Wednesday, 23 March 2011

Rwanda's Impressive Growth

I was recently in Rwanda to brief President Kagame on CBC’s programme for the coming months and discuss his involvement in the Commonwealth Business Forum to be held in Perth, Australia later this year. This was the first trip to Rwanda where I had the chance to get out and around and see some of the Country outside of Kigali.

I was impressed by the level of development visible outside of the capital, the roads we used to travel to the new Free Trade Zones the government are setting up to promote exports are world class. And one of President Kagame’s headline schemes to get Rwanda on-line, is nearly complete – this will open up huge new opportunities across the country.

Rwanda’s success has lessons for us all, President Kagame has lead an active international investment promotion campaign that is paying dividends. Much of Rwanda’s growth is driven by the Private Sector, giving the Government room to focus on the countries social needs.

During our discussions, President Kagame was keen to highlight the emerging investment opportunities in Rwanda’s power sector, including Hydro, Methane Gas and other renewable and in ICT. And he was particularly keen to highlight the opportunities in Agriculture, specifically Tea and Tea processing where the value addition is now being done inside Rwanda.

President Kagame will lead a business delegation to the Africa Investment Forum in Tanzania on April 17 -19, where many of the Projects he highlighted will be presented. I would encourage all of those with an interest to come along to the Forum as it will be a very important business event for East Africa and the Continent as a whole.

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