Business & Economy
October 16, 2024
Iris News
Iris News
Tech Meets Trade: The EAC-NTB App’s Set To Reshape East African Trade
Author: NDORUKWIGIRA Franck Arnaud On October 10, 2024, at the Rumonge port in southwestern Burundi, Jean Claude Ndibanje, a cross-border trader exporting avocados to the DRC, prepares to ship his cargo across Lake Tanganyika to Kalemie. What should be a straightforward process is hindered by significant administrative delays at the port, extending the time […]
June 20, 2023
Hernin Guerin Ingabire
Hernin Guerin Ingabire
Burundian Artists and Creatives Discuss their Struggles to Break through on the Global Scene
On June 15, 2023, panelists at the French Institute of Burundi discussed ways to overcome the challenges that Burundian artists and creatives face when trying to gain recognition on the global stage. One thing is for sure: the challenges are much greater than you may think. Yish Karamu, a visual artist, is well-acquainted with the […]
0
5min
1752
June 12, 2023
Prince Musore
Prince 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 […]
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2min
1855
June 12, 2023
Iris News
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 […]
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2min
2063
June 8, 2023
Bienfait Cakweri
Bienfait 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 […]
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3min
1733
April 11, 2023
Iris News
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
1736
April 10, 2023
Prince Musore
Prince 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 […]
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7min
1790
April 8, 2023
Evariste Niyonkuru
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 […]
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4min
1791
March 12, 2023
Evariste Niyonkuru
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 […]
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5min
1534
March 6, 2023
Prince Musore
Prince 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 […]
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4min
1745
Guillaume Muhoza
