Rwanda offers an attractive environment to operate in or to run a business from.
Top 5 reasons to invest in Rwanda:
Sustained High Economic Growth - 7.1% average year-on-year GDP growth since 2004, stable inflation and exchange rate
- 3 year GDP growth rate highest among major African economies and neighbouring countries
Robust Governance - A clear vision for growth through private investment set out by President Kagame (Vision 2020)
- Politically stable with well functioning institutions, rule of law and zero tolerance for corruption
Investor friendly climate - Fastest global reformer of business regulations based on World Bank Doing Business Survey
- Most competitive place to do business in East Africa and 6th in Africa (WEF Global Competitiveness Report)
- Country credit rating upgraded to B by Fitch
- Among top 3 African countries in terms of internet connectivity (Ookla)
- Simple taxation, development of industrial parks and free trade zone, and creation of stock exchange
- Increasingly attractive destination for FDI – USD118 million in 2009 represents 14x increase from 2004
Access to markets - Market of over 10 million people with a rapidly growing middle class
- A hub for rapidly integrating East Africa: located centrally bordering 3 countries in East Africa which has an existing Customs Union and a Common Market in 2010 for ~550 million people in total
Untapped Opportunities - Potential opportunities for investment abound, particularly in the following sectors:
- Infrastructure: Opportunities in rail, air transportation to further develop Rwanda as an EAC hub
- Agriculture: Investment in tea and horticulture. Tea quality and tea growing conditions among the best in the world
- Energy: Power generation, off grid generation and significant methane gas opportunities
- Tourism: Unique assets creating booming sector; growth potential in birding and business (conference) tourism
- Other attractive sectors include Real estate and construction, Financial services and Mining
|