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Bralirwa's US$40M Issue N0 26- Dec - 2012 1 Issue 26 DEC 2012 FREE COPY Bralirwa’s US$40mLabour Minister investment advances to plan Tigo and Reach for Change Sulfo Rwanda Industries INILAK 15 Years of developing Award Social Entrepreneurship An Important milestone in competitive professionals for initiative winners a 50 year journey the job market. www.hope-mag.com www.hope-mag.com Rwf 18,000 www.startimes.co.rw Make this Christmas Special! This holiday season, Buy 3 months and enjoy one Month free for any bouquet you want! RWF Hotline: 5033 Promotion valid from the 9th of November 2012 to the 31st of January 2013 Email:[email protected] 4 ISSUE N0 26 - Dec - 2012 CONTENTS 7 RPF continues to 16 Lakes Consortium 30 YWCA registers good personify hope. Limited With the results in transforming 8 GroFin’s model surging city Population, communities and of combining finance developers ought to be empowering Rwandan and business support at their best! Women and girls ideal for growth of the 18 Sulfo Rwanda 34 Deepening to be small and medium Industries An key aspect of new 5 enterprises (SME) Important milestone in year plan for Rwanda’s Happy 25th RPF Anniversary sector in Rwanda a 50 year journey capital markets Celebrations and a happy Festive Season P8 P18 P38 10 Tigo and Reach 22 SKOL Proud 36 Bralirwa takes for Change Award 3 sponsor Tour of Rwanda greening values to Social Entrepreneurship cycling competition schools initiative winners 2012 38 INILAK 15 Years of 12 Bralirwa’s US$40 28 Nakumatt developing competitive COVER PHOTO million investment Millionaires Christmas professionals for the job Bralirwa Factory advances to plan. kicks off market. upgrade in Progress Property Development Houses for Sale in Rwanda in Sale for Houses Development Property Property Development Houses for Sale in Rwanda [email protected] [email protected] It enjoys easy access and proximity to the MTN Center, schools Kigali Golf Club and the Kibagabaa hospital. Designed and Bbuilt by Thomas & Piron Piron & Thomas by Bbuilt and Designed hospital. Kibagabaa the and Club Golf Kigali schools Center, MTN the to proximity and access easy enjoys It It enjoys easy access and proximity to the MTN Center, schools Kigali Golf Club and the Kibagabaa hospital. Designed and Bbuilt by Thomas & Piron Grands Lacs, the residential units come in three typestailored to meed the needs of modern families . Sunset Villas is an eco friendly development friendly eco an is Villas Sunset . families modern of needs the meed to typestailored three in come units residential the Lacs, Grands Grands Lacs, the residential units come in three typestailored to meed the needs of modern families . Sunset Villas is an eco friendly development with a central sewage treatment system and rain water harvesting tanks equiped with pressure pump so that it can easily be used in the every day life. life. day every the in used be easily can it that so pump pressure with equiped tanks harvesting water rain and system treatment sewage central a with with a central sewage treatment system and rain water harvesting tanks equiped with pressure pump so that it can easily be used in the every day life. The houses have been designed to oer a lot of natural light. Whether you want to move in your family or to put it for rent, the Sunset villas denately denately villas Sunset the rent, for it put to or family your in move to want you Whether light. natural of lot a oer to designed been have houses The The houses have been designed to oer a lot of natural light. Whether you want to move in your family or to put it for rent, the Sunset villas denately represent an excellent long term investment term long excellent an represent represent an excellent long term investment A THOMAS & PIRON GRANDS LACS INVESTMENT Visit us at www.kibasunsetvillas.com at us Visit INVESTMENT LACS GRANDS PIRON & THOMAS A A THOMAS & PIRON GRANDS LACS INVESTMENT Visit us at www.kibasunsetvillas.com Property Development Houses for Sale in Rwanda Issue N0 26- Dec - 2012 7 Telling Rwanda’s Story MAGAZINE RPF PUBLISHER: Rebero Daniel continues to personify hope MARKETING: Albert Ndata The RPF story is one of personifying hope in more ways Leonard Shema than one. The journey of RPF, in a short spell of time Allosson Kojwang has, with its leadership, taking long jumps and reaping bumper harvests that have been, with all the leaps, equally shared amongst all Rwandans is a telling register SPECIAL PROJECTS: of commitment to a cause, to a people, to a nation. Kakimba Mansur [email protected] Fred Oluoch - Ojiwah he creation of RPF as a party, social cohesion and political maturity. PHOTOGRAPHY: with its roots in RANU from Today we are celebrating as one people, whence its activities were building one nation and focused towards James Rocks T born, with the vanguard developing the a common destiny. We do, with a lot of philosophy, aspirations and political fervor celebrate a great many innovations DESIGN/LAYOUT: frameworks, mobilization done by summoned into the development equa- Dani.K volunteers, from far and wide, all poor, tion to extricate Rwandans out of pover- some educated and others not, every- ty and need all the time. CONTRIBUTORS: thing hinged on one thing-hope. The RPF-led government has registered Kakimba Mansur Through the times RPF/A has metamor- enviable levels of development with mil- Matthew Wilson phosed from a bush outfit to an insight- lions of Rwandese lifted out of poverty in Abrahim Rumanzi ful and rare breed of patriotic minds. the recent past. The reconciliatory efforts Fred Oluoch - Ojiwah It was the commitment, and the look have been cutting across, at times inter- Hassan N. to and hopping towards hope, with the spersing with and supported by such de- flames of patriotism lit and fuelled by the velopment programmes as Girinka. We Moses Mekenye leaders of RPF that built that strong foun- are talking of programmes that are, on dation that gave RPF a strong impetus, the whole only unique to Rwanda. PUBLISHED BY: joined by a people so young in the body Hope Magazine Ltd but very mature and so patriotic in the So as we celebrate the 25 years of RPF, P.O. Box 6176 Kigali, Rwanda mind. That spirit lit then refused to die, we are celebrating many things; walk- persisted against all odds. ing the road out of poverty, the long walk to reconciliation, the universal ADVERTISING & Today, 25 years down the road, what do access to medical and education ser- GENERAL INQUIRIES: we celebrate? We celebrate economic vices, financial inclusion and a plethora P.O. Box 6176 Kigali, Rwanda progress, a journey well travelled with of other gains. The onus is upon every +250 788 524189 RPF in the lead, we celebrate univer- Rwandan, to continue walking the good +250 788 404138 sal access to education, health services, walk, work with the leadership and peace and security. We celebrate that consolidate the gains where they have Email: [email protected] once lost and strangled commodity, been so registered. Website: hope-mag.com Enjoy reading the rest of the Magazine. We appreciate your feedback. Please keep Copyright 2012 sending more on [email protected] or visit www.hope-mag.com to It enjoys easy access and proximity to the MTN Center, schools Kigali Golf Club and the Kibagabaa hospital. Designed and Bbuilt by Thomas & Piron reserved by Hope Magazine post your comment on any published story. We shall pick it and respond to you asap! Grands Lacs, the residential units come in three typestailored to meed the needs of modern families . Sunset Villas is an eco friendly development Hope Magazine a monthly with a central sewage treatment system and rain water harvesting tanks equiped with pressure pump so that it can easily be used in the every day life. The houses have been designed to oer a lot of natural light. Whether you want to move in your family or to put it for rent, the Sunset villas denately Magazine is published by Hope represent an excellent long term investment Magazine Limited. Happy 25th RPF Anniversary Celebrations All rights reserved. and a happy Festive Season The opinions expressed in the A THOMAS & PIRON GRANDS LACS INVESTMENT Visit us at www.kibasunsetvillas.com magazine are not necessarily those of the editors and pub- lishers of Hope Magazine. Rebero Daniel www.hope-mag.com 8 Capital Outlook GroFin’s model of combining finance and business support ideal for growth of the small and medium enterprises (SME) sector in Rwanda Research has shown that it is not only access to nance that is important for SMEs to succeed but also business support needed to assist entrepreneurs to grow their businesses. Finance and value-adding business support offered as a pack- age helps addresses the core challenges SMEs face improving their chances of success. Children can now access Quality education with GroFin’s support . his particular thinking The organization has 14 offices across 12 coun- Finance institution, The Shell Foundation, is given more promi- tries and current expansion plans will see this European Investment Bank, The Netherlands increasing to 17 offices in 15 countries with Development Finance Company(FMO), nence when one con- approximately USD550 million in committed Norfund and Proparco amongst others”. Bugabo siders the high mor- capital by the end of 2013. Christian Bugabo, adds; “There are a number of challenges SMEs tality rate of Rwanda’s Acting General Manager at GroFin Rwanda face. Typically many of these are proportion- SMEs. Official statis- says; “Our ability to effectively combine appro- ately much more difficult to resolve or manage tics from the Ministry of Commerce priate finance and expert business support in than it could apply for large businesses.
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