AISCA launches to close Africa’s AI compute gap

The East African country has made significant progress in advancing formal financial inclusion, reaching 93 percent of adults this year, largely driven by fintech and mobile money.

Ministers and tech leaders at the Kigali meeting suggest a regional AI plan to keep data in African hands and bring economic value to locals.

MoFlex users can request loans ranging from Rwf 1,000 to more than Rwf 1, 000,000, with interest rates from 7% to 14%, tailored to their chosen repayment period.

The minister acknowledged Rwanda's digital transformation path, emphasising significant advances in connectivity, digital public infrastructure, digital government services, and innovation.

The government says the Rwanda fintech centre will play a critical role in advancing ambitions to build a vibrant digital economy.

The proposed "license passporting" system would enable payment service providers that operate in one jurisdiction to expand into another.

The country’s cabinet has approved a draft bill to govern the emerging digital asset class.

The telco's agreement with government establishes a long-term relationship aimed at using technological solutions to enhance education.

The parties explored opportunities to scale digital infrastructure and technology adoption in schools.

The agreement was one of several bilateral agreements inked in Muscat over the weekend to promote collaboration between the East African and Middle Eastern country.

The digital payment system aims to connect the country's financial ecosystem and accelerate the transition to a cashless economy.

Rwanda’s education system has been given a boost with the introduction of Chidi, an artificial intelligence learning companion for students and educators.