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WHY IS RWANDA THE BEST INVESTMENT DESTINATION IN AFRICA?
Tech and Business Female writer  Jan 5, 2023
WHY IS RWANDA THE BEST INVESTMENT DESTINATION IN AFRICA?

Rwanda is a very safe country in Africa, and you may wonder why, despite its history. Because Rwanda understands what it is like not to have peace and security in your own country better than anyone else. Rwanda has seen and been through enough. As a result, peace, security, and stability are non-negotiable in Rwanda today. We are all on the same page when it comes to keeping the country peaceful.


Rwanda has been ranked fourth in investment attractiveness in Africa according to the latest ranking by the Rand Merchant Bank (RMB). This means Rwanda continues to benefit from its efforts to improve its operating environment. As part of the National Strategy for Transformation (NST), various investments should support the construction and energy sectors over the next few years.


For many Rwanda is a blind spot. Some remember the number "1994", but fewer know what really happened. And very few know where the country is located and what’s happening there today. Although Rwanda only has rare appearances in international media, the government has progressed dramatically in the last 29 years and is now a model for other African countries in how to create stable governance structures that enable investment and real economic growth.


Rwanda continues to be an attractive location for foreign investment. It is one of the world's fastest-growing economies and has an enabling business environment, a growing private sector, and large-scale infrastructure projects. Rwanda has developed industrial parks to accelerate the growth of investment, especially in manufacturing.

Leading global businesses such as Volkswagen, Motorola Solutions, Andela, and Radisson have established themselves in Rwanda. Recently, Mara Phones opened Rwanda's first smartphone factory. Knowledge institutions, like Carnegie Mellon University, have created campuses in Rwanda, and many more.


The country still has many untapped investment opportunities and ambitious policies and strategies for social and economic development. Visit Rwanda Development Board (RDB) for more information.

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