Part 1: Doing Business in RWANDA
What is the current business climate in your
jurisdiction, including major political, economic, and/or legal
activities on the horizon in your country that could have a big
impact on businesses?
Rwanda experiences comparatively high levels of stability and
security by regional standards and continues to protect its
political stability since the 1994 genocide. The country boasts a
track record of robust economic growth and a strong reputation for
low corruption. While GDP growth averaged 7.1% from 2009-2019, the
COVID-19 pandemic had an adverse impact on Rwanda's
economy.
In recent years, Rwanda has strategically positioned itself as a
regional headquarters jurisdiction and a foreign direct investment
and financial hub. To achieve this goal, Rwanda has been passing
laws and regulations to create an environment that is attractive to
investors and business owners, stimulate economic growth, and
improve its competitiveness in
