-
Is Rwanda the next big thing in Africa?
June 30, 2013 Editor 0
Does Rwanda’s impressive growth tell the whole story? (Credit: CIAT, Flickr Creative Commons)Over the last few years, a lot of optimism has been built around Rwanda being the next big thing in Africa. I guess one reason for this optimism is Rwanda’s impressive list of business friendly reforms and its equally impressive growth performance. Between 2006 and 2011, per capita income in Rwanda grew at an average rate of 5.1 percent per annum, fifth highest in Sub-Saharan Africa (SSA) region and much better than the regional average rate of 2.4 percent. Moreover, Rwanda currently ranks third in the region in the quality of the business environment as measured by the World Bank Group’s Ease of Doing Business index. So, is Rwanda really the next big thing in Africa?
Related Posts
Stellenbosch engineering students showcase talents with mobile palletising solution
Different thinking or similar models: do entrepreneurs and franchisees apply the same decision-making models prior to establishing a company?
Bio-enhanced Seeds: creating the next generation of seeds
- InnovationAfrica: The year in review
- Global Ideas News Brief: Is there an app to save the world?
Nigeria: Report Unveils New Trends in Mobile Phone Usage
Categories: World Bank PSD
Zege Technologies emerges Second Best in Dragons Den Pitching Competition in South Africa Co-creating a SMART Rwanda, SMART Africa and SMART World
Subscribe to our stories
Recent Posts
- SL Crowd Green Solutions September 21, 2020
- Digital transformation in the banking sector: surveys exploration and analytics August 3, 2020
- Why Let Others Disrupt You? Take the Smart Self-Disruption Journey! August 3, 2020
- 5 Tips for Crowdfunding During the Pandemic August 3, 2020
- innovation + africa; +639 new citations August 3, 2020
Categories
Archives
Popular Post-All time
- A review on biomass-based... 0.9k views
- Can blockchain disrupt ge... 669 views
- Prize-winning projects pr... 646 views
- Apply Now: $500,000 for Y... 602 views
- Test Your Value Propositi... 523 views