Rwanda Development Board (RDB) in collaboration with UN Conference on Trade and Development (UNCTAD) has launched an online Investment guide (iGuide) to provide investors with up-to-date information on investment opportunities and other business related information in Rwanda.
Rwanda is the first country in Africa to implement the online version of the investment guide.
Speaking of the new online guide, Tony Nsanganira, RDB Acting Chief Operating Officer, said “Rwanda had an investment guide as booklet that was reviewed every two years.
Apart from embracing new technology advancement, this comes in line with a series of reforms to improve Rwanda business climate, ensuring its competitiveness in the region and facilitating business and promoting investment”.
The i-guide will build additional added value to help Rwanda strategize and maximise advantages that make Rwanda more competitive and drawing attention from international observers and investors alike.
Any element can be easily updated at any time to reflect changes in legislation, infrastructure, costs or taxes, which will feed periodically potential investors, key players and decision makers various information such established investors experience, locally available data Relevant, rules and licensing requirements, timelines, useful contacts and how the country addresses investor’s concerns.
The Rwandan Government has been working with UNCTAD for over 20 years to set up different instruments including investment guides, e-regulations, FDI statistics, advice on investment agreements and the World Investment Report while working hand in hand with the World Investment Forum.
The government duty during the setting up of i-guide is to conduct researches, inputting and updating data based on information standards while the UNCTAD provide expertise.