Investments reach historic level in 2018
The Rwanda Development Council (RDC) announced Tuesday that investments in Rwanda reached $ 2 billion in 2018, for the first time in Rwanda’s history.
This shows that the country of Central Africa is increasingly seen as a country where it is good to trade and serves as a springboard to access the incredible opportunities offered by the continent, said the director of investments of the RDB, Guy Baron, in a statement published in the capital, Kigali.
The national investment department recorded 173 investment projects in Rwanda estimated at $ 2.006 billion in 2018, an increase of 20% over 2017, according to the statement.
Of the total investments recorded in 2018, about 26% represent export-oriented projects, the statement said.
Industry, mining, agriculture and food processing accounted for 57% of investment, and other sectors that attracted significant investment are tourism, health, business services and ICT.
In 2018, 49% of registered investments came from domestic investors, 47% from foreign direct investment, and 4% from joint ventures involving local and foreign investors.