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Rwanda is on a transformation path from a low-income to a middle-income country and agriculture remains the backbone for sustained economic growth. In this perspective, rapid transformation in agriculture for economic growth and farm level food security will require strategic investment in production, potential value chains and supporting infrastructure. To get there, various initiatives were aligned with strategic frameworks in place, mainly the Fourth Strategic plan for Agriculture Transformation (PSTA4), the PSTA 5 in pipeline and the Vision 2050. 

With regard to investment climate, Rwanda has a business friendly regulation, 2nd in Africa for ease of Doing Business and Global Competitiveness. Thanks to the Investment Law No. 006/2021, and being part of the East African Community (EAC) Common Market with market and customers Union with market potential of over 132 million people, the country has the 2nd fastest growing economy in Africa. Regarding efficiency in supporting investment processes, Rwanda is a country with free business registration, with a highly digitalized and efficient administration and with a One Stop Centre for investors with dedicated investment acceleration and aftercare team. 

As of September 2023, HIH geographical areas were selected, territories with high agricultural potential selected, potential value chains identified and investment opportunities identified. Nyaruguru and Ngororero Districts and the Kaduha-Gitwe Corridor (covering Nyamagabe, Nyanza and Ruhango Districts) (Figure 1&2) were identified as areas where HIH impact is expected to be higher. 

 

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For more information, please contact the Hand-in-Hand team.