Opporizon | Horizon of Opportunities

12 facts about Rwanda
did you know....

Land of a Thousand Hills

Known as the “Pays des Mille Collines” in French, Rwanda is known for its picturesque rolling hills and its green, verdant landscapes.

Kigali City

Kigali has been ranked the second most popular destination in Africa
for international meetings and events by International Congress and
Convention Association (ICCA). Cape Town in South Africa is ranked first in Africa.

Young and active population

Rwanda has a young population the median age in is 20 years.
Rwanda’s population has a median age of 20 years and
their youth of 15-24 years old have a literacy rate of 82%.

Female leaders

Women make up 62 % of Rwanda’s national
legislature, far more, than any other country.

Innovative Rwanda

Rwanda will have the world’s first drone airport,
which aims to deliver both commercial goods
and vital medical supplies to over half the country.

Institutes of Higher Education

There are 28 accredited institutions of higher learning in Rwanda.

Going plastic-less

Cleanest Nation in Africa:
The use of plastic bags has been banned across
Rwanda since 2008.

Annual growth rate in Rwanda

GDP Growth was about 7.8% for 2019 and projected to be 8% in 2020.

Umuganda as national duty

Community service is a national activity held on a Saturday every month,
during which all Rwandans come together as communities to work together on public works.

Mobile-savvy nation

Mobile Penetration exceeds 10 Million in 2019

Well-connected city

Roads and infrastructure are well-developed in Rwanda
with approximately 14,900 kilometres of roads built.

Booming Tourism Industry

Known for both eco-tourism and business tourism,
conference tourism especially boomed in Rwanda
after the Kigali Convention Centre was built!

Kigali City Master Plan

The Master Plan will transform Kigali into a great place to live and work in by strategically guiding its development through optimal land use and facilitating rapid economic growth. The city will be positioned as a commercial hub of east-central Africa to attract investments and create employment.Kigali’s development will be characterised by a rejuvenation of the existing urban areas, transit...

Rwanda The Emerging Economy To Watch

The tiny East African nation has proven to be a role model for the continent. During her November 2018 visit to Rwanda, World Bank CEO Kristalina Georgieva described the country as one that has enjoyed impressive growth and often has bold ambitions. In recent years, at business summits across the world, it’s not uncommon to hear such praise about Rwanda....

Credit Rating: B+ Stable (Fitch), B+ Stable (S&P)

S&P raises Rwanda’s credit rating: Standard & Poor’s (S&P), an international financial services company, has upgraded Rwanda’s rating from a flat “B” to “B+” thereby boosting investor confidence in the country.The international credit rating agency is of the view that Rwanda’s economic growth prospects are stronger than peers’ supported by, among others, robust investment levels of about 25 percent of GDP.A...

Investments: 1,675 Bn investments in 2017

Rwanda experienced a 44% increase in registered (both local and foreign) investments in 2017. Registered investments in 2017 was 1.675 billion compared to 1.16 billion in 2016. Foreign investments continue to increase due to the conducive business environment and ease...

It takes only a mere 6 hours to register a new business in Rwanda. Prospective owners have three ways to enter the market in Rwanda depending...

Popularity: 2nd Most Popular Destination in Africa

Kigali has been ranked the second most popular destination in Africa for international meetings and events by International Congress and Convention Association (ICCA). Cape Town in South Africa is ranked first in Africa.

Last year, Kigali was ranked third behind Cape Town and Marrakesh in Morocco.

ICCA represents the world’s leading suppliers...

The government and the International Monetary Fund (IMF) have revised Rwanda’s economic growth projections for 2020 to 5.1 per cent in light of the effects...

Women Representation: 64% of election seats are women in 2013

The 2013 parliamentary elections saw women fill 64% of election seats. This was a great triumph for gender equality in Rwanda. The political participation of Rwandan women has been facilitated by constitutional reforms and key...

Innovation: Kigali Innovation City

Kigali Innovation City is an Africa-focused innovation hub comprising of three interdependent platforms which will enable the sustainable delivery of digital products and services for accelerated digital transformation of Rwanda’s economy and for export to other African economies.In other words, the hub fosters a dynamic...

Airport: Upcoming World Class Bugesera International Airport

Bugesera International Airport (BIA) is currently under construction in the Bugesera District, approximately 25km southeast of Kigali, Rwanda. It will replace the existing Kigali International Airport. The new airport is expected to handle approximately 1.7 million passengers a year initially, and 4.5 million passengers annually...

Registering a business in 1 day

Corporate taxes & tax incentives

Foreign ownership of properties

Investment incentives

Vision 2020

Vision 2050

Kigali Master Plan

Rwanda SMART Master Plan

Others

Tourism Partner: Arsenal

The Rwanda Development Board, through their subsidiary, the Rwandan Convention Bureau, has become Arsenal’s first official sleeve partner as part of the country’s drive to...

Visa-on-arrival for all

Effective Monday January 1, 2018, all visitors to Rwanda will get a 30-day visa upon arrival without prior application, the Rwandan Directorate General of Immigration...

In the fiscal year 2018 -19, GDP at current market prices was estimated to be Frw 8,596 billion,up from Frw 7,899 billion in 2017-18. Services sector contributed 48 percent of GDP while agriculture sector contributed 28 percent of the GDP.

In 2019, estimates calculated using the 2017 benchmark show that annual GDP increased by 9.4%. The level of GDP is now at Frw 9,105 billion.
Current Annual Growth as of 2019: 9.4%

International and

Regional partners

Content Image

Content Image

Content Image

Institutions and Reports

Rwanda Development Board (RDB)

Kigali City Council

Ministry of Trade and Industry (MINICOM)

National Institute of Statistics
Rwanda (NISR)

Private Sector Federation (PSF)

IREMBO

WB Rwanda Economic Update 2017

World Bank Sub-Saharan Africa Factsheet 2018

2018 World Bank Doing Business Report

GDP – National Accounts for Fiscal Year 2016/2017

2017 Gallup Global Law and Order Report

AfDB East Africa Economic Outlook 2018

Join our network here