Booming economy

Rwanda is a country full of people everywhere. There is a huge population in Rwanda, and it is one of the most densely populated countries in Africa.  The figures are shown by the surveys conducted by Household Living Conditions back in 2016 and 2017, almost 38.2% of Rwandans are living below the poverty line. The population living in urban areas is just 18.4% of the total population. And the experts...

Despite the breaking Genocide news in 1994 that left over a million Rwandans dead and thousands of orphaned children and widows, Rwanda has made significant steps of development. Various sectors including manufacturing, housing, and rural settlement, infrastructure and urbanization have been steadily growing. This has benefited the Rwandan community and boosted the country’s economy to new...

Rwanda: Real Estate Industry among the major Sectors propelling Economic Growth Last year, Rwanda posted an increase in economic growth mainly contributed to increased growth in the service sector, especially the real estate industry. This is according to a report released by the National Institute of Statistics of Rwanda (NISR). The economy grew by 6.0 percent exceeding the initial forecasted growth...

The steadily growing real estate sector of Kigali was one of the major contributors to the economic growth of Rwanda last year. The sector contributed about 8 percent to the national GDP growth in the fourth quarter of 2017. The real estate services including the sale and occupancy of homes recorded a growth of 5 percent last year, according to reports by the National Institute of Statistics of Rwanda...

Rwanda gears up to usher in the Fourth Industrial Revolution which will change the country’s entire outlook. However, concerns have been raised by some of the private sector members who fear that their innovation capacity is still low. In the transformation to the Fourth Industrial Revolution, new technologies are incorporated in all sectors including the physical, biological and digital platforms....

The memories of 1994 Rwanda genocide are slowly fading, but the fact remains that 800, 000 lives were lost. The landlocked nation is taking steps to be Africa’s Switzerland, and it has outperformed its continental peers. Since 2000, Rwanda has recorded an average economic growth rate of 7.8%, and the nation is preparing to welcome delegate to World Economic Forum, African gathering. According to Mark...