“The internet is a needed public utility, as much as water and electricity.” Paul Kagame, President of Rwanda
Rwanda is one of the most rapidly transforming countries on the African continent. According to the World Bank, the country has attained a high annual gross domestic product (GDP), with growth rates averaging 7.6%. Between 2000 and 2018, the country has moved from being a $1.7 billion economy to a $9.5 billion economy. These achievements were driven by the aspiration to become a knowledge-based society and the “Vision 2020”, which aims for Rwandans to be healthier, more educated and prosperous.
Rwanda’s Vision 2020 embraced many strategies for poverty reduction and social transformation. The government implemented the Rwanda Poverty Reduction Strategy Paper (PRSP) from 2002 to 2008.
Rwanda’s entrepreneurship and innovation ecosystem sees new start-ups arising daily.
As the start-up scene continues to grow in Rwanda, it is attracting growing interest from both local and international investors.