Rwanda is a small, landlocked country in the East African Community. In recent years, macroeconomic stability and leadership, alongside reform of the investment environment, have been the biggest drivers of Rwanda’s growth. Rwanda has moved rapidly up the Doing Business index in 2010: it is now ranked 67 out of 183 globally in terms of Ease of Doing Business and is ranked 5 out of 46 in Sub-Saharan Africa (only behind Mauritius, South Africa, Botswana and Namibia). The government’s zero tolerance policy on corruption has also played a large role in helping to improve business confidence in the country.
Given Rwanda’s landlocked status, the government has emphasized infrastructure development and regional integration as key to the country’s growth. The government has also been looking to other developing countries for ideas on how to attract private sector investment and sustain growth, and draws inspiration from countries such as Botswana, China, Dubai, India and Singapore.
The IGC held preliminary discussions with the Government of Rwanda in March 2010 to discuss possible areas of collaboration and hopes to develop a partnership in the months ahead.
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