Business & Economy

May 8, 2024 Iris News

The AfCFTA Investment Protocol: What Does it Mean for Burundi?

African governments coming together to put short-term greed aside by agreeing to eliminate tariffs via the AfCFTA is a commendable step, but the lack of trade infrastructure poses a significant non-tariff barrier. For the CDE Great Lakes, the solution to this barrier lies in the AfCFTA investment protocol. Analysis. The African Development Bank reports that […]

June 12, 2023 Avatar photoPrince Musore

Burundi’s Currency Exchange Industry Faces Scrutiny amid Compliance Concerns

The Prime Minister of Burundi, Lt-Gen Pol. Ndirakobuca_Gervais, held a meeting with stakeholders in the currency exchange sector on June 12, 2023. The meeting was held in response to concerns about the sector’s compliance with rules and regulations set by the Burundi’s Central Bank. During the meeting, several decisions were made to address the issues […]
0 2min 1273

June 12, 2023 Iris News

Purchasing Problems: Old Banknotes No Longer Accepted, New Ones Hard to Get

Since the Central Bank’s decision to cease the use of old banknotes of 5,000 and 10,000 BIF, people are facing difficulties purchasing goods and services as the old banknotes are not being accepted on the market, and the new ones are not readily available. The withdrawal of the old banknotes dated July 04, 2018, has […]
0 2min 1242

June 8, 2023 Avatar photoBienfait Cakweri

CREOP-Jeunes Launches a New Entrepreneurial Incubation Center in Bujumbura

On June 7th, 2023, a new entrepreneurial incubation center in Bujumbura was launched at the CEPRODILIC Hotel by CREOP-Jeunes. The center is aimed at creating a supportive and nurturing environment for young and women entrepreneurs. The event was organized by CREOP-Jeunes in collaboration with Université Lumière de Bujumbura under the theme “Contributing to the education […]
0 3min 1228

April 11, 2023 Iris News

Burundi secures $261.7 million in IMF funding to support economic recovery

Burundi has been hit hard by several shocks, including the effects of the COVID-19 pandemic and limited foreign exchange availability for imports. This has led to a challenging economic situation with a high cost of living. In order to ease this situation, Burundi has sought help from the International Monetary Fund (IMF) and the two […]
0 1min 1232

April 10, 2023 Avatar photoPrince Musore

East Africa’s Video Gaming Industry: A Hidden Economic Potential

As you delve into this article, one industry is ascending to new heights – the gaming market. With the recent COVID-19 outbreak, this industry has seen an unprecedented surge. Despite this global trend, the gaming industry in Burundi has faced significant hurdles and remains hidden in the shadows. Nevertheless, the gaming market worldwide is skyrocketing […]
0 7min 1291

April 8, 2023 Evariste Niyonkuru

Halting Fishing to Heal the Lake: Tanganyika’s Three-Month Sustainability Plan

The biodiversity of Tanganyika Lake, one of the world’s natural wonders and the deepest freshwater lake in Africa, is in danger due to human activities in the region. In response, authorities from the four countries sharing the lake’s waters – Burundi, Democratic Republic of Congo, Tanzania, and Zambia – have collectively decided to suspend fishing […]
0 4min 1219

March 12, 2023 Evariste Niyonkuru

A Tale of Opportunity: In Cibitoke, Mushroom Farming Cooperative Prospered in Wake of Rift Valley Epidemic

As a result of the Rift Valley epidemic in mid-2022, a ban on animal slaughter was put in place, prompting the Imbo people – who are big fans of meat – to switch to edible mushrooms. This presented an immense opportunity to COPEJC, a cooperative of young people who specialise in mushroom farming. The Imbo […]
0 5min 1056

March 6, 2023 Avatar photoPrince Musore

Burundi’s Digital Leap: How Starlink’s Satellite Internet Could Change the Game

  Burundi is amongst the African countries set to benefit from Elon Musk’s Starlink technology in 2023. If this actually happens, starlink technology would be a game-changer in Burundi’s Economy as access to reliable internet connections would allow the country to bridge the digital divide, improve economic growth, education, and innovation. Starlink is a satellite […]
0 4min 1234

February 24, 2023 Iris News

Gitega Used Electronics Equipment Vendors: “The night has descended upon us by a notch”

  Since the Gitega Province Governor decided to forbid sales of second-handed computers, phones, and accessories, life has not been easy for the vendors of those items. They request authorities to reconsider the decision. They also make a call to authorities to authorities to take into consideration all aspects of an issue before making a […]
0 3min 1056

About us

Iris News is a generalist Burundian media with 6 editorial aggregates that articulate the bulk of its information offer: Entrepreneurship, Ecology, EAC, Youth, Culture and Sport. Iris News, a media from the future defines itself as « The media of possibilities » designed to help young Burundians shape a prosperous and environmentally friendly Burundi.