude oil averaged $90 per barrel in April with the conflict between Ukraine and Russia exacerbating the oil market’s instability.
The price of Brent oil per barrel has been fluctuating ever since to retail at $77.1 on Tuesday, May 4, 2024. Further, the price of West Texas Intermediate (WTI) Crude Oil plummeted by 1.5 per cent to retail at $73, down from the $77.3 on Monday.
Last month, the price of Brent oil was around $85 per barrel, while WTI oil prices hit $81 in May.
The Head of State, credited with spearheading various policy and economic transformations in Rwanda, was honoured during his trip to South Korea, where he attended the inaugural Korea-Africa Summit.
“I would like to thank you for the tremendous honour you have bestowed on me and my country with the award of this honorary doctorate,” Kagame stated in his acceptance speech.
“This is my fourth visit to Korea but my first to the Yonsei campus, I wish that our connection had started much earlier,” he added.
In his speech, President Kagame emphasized the importance of public policy in nation-building, especially in the aftermath of the 1994 Genocide against the Tutsi in Rwanda, saying, “The purpose of public policy is to make our citizens safe, united, free, creative, and prosperous, more or less in that order.”
“We inherited a country that was completely broken and devastated physically, financially, and spiritually. Our people were displaced and divided. Establishing security was our first policy objective; without it, nothing else is possible.”
Founded in 1885, Yonsei University is one of the top private Universities in South Korea. The university boasts of 158 research centres.
The South Korean varsity has multiple campuses, with the Sinchon campus in Seoul as its main location. Other locations include the International Campus in Songdo, which opened in 2010, and the Wonju Campus.
During his visit to the university’s campus in Seoul, President Kagame held discussions with Professor Dong-Sup Yoon and faculty members about furthering the partnership and increasing the number of Rwandan students.
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During the Korea-Africa summit that attracted 48 African leaders, President Paul Kagame called for more partnerships between Africa and South Korea, emphasizing that the two regions stand to benefit from each other’s immense resources and potential.
President Kagame said “the moment was long overdue”, praising Korea as a strategic partner for Africa.
“Korea is a global pivotal state and Africa is a pivotal continent. It’s only natural for us to draw closer together in the years ahead for many reasons. First, Korea knows the value of sovereignty and independence as well as the struggle required to achieve accountable and inclusive politics. Those experiences allow us to look at each other eye to eye with mutual respect and admiration,” President Kagame said in his address on Tuesday.
President Kagame noted that Africa has much to learn from Korea’s rapid economic transformation over the past few decades, emphasizing the need to invest in political stability, health, education, and technology.
“Korea’s experience shows that a country can be radically transformed in the course of a generation. Is there any explanation why Africa has not become a high-income continent? Africa can go much faster and there is no better way than focusing on stability, health, education and technology. All of these are possible depending on how we address our security and governance challenges. Africa’s young people need these opportunities. It’s possible,” the Head of State said.
Africa, President Kagame explained, stands to benefit from cutting-edge innovations from Korea to boost advancements in various sectors, including Artificial Intelligence (AI).
Jinhua comprises two districts, Wucheng and Jindong, four county-level cities, Lanxi, Dongyang, Yiwu, and Yongkang, and three counties, Pujiang, Wuyi, and Pan’an. In 2023, Jinhua’s regional GDP reached an impressive 601.13 billion yuan (more than 80 billion US$), a testament to its robust economic growth.
Renowned for its rich historical and cultural heritage, Jinhua is often referred to as “another hometown of Confucius and Mencius.” The city boasts a 10,000-year-old rice planting civilization and an institution history spanning more than 2,200 years.
Over the centuries, Jinhua has been a cradle for numerous notable figures. Ancient luminaries include writer Song Lian, strategist Zong Ze, Taoist Wong Tai Sin, doctor Zhu Danxi, and musician Li Yu.
In more recent times, the city has produced influential individuals like Chen Wangdao, the first Chinese translator of the Communist Manifesto, historian Wu Han, writer Feng Xuefeng, Chinese painting master Huang Binhong, newspaper publisher Shao Piaoping, musician Shi Guangnan, poet Ai Qing, and scientist Yan Jici. Since China’s reform and opening-up, 1.2 million Jinhua natives have ventured out for development, with over 30,000 high-level talents contributing to the global community.
Strategically located, Jinhua is a central transport hub, essential for connecting various parts of China. The city is the second largest information port in Zhejiang and a national logistics hub for production and trade. With 10 railways and 9 highways, Jinhua and Yiwu stations accommodate 462 high-speed trains daily, directly connecting to 21 provincial capitals. These developments aim to establish Jinhua as a national comprehensive transport hub.
The city’s commitment to environmental sustainability is evident in its green landscapes and clean rivers, earning it the prestigious Dayu Golden Prize for water management. With a forest coverage rate of 61% and Class I drinking water quality, Jinhua is a haven for nature lovers, boasting five national scenic spots and one national 5A tourist area. Prominent attractions include the Double Dragon Cave, the Residence of Lord Shi of the Taiping Heavenly Kingdom, Hengdian World Studios, and Lanxi Zhuge Bagua Village.
Jinhua is also a powerhouse of industry and commerce, playing a pivotal role in Zhejiang’s private economy. The city is notable for its numerous market entities, with over 1.5 million registered businesses, ranking second in Zhejiang. Jinhua was the first prefecture-level city in the province to surpass one million privately or individually owned businesses.
The city hosts 86 markets with annual turnovers exceeding 100 million RMB (approximately 14 million US$) and four surpassing 10 billion RMB (around 1.4 billion US$). Yiwu China Commodity City, Yongkang China Science and Technology Hardware City, and Dongyang China Woodcarvings City are internationally recognized.
Jinhua’s industrial prowess includes 18-billion-yuan-level industrial clusters in sectors such as automotive, hardware, textiles, and medicine. Remarkably, two out of every three safety doors in China are produced in Jinhua, and one in every three TV dramas is filmed there. The city is also a leader in emerging economic models like cross-border e-commerce and influencer marketing, with its express delivery business consistently ranking first in China.
As a trailblazer in reform and opening-up, Jinhua has implemented over 50 national and provincial pilot reform programs. The Yiwu International Trade Comprehensive Reform Pilot Program, the only one of its kind in China, has set a precedent with its innovative “mart procurement” trade model.
Jinhua has also established several significant zones and clusters, including the Yiwu International Trade Comprehensive Reform Pilot Zone, the National Cross-border E-commerce Pilot Zone, the Jinyi New Area, the Hengdian Film and Television Cultural Industry Cluster, and the Zhejiang Free Trade Zone Jinyi Area.
The city’s three major opening-up channels—the Yiwu-Madrid Railway, the Yiwu-Ningbo-Zhoushan Channel, and cross-border e-commerce—connect Jinhua with 233 countries and regions. The city’s exports exceed 1 billion RMB (over 13 million US$) to 80 of these destinations, making Jinhua a significant player in international trade.
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On March 28, Jinhua signed a Sister Cities Agreement with Musanze District in Rwanda’s Northern Province, marking the first such agreement between China and Rwanda and symbolizing a new chapter of friendship and cooperation.
The signing ceremony was attended by Chinese Ambassador to Rwanda Wang Xuekun, Mr. Zhu Chonglie, Secretary of the Jinhua Municipal Committee of the CPC, Nzabonimpa Emmanuel, Executive Secretary of Rwanda’s Northern Province, and Claudien Nsengimana, Mayor of Musanze District.
Ambassador Wang reiterated the embassy’s support for promoting cooperation that benefits both peoples. Mr. Zhu Chonglie expressed Jinhua’s eagerness for better industrial collaboration, closer trade relations, and deeper cultural exchanges with Musanze. Mayor Nsengimana also highlighted that the agreement would enhance mutual understanding and build a brighter future for both cities.
On the same day, Dr. Sylvie Mucyo, Vice Chancellor of Rwanda Polytechnic, and Dr. Zhang Yanping, Vice President of Jinhua Polytechnic, signed a five-year agreement for an exchange program where 30 students from IPRC Musanze will study for two years in Rwanda and one year in China for an Advanced Diploma.
This initiative has already started, with 30 Rwandan students embarking on a year-long study program in China to delve into e-commerce and electrical automation vocational skills at Jinhua Polytechnic in Zhejiang Province.
This agreement follows a longstanding partnership between IPRC Musanze and Jinhua Polytechnic, spanning more than a decade. Notable achievements include the inauguration of the Rwanda Luban Workshop last November, which enhances technical and vocational education training (TVET) in Rwanda. The workshop features a laboratory equipped with new technologies, including robots, to train students.
So far, the partnership has recruited 210 students and conducted “Chinese language plus vocational skills” training for nearly 10,000 people, providing vital support for Chinese-funded enterprises in Rwanda and improving the employability of Rwandan youths. Both China and Rwanda attach great importance to TVET due to its role in human resource development and national transformation.
At the workshop launch, Ambassador Wang said the 10 years of collaboration between Rwanda Polytechnic and Jinhua Polytechnic “reflects the deep friendship between Chinese and Rwandan people, and more importantly, shows what we can achieve through working together.”
Since 2018, IPRC Musanze has graduated over 1,700 students and offers courses in irrigation and drainage technology, construction technology, highway engineering, e-commerce, and information technology. Student enrollment has grown from 171 in 2014 to over 1,800 currently.
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Speaking during the inaugural Korea-Africa Summit in Seoul on Tuesday, June 4, President Kagame said “the moment was long overdue”, praising Korea as a strategic partner for Africa.
“Korea is a global pivotal state and Africa is a pivotal continent. It’s only natural for us to draw closer together in the years ahead for many reasons. First, Korea knows the value of sovereignty and independence as well as the struggle required to achieve accountable and inclusive politics. Those experiences allow us to look at each other eye to eye with mutual respect and admiration,” President Kagame said in his address.
President Kagame noted that Africa has much to learn from Korea’s rapid economic transformation over the past few decades, emphasizing the need to invest in political stability, health, education, and technology.
“Korea’s experience shows that a country can be radically transformed in the course of a generation. Is there any explanation why Africa has not become a high-income continent? Africa can go much faster and there is no better way than focusing on stability, health, education and technology. All of these are possible depending on how we address our security and governance challenges. Africa’s young people need these opportunities. It’s possible,” the Head of State said.
Africa, President Kagame explained, stands to benefit from cutting-edge innovations from Korea to boost advancements in various sectors, including Artificial Intelligence (AI).
“Partnerships with Korea have focused on the cutting edge of innovation, helping bring the latest technologies to Rwanda and Africa more quickly. This summit serves to remind us that even more can be done. From artificial intelligence and robotics to small model nuclear reactors to driving the energy transition with critical raw materials, Africa and Korea should be working side by side.”
He insisted that Africa, on the other hand, has much to offer in its partnerships with Korea, especially in ongoing efforts to create a single continental market for goods and services in Africa through the African Continental Free Trade Area (AfCFTA).
“Notably, by taking advantage of the African Continental Free Trade Area (AfCTA) connecting with Africa, particularly with our very capable young people will pay dividends for decades to come. Africa will be a central driver of global trade before too long so long as we don’t take our future for granted. We have to keep on the path of partnerships such as these one between Africa and Korea. In doing so we may also enhance our cooperation on other matters of mature concern in the global arena.”
During the summit attended by 48 African leaders, South Korean President Yoon Suk Yeol pledged to expand development aid to Africa and pursue deeper cooperation with the region on critical minerals and technology.
Yoon said South Korea plans to expand its cumulative development aid contributions to Africa to around $10 billion by 2030 and separately provide $14 billion in export financing to encourage South Korean investment in the region.
Prime Minister Édouard Ngirente announced President Paul Kagame’s decision to drop Munyeshuli from the Cabinet on Monday evening, citing Article 116 of the Rwandan Constitution regarding the appointment of Cabinet members.
“Pursuant to the Constitution of the Republic of Rwanda, especially in its Article 116, today, 3 June 2024, Ms. Jeanine Munyeshuli has been dismissed from her position as Minister of State for Public Investment and Resource Mobilization in the Ministry of Finance and Economic Planning (MINECOFIN),” Ngirente announced.
However, the Prime Minister did not disclose the reason for Munyeshuli’s sacking.
Communiqué from the Office of the Prime Minister | Itangazo riturutse mu Biro bya Minisitiri w'Intebe pic.twitter.com/T9HCZp4rmi
— Office of the PM | Rwanda (@PrimatureRwanda) June 3, 2024
Munyeshuli joined the Cabinet in August last year. She was the first person to occupy the new ministerial portfolio following the dissolution of the Ministry of Public Investments and Privatisation and the transfer of its functions to the Finance docket.
Previously, the economist and yoga teacher served as a board member of the AZAHAR Foundation.
Cabinet members in Rwanda are appointed by the President in consultation with the Prime Minister.