It has a unique leadership committed to development a culture with zero tolerance for corruption. Read More
It has a unique leadership committed to development a culture with zero tolerance for corruption. The climate and the fertile land is ideal for many varieties of agricultural crops. Rwanda is considered as the most competitive place to do business in East Africa and 3rd in Sub-Saharan Region. The private sector is a key driver for the development of the Rwanda economy.
Regulatory framework for investment in Rwanda
Ministry of Finance and Economic Planning (MINECOFIN)
The ministry is responsible for maintaining a stable macroeconomic environment with low inflation, moderate budget deficits and sustainable public debt, also foster greater evidence-based planning and performance-based budgeting and mobilize internal and external resources that is tax non-tax, social security contributions, grants and loans
The Rwanda Revenue Authority (RRA)
RRA has the following functions;
Ministry of Trade and Industry
The ministry is responsible for facilitating Rwanda’s economic transformation through enabling a competitive private sector integrated into regional and global markets while ensuring a level playing field and the protection of consumers.
Rwanda Development Board
The Rwanda Development Board was set up by bringing together all the government agencies responsible for the entire investor experience under one roof. This includes key agencies responsible for business registration, investment promotion, environmental clearances, privatization and specialist agencies which support the priority sectors of ICT and tourism as well as SMEs and human capacity development in the private sector.
The investment promotion division of the RDB
Rwanda Private Sector Federation (RPSF)
RPSF is a professional organization dedicated to promote and represent the interests of the Rwandan business community.
Rwanda Investment and Export Promotion Agency
Rwanda Investment Promotion Agency (RIEPA) was established in 1998 by an Act of Parliament with the responsibility of promoting private investment in Rwanda by both local and foreign investors. RIEPA is the investor’s facilitator that provides the following services;
Investment climate in Rwanda has been summarised to include the following