Rwanda has emerged as one of Africa’s top investment destinations given its exceptional ease of doing business credentials coupled with immense opportunities across diverse sectors. The country ranks 29th globally on the World Bank’s Ease of Doing Business 2020 index – the second highest in Africa. This success has come on the back of sustained regulatory reforms aimed at removing barriers to starting and operating businesses in Rwanda.
In terms of priority industry sectors with untapped potential, manufacturing presents opportunities in areas like- food processing, packaging material production, automotive assembly, electronics manufacturing and component manufacturing. Infrastructure development also offers prospects spanning transport networks, affordable housing, healthcare facilities, power plants and Special Economic Zones. Other attractive sectors include agriculture, tourism & hospitality, ICT as well as mining and quarrying.
Additionally—Rwanda provides investors an excellent entry point to access the wider East African Community and Common Market for Eastern and Southern Africa (COMESA) regional markets – comprising over 400 million consumers.
The country’s political stability, security and relative ease of cross-border trade enhance its strategic advantage as a regional hub. Attractive incentives for foreign investors include special economic zones, industrial parks, export promotion schemes as well as competitive corporate tax rates.