One of the most frequent questions that business people from Kenya and other East African countries ask is “what are the business opportunities in Rwanda?” The reason is because in the last ten years or so, there are many positive and uplifting stories coming out of Rwanda, one after the other.
Having transformed itself from a tiny war torn country to become one of the fastest growing economies in Africa, one can only assume that there are many things going right in Rwanda. For a business person or corporate organization that thrives by seizing opportunities, Rwanda is the perfect place on which to train his or her business sights.
With that in mind, what are the possibilities that a business person or corporate organization look at today?
- Increased business footprint: A fast growing economy such as Rwanda’s results in higher purchasing power for a rapidly increasing middle class. A simple visit to Kigali will reveal the proliferation of various international brands doing booming business. Usually, this is a good indicator of expected good economic times ahead
- Partnerships: Whatever business you are engaged in, there is someone else in Rwanda doing the same, and that you could work with to both get better rewards for your entrepreneurial efforts