Efficient and Effective
Government

Global Innovation Index 2023

1st most Innovative low-income country

Global Finance Safety Index 2024

2nd safest in Africa

Global Gender Gap Index 2022

6th globally in gender parity

Logistics Performance Index 2023

Rwanda is among Top 10 low-income LPI scorers

Corruption Perception Index 2023

4th least corrupt country in Africa

Property Rights Index 2021

3rd in Africa

Global Competitiveness Report 2020

2nd most competitive in Africa

Global Cyber Security Index 2020

7th safest country in Africa

Rwanda at a glance

Population size 13.2M*

National Institute of Statistics of Rwanda (NISR) 2023

Govt. & Parliament

Presidential Republic Bicameral parliament

Official languages

Kinyarwanda, French, English, Swahili

Literacy/Unemployment 73% / 16.5%*

National Institute of Statistics of Rwanda (NISR) 2022

GDP Frw 16,355 Bn

National Institute of Statistics of Rwanda (NISR) 2023

Currency/exchange rate

Visit www.bnr.rw for the latest exchange rates

GDP per capita USD 1,040

National Institute of Statistics of Rwanda (NISR) 2023

Ratings

B - Fitch
B+ “stable” - S&P

Why KIFC?

Why Kigali and Rwanda as a Pan-African financial destination?

Rwanda is ideally positioned to become a leading financial centre for global investors seeking Pan-Africa opportunities.

Located in the heart of central Africa, Rwanda has direct access to adjacent regional markets, and three of the regional economic blocs.

These blocks represent a combined 838 Million consumers and make Rwanda a perfect place from which you can invest into all the major African markets:

EAC – the East African Community,
ECCAS – the Economic Community of Central African States,
COMESA – The Common Market for Eastern and Southern Africa.

Rwanda is fast developing an extensive cyber infrastructure, and Rwanda’s location and time zone also mean it is able to serve markets both to the west and east in a single day.

Rwanda is one of the fastest growing economies in Africa, with a 10-year average growth rate of 8.6%. Rwanda’s economy has been recognised among the top 5 most resilient economies in Africa by the World Bank. (2017 World Bank Africa Pulse Report).

  • Top 10 Most competitive economy in Africa (2019 WEF Global Competitiveness Report),
  • Top-5 most resilient economy in Africa (2019 Global Resilience Report),
  • Rwanda is also a leading country in the development and implementation of the Africa Continental Free Trade Agreement (AfCFTA),
  • Pivotal role in promoting the AfCFTA agenda during its chairmanship of the Africa Union,
  • Hosted the signing ceremony of the AFCFTA agreement in Kigali,
  • Pioneer country to sign and ratify the agreement.

Rwanda’s journey is one of innovation, resilience, and increasing prosperity for all Rwandans and for the benefit of Africa underpinned by the values of hard work, integrity, professionalism and respect.

Rwanda and Kigali are globally recognised as modern, innovative and safe destinations to do business and to live, underpinned by the rule of law and transparency and with a young, bilingual and dynamic professional population.

    • 2nd safest place in Africa, 1st in the region (2019 Gallup Global report)
    • 2nd best performer in sub-Saharan Africa (2020 World Global Rule of Law Index)

Rwanda is a leading emerging market in major international and regional performance indices:

    • 2nd in Africa for Ease of Doing business (2020 World Bank Doing Business Report);
    • 2nd in Africa, 1st in the region for government transparency (2019 Transparency International);
    • Friendly visa regime with visa exemption for over 100 countries (Africa, Commonwealth and Francophonie).

Rwanda will grant businesses and investors an extensive range of benefits, including no foreign exchange controls, no restrictions on foreign ownership or assets, 100% repatriation of profits and exemptions from capital gains tax within a transparent jurisdiction based on the rule of law.

To provide additional security and safety, businesses and investors have access to an independent dispute resolution mechanism essential for resolving any disputes in complex financial transactions.