Head Topics

Rwanda: Why Rwanda Is Attracting Increased Investments

  • 📰 allafrica
  • ⏱ Reading Time:
  • 36 sec. here
  • 16 min. at publisher
  • 📊 Quality Score:
  • News: 67%
  • Publisher: 99%

Africa News

For e-mobility company BasiGo, Rwanda is an ideal place for its investment. The firm has a commitment to delivering 200 electric buses to Rwanda by 2025, with an outlay of $40 million, company executives say.

The development is towards having cleaner and greener streets in the country as the company intends to contribute to the creation of a sustainable, and inclusive public transport ecosystem in Rwanda , the firm indicated.

In 2021, it enacted what Orishaba described as one of the most favourable e-mobility policies in sub-Saharan Africa. On the other hand, investors committed to invest $128.4 million in financial and insurance activities, and $103.8 million in electricity, gas, steam and air conditioning supply services.The sectors that the programme targets are some of the sectors that attracted the most investments last year.

"It was an excellent platform to attract potential investors," RDB said in a statement, adding that the Rwanda-Dubai trade mission organised on December 4, 2023, and the Rwanda-Dubai business forum that took place in 2022 contributed to enticing investors from Dubai.

Source: News Formal (newsformal.com)

News Politics Economy Trade Business Sports Current Events Travel Rwanda East Africa Economy Business And Finance Investment Central Africa

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Rwanda: Breaking Colonial Military Myths in RwandaWho would've guessed? If you've been pumping out your chest in the belief that you are no longer captive to remnants of colonial legacy military myths, perish the thought!
Source: allafrica - 🏆 1. / 99 Read more »

Rwanda: UK Sends First Voluntary Asylum Seeker to Rwandathe first asylum seeker has been deported to Rwanda under Rishi Sunak's migrant crackdown.
Source: allafrica - 🏆 1. / 99 Read more »

Rwanda: UK Detaining Asylum-Seekers for Deportation to RwandaBritain has detained an unspecified number of migrants for deportation to Rwanda under its new immigration policy, government officials said Wednesday.
Source: allafrica - 🏆 1. / 99 Read more »

Rwanda: UN Leaders Warn of Harm from UK-Rwanda Asylum LawThe heads of two UN agencies have again rung the alarm on the harmful impact the passage of the 'Safety of Rwanda' Bill by the UK Parliament will have on global responsibility-sharing, human rights, and refugee protection.
Source: allafrica - 🏆 1. / 99 Read more »

Rwanda: Morgan Freeman's Documentary Features Rwanda's Reconciliation StoryRenowned US actor and film maker Morgan Freeman recently released season one of his series 'The Story Of Us', that tackles some of the fundamental forces that drive humanity including love, freedom, peace, factionalism, power and rebellion.
Source: allafrica - 🏆 1. / 99 Read more »

Rwanda: Achieving a Malaria-Free Rwanda By 2030 Is PossibleLatest data from Rwanda Biomedical Centre, as reported by The New Times in its April 24 edition, indicates that malaria cases in the country dropped by a staggering 88% in 2023.
Source: allafrica - 🏆 1. / 99 Read more »