private sector

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...

According to recent studies, Kigali rakes higher rental yields in the residential and retail sectors than other cities in Sub Saharan Africa. Rental yield is the rate of profits compared to the cost of the investment property, typically expressed in percentages.  Kigali records 8.1 percentages on average rental return from the residential real estate industry while its retail sector records 9.8 percent...

Rwanda’s transformation has been mainly resulted from growth in urbanization and housing development. Kigali, the capital of Rwanda, is currently the fastest growing city in terms of urbanization in Africa. This has led to the creation of investment opportunities primarily in the real estate sector in Kigali to cater for the growing urban community. A drive in Kigali city will reveal the massive...

The National Bank predicts 13 percent growth in credit lending to the private sector in Rwanda. This is due to the expected increase in lending by the financial sector in the country. The central bank will keep an accommodative monetary policy stance for this year to promote funding of the market by the banking industry in Rwanda. This is according to their recently released report of the Monetary...