ICT in Rwanda - INVESTMENT OPPORTUNITY - iDiasporan

ICT in Rwanda

by Rwandan Development Board

Description

OVERVIEW OF ICT IN RWANDA

ICT in Rwanda

Information and Communication Technology is a central engine to driving Rwanda’s transformation to a knowledge based economy, a fact Rwanda has acknowledged by allocating a budget to ICT - as a percentage of its GDP - that is at par with OECD countries.

Rwanda continues to be one of the fastest growing African countries in ICT and there are several avenues for growth for the ICT sector – from e-commerce and e-services, mobile technologies, applications development and automation to becoming a regional center for the training of top quality ICT professionals and research. A robust ICT industry can create wealth, jobs and entrepreneurs.

 

 


  • Rwanda’s ICT Competitive advantage

    • Cheap labor compared to other countries in the Region
    • Young and dynamic workforce
    • Most favorable business environment in the EAC (2nd in Africa, WBG Ease of doing business Ranking 2015)
    • Transparency international index 2015 Rwanda ranked as least bribery prone in the EAC, and 3rd in Africa as whole.
    • World class ICT infrastructure
    • Strong & visionary leadership
    • Bi-lingual business environment (French and English)

     

    Mobile broadband penetration

    The total number of active mobile telephone subscriptions (90-days revenue generating subscribers) in Rwanda increased from 8,932,108 at the end of June - 2016 to 9,025,516 at the end of July-2016, thereby showing an increase of 1.5%. While postpaid subscription increased from 104,185 at the end of June-2016 to 108,229 at the end of July-2016, the prepaid subscriptions increased from 8,827,923 to 8,917,287 during the same period.

    Consequently different sectors especially Financial Institutions and Utilities are increasingly digitizing and mobilizing their products and services, reducing costs and providing compelling new experiences for consumers. 

  • CURRENT PROJECTS

    • ICT Park
    • Project Description:

     

    Development of an ICT park structured around and supporting the growth of the following clusters:

    • Energy
    • Internet, multimedia and mobile telecommunication
    • Knowledge
    • E-Government
    • Financial

     

    ICT Service and export

    Strategic partnership between GoR, Carnegie-Mellon University (CMU)  and AfDB according to which CMU will:

    • Provide ICT education in Kigali equivalent to that offered to its students  at the US Campus
    • Support the design of the Institutional program

     

    Investment Amount:

    • US$ 150m
    • Investment Mode:
    • Total Equity ownership or Joint Venture
  • 0 comments


    0 Comment Found...



    Leave a comment


INQUIRE-ABOUT-INVESTMENT


More investment opportunities

Start of Auto Complete Address Google API Code -- >