The Global Competitiveness Index released, this week, ranked Rwanda among the top countries in competitiveness in Sub-Saharan Africa, for the second consecutive year.
The Index is a product of a survey by the World Economic Forum (WEF) that provides a comprehensive picture of individual country competitiveness landscape, through 12 pillars that include the strength of the economy, education and social welfare.
In Sub-Saharan Africa, Rwanda emerged 3rd behind Mauritius and South Africa.
In the recent past, the country has embarked on an ambitious drive to promote business and attract investors. Rwanda Development Board (RDB), has spearheaded a number of reforms that have made Rwanda an ideal investment destination.
The reforms have seen Rwanda go up the World Bank’s doing business rankings and is now placed the 4th in Africa.
The government has also invested in infrastructure, technology and energy to further boost business.
The leadership has been working relentlessly to improve competitiveness, ease of doing business and by looking at the revenues from Foreign Direct Investments, as well as the growth of the private sector, the efforts are paying off.