Rwanda continues to develop and Kigali, its capital city, is becoming a go to for both local and
international entrepreneurs both small and big to trial their ideas.
international entrepreneurs both small and big to trial their ideas.
As of recent, Kigali was ranked No.1 entrepreneurial city in Africa by Business Insider. This
is thanks to many factors including: Rwanda is 2nd in Sub-Saharan Africa on Ease Doing Business
ranking by World Bank, Kigali city is also ranked the safest city in Africa for travelers, and the
cleanest city in Africa. On top of that, the Government of Rwanda has significantly invested other
areas such as electricity, roads, water access, education, health care, and the rule of law. Most importantly
for the entrepreneurs and investors though, Rwanda is ranked the 54th least corrupted country in
the world and 4th in Africa and it only takes 6 hours to register your business through its flagship
Rwanda Development Board. Rwanda is also positioning itself as the go to country for hosting
meetings and large conferences --- Kigali recently ranked by ICCA as the 2nd best destination for
meetings in Africa. While Rwanda's tourism and hospitality sector continues to soar through its #VisitRwanda brand.
Kigali also host Norrsken House, the region’s largest hub for entrepreneurs, where you can connect with founders and investors from all over Africa. If you're wondering where to invest your hard earned money to generate more; there is definitely no many better place in Africa than Rwanda.
In my previous article about investment opportunities in Rwanda, few years ago, I broadly specified sectors to invest in. Although some of the sectors like E-commerce, Real Estate, Food processing, etc. still present good opportunities; however, some people found it overwhelming to know where to start. In this article, I'll try to be specific on what business ideas to invest in:
10. Cold Chain Trucks: Rwanda has one of the most varied and best agro-ecological zones
suitable for growing different crops all year long, especially horticulture, and most Rwandans outside
of Kigali are engaged in agriculture. However, transport of fresh produce from rural areas to Kigali is
still a challenge.
