A senior Rwandan minister is hoping to lure miners, financial services and health care firms to invest in one Africa’s fastest growing economies.
Rwanda has launched efforts to lure Australian miners, financial services, tourist operators and healthcare companies to invest in the country, pitching itself as a gateway to Africa and its fast-growing economies.
Ms Akamanzi cited US drone company Zipline as an example of how Rwanda can help businesses succeed. With the US banning commercial drone operations, Zipline in 2016 signed an agreement with the Rwandan government to pioneer the delivery of blood and eventually other medical supplies in the mountainous country.
“Those are things that make the quality of the human being that Rwanda is able to deliver a lot more of, even if we don’t have other natural resources or big markets.“We also know that many times ideas and innovations require a place to be tested. So we have become a prototype, proof-of-concept place. Bring your innovation or idea, and we shall give you the environment to succeed with you. Once you succeed you go to the bigger markets and scale up there.
She said Rwanda was also establishing a presence hosting major international conferences and sports events. Last year the capital Kigali hosted the CHOGM meeting.One thing Rwanda boasts about is its strong stance against corruption, with a Transparency International report this year finding it was the fourth least corrupt nation in Africa. Ms Akamanzi said its success came down to both the rules in place and a commitment to upholding them.
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