Trade & Investment
With no sectors barred to foreign investors and no restrictions on the percentage of equity an investor might hold, Rwanda has a lot of untapped investment opportunities, and one of the fastest business registration systems in the region and 11th in the world, For anyone to start a business in Rwanda, they must obtain a permit, access land, and have 25,000 RWF and an application process that takes just up to 24 hours.
Rwanda recently joined the Commonwealth as its 54th member, a move which shows its tremendous progress in development, the Commonwealth is a Voluntary association of member countries that support each other and work towards common goals of democratic freedom and economic and social development.
Rwanda also recently joined the East African Community and is aligning its budget, trade, and immigration policies with its regional partners.
The government has embraced an expansionary fiscal policy to reduce poverty by improving education, infrastructure, and foreign and domestic investment and pursuing market-oriented reforms.
Rwanda is also viewed as a hub for the East African Community countries which combined boasts a population of 126 million people with a combined GDP of USD 73 billion and a ‘’common market’’ which came into force on the 1st of July this year, which aims to allow goods to move freely across the East African region, duty free regional trade, common external tariff, free movement of labour and giving the East African Community countries more leverage in International trade negotiations
“Rwanda sees investors as more than just businesses – but as networks of productivity”
Senior Govt. Official, 2010