Dr Mugenzi Patrick

Technical Advisor to the Chief Economist at National Bank of Rwanda| Conscious African.

[African Center of Excellence in Data Science @UR_aceds]

#URGraduation2026. 23rd October 2026, our 62 Master's and 6 PhD students are set to graduate at @UR_CoE . This is another milestone achieved. CONGRATULATIONS TO OUR GRADUANDS!

[Dr Mugenzi Patrick @mugenzi_patrick]

@BaisiHenry50911 @emmanuelokware_ Thank you @BaisiHenry50911 for exposing facts! Broad money alone can’t be enough to explain inflation or exchange rate depreciation. Distinguishing the components of M3 especially CPS vs its equilibrium (CPS gap) would at least give an indication, without ignoring other sources.

[Formula 1 @F1]

BREAKING: Formula 1 returns to Africa with 10 year agreement to race in Rwanda

The African Grand Prix is set to join the F1 calendar in the early 2030s

#F1

[FIA @fia]

Rwanda set to join the Formula 1 calendar! 🇷🇼

The FIA Formula One World Championship will head back to Africa for the first time since 1993, with a new FIA Grade 1 circuit planned for Bugesera, Rwanda, expected to host its first race in the early 2030s 🏁

#FIA #F1 #AfricanGP

[Soraya M. Hakuziyaremye @SorayaMHlive]

We were delighted to welcome 9 sister Central Banks from Africa and Europe to our #MPFSS2026.
In a time of elevated uncertainty and volatile financial markets, @CentralBankRw values strong partnerships.

[Central Bank of Rwanda @CentralBankRw]

Chief Economist @thierrykalisa_ at the #MPFSS2026 stressed the importance of policy action and coordination in maintaining confidence in the outlook, with tighter monetary policy, fiscal measures addressing supply pressures, and expectations that major shocks will ease.

#MPFSS2026
#BNREngage
#KnowYourCentralBank

[Central Bank of Rwanda @CentralBankRw]

During the Monetary Policy and Financial Stability Statement, Governor @SorayaMHlive highlighted that, "Despite the shocks our economy has gone through this year, GDP growth of 9.7% in the first six months is very high. Growth has been broad-based, driven by strong performance in industry, services and agriculture, with construction and manufacturing playing a key role."

#MPFSS2026
#BNREngage
#KnowYourCentralBank

[Central Bank of Rwanda @CentralBankRw]

Monetary Policy and Financial Stability Statement | October 2026 https://t.co/2nMxXtHM6e

[Central Bank of Rwanda @CentralBankRw]

𝐏𝐑𝐄𝐒𝐒 𝐑𝐄𝐋𝐄𝐀𝐒𝐄: The Monetary Policy Committee has decided to increase the CBR by 50 basis points from 8.25 percent to 8.75 percent. This decision signals a continuation of the monetary policy tightening cycle and reaffirms the Central Bank’s commitment to price stability. It is expected to anchor inflation expectations, limit second-round effects and support inflation’s return to the target range in the second half of 2027.

The MPC will continue to monitor economic conditions closely and is committed to ensuring a return to the 5 percent inflation objective in the medium term.

Read the full press release: https://t.co/vT07CGXnge

#MPC2026
#BNREngage
#KnowYourCentralBank

[African Center of Excellence in Data Science @UR_aceds]

Another milestone achieved! Patrick Mugenzi has successfully defended his PhD thesis entitled “Assessing Systemic Risk in the Rwandan Banking Sector Using Network Analysis and Clustering Approach.” Congrats to Patrick and the entire supervisory team on this remarkable achievement

[Central Bank of Rwanda @CentralBankRw]

𝐌𝐮𝐫𝐚𝐫𝐚𝐫𝐢𝐭𝐬𝐰𝐞!

Kurikira ikiganiro #RIRARASHE kuri @TV1Rwanda kuri uyu wa Gatatu saa 8:00 z'igitondo, usobanukirwe byinshi kuri eKash, uko ikora, inyungu zayo, n'uruhare rwayo mu koroshya, kwihutisha no guteza imbere kwishyurana hifashishijwe  ikoranabuhanga mu #Rwanda.

#eKash
#BNREngage
#TwagiyeKashiresi
#KnowYourCentralBank

[Central Bank of Rwanda @CentralBankRw]

𝐈𝐓𝐀𝐍𝐆𝐀𝐙𝐎: Banki Nkuru y'u #Rwanda iramenyesha abanyarwanda n'abaturarwanda muri rusange ko uburyo bwo kwishyurana amafaranga bwihuta buhuriweho n'ibigo by'imari butandukanye (eKash), buri mu ngamba zashyizweho n'u #Rwanda zo guteza imbere kwishyurana hakoreshejwe ikoranabuhanga.

Soma itangazo ryose⤵️

#BNREngage
#KnowYourCentralBank

[Central Bank of Rwanda @CentralBankRw]

𝐖𝐞 𝐚𝐫𝐞 𝐇𝐢𝐫𝐢𝐧𝐠.

Are you currently looking for a new job? Are you passionate about your career growth and taking on new challenges?

If this is you, we invite you to join our team at NBR!

𝐀𝐩𝐩𝐥𝐲 𝐧𝐨𝐰 | https://t.co/FxDGLhZ7LY
𝐃𝐞𝐚𝐝𝐥𝐢𝐧𝐞: 21st July 2026

#BNREngage
#KnowYourCentralBank

[Central Bank of Rwanda @CentralBankRw]

Hon. Minister of Trade and Industry, @AKajangwe on Government's priorities for strengthening Rwanda's balance of payments through export growth.

"#Rwanda’s export growth strategy seeks to strengthen economic resilience by expanding and diversifying exports while reducing reliance on imports. Through targeted investment in priority sectors, greater access to regional and global markets, and a supportive environment for private sector growth, the country aims to foster sustainable and competitive economic development."

#BNREngage
#KnowYourCentralBank

[Central Bank of Rwanda @CentralBankRw]

In her opening remarks during the 𝐍𝐁𝐑-𝐈𝐆𝐂 𝐀𝐧𝐧𝐮𝐚𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐂𝐨𝐧𝐟𝐞𝐫𝐞𝐧𝐜𝐞, Governor @SorayaMHlive
highlighted," The National Bank of Rwanda and the International Growth Centre have had a long standing partnership. Over the years, this collaboration has become an important bridge between research and policymaking, and today's gathering is its clearest expression."

#BNREngage
#KnowYourCentralBank

[Central Bank of Rwanda @CentralBankRw]

Can digital infrastructure unlock the next wave of intra-African trade?

Dr. Placide Aime Kwizera, Manager of the Economic Research Division at @CentralBankRw, presented his paper, "𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐈𝐧𝐟𝐫𝐚𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞 𝐚𝐧𝐝 𝐠𝐥𝐨𝐛𝐚𝐥 𝐮𝐧𝐜𝐞𝐫𝐭𝐚𝐢𝐧𝐭𝐲: 𝐛𝐮𝐢𝐥𝐝𝐢𝐧𝐠 𝐭𝐫𝐚𝐝𝐞 𝐫𝐞𝐬𝐢𝐥𝐢𝐞𝐧𝐜𝐞 𝐢𝐧 𝐀𝐟𝐫𝐢𝐜𝐚."

This study examines the role of digital infrastructure in strengthening trade resilience across African economies amid rising global uncertainty.

#BNREngage
#KnowYourCentralBank

[Central Bank of Rwanda @CentralBankRw]

This morning, the National Bank of #Rwanda, in partnership with @The_IGC , host the Annual Research Conference under the theme, "𝐅𝐫𝐨𝐦 𝐕𝐮𝐥𝐧𝐞𝐫𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐭𝐨 𝐑𝐞𝐬𝐢𝐥𝐢𝐞𝐧𝐜𝐞: 𝐅𝐢𝐬𝐜𝐚𝐥, 𝐌𝐨𝐧𝐞𝐭𝐚𝐫𝐲, 𝐚𝐧𝐝 𝐒𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐚𝐥 𝐏𝐨𝐥𝐢𝐜𝐲 𝐏𝐫𝐢𝐨𝐫𝐢𝐭𝐢𝐞𝐬 𝐟𝐨𝐫 𝐒𝐮𝐛-𝐒𝐚𝐡𝐚𝐫𝐚𝐧 𝐀𝐟𝐫𝐢𝐜𝐚𝐧 𝐄𝐜𝐨𝐧𝐨𝐦𝐢𝐞𝐬."

This initiative serves as a platform for dialogue and collaboration among researchers and professionals, while also fostering a culture of evidence based research and policy making in Rwanda.

#BNREngage
#KnowYourCentralBank

[National Institute of Statistics of Rwanda @statisticsRW]

Mu #Rwanda, ibiciro ku isoko byiyongereye ku kigero cya 12.9% mu kwezi kwa gatanu 2026 ugereranyije n’iby'ukwezi kwa gatanu k’umwaka ushize wa 2025.

🔍Dore uko ibiciro bya bimwe mu bicuruzwa byazamutse:

🛒Ibiciro by’ibinyobwa bisembuye n'itabi byiyongereyeho 16.1%
🏩Ibiciro by’amafunguro n'icumbi byiyongereyeho 16.6%
🏘️Ibiciro by’inzu, amazi, amashanyarazi, gazi n'ibindi bicanwa byiyongereyeho 19.4%
🚍Ibiciro bijyanye n'ubwikorezi byiyongereyeho 24.5%

Andi makuru wayabona unyuze hano:
https://t.co/ovwM8SDQsK

[Central Bank of Rwanda @CentralBankRw]

The National Bank of #Rwanda invites applications for a 10-Year Treasury Bond re-opening that will be open from Monday, June 15th to Wednesday, June 17th, 2026.

Don't miss out on this long-term investment opportunity!⤵️

#BNREngage
#KnowYourCentralBank

[Central Bank of Rwanda @CentralBankRw]

🎙️ 𝐓𝐡𝐞 𝐍𝐁𝐑 𝐏𝐨𝐝𝐜𝐚𝐬𝐭-𝐄𝐩𝐢𝐬𝐨𝐝𝐞 𝟐𝟐 𝐢𝐬 𝐥𝐢𝐯𝐞!

Why did the National Bank of #Rwanda raise the Central Bank Rate to 8.25%? What does this mean for inflation, businesses, and your everyday spending?

In today’s episode, Dr. Thierry Kalisa, Chief Economist at the National Bank of Rwanda helps us unpack the latest Central Bank Rate Decision, and what it signals for Rwanda’s economic outlook.

🎥Watch the full episode: https://t.co/bJsmAt0rdx

🎧 Listen on the go:
Apple Podcasts: https://t.co/yM4cAwhev6
Spotify: https://t.co/X3MNFN2TbP

#TheNBRPodcast
#BNREngage
#KnowYourCentralBank