The awards giving ceremony to be held for the sixth time in a row are celebrated a bid to recognize the private sector’s essential role in growing Rwanda’s economy according to RDB.
Both local and foreign investors in Rwanda were encouraged to participate in this year’s awards.
The awards will see entrepreneurs be rewarded in different categories including the Investor of the Year, Exporter of the Year, Innovator of the Year, Woman Entrepreneur of the Year, Young Entrepreneur of the Year, Made in Rwanda Enterprise of the Year and the SME of the Year.
Launching the awards in November last year, RDB Chief Executive Officer, Clare Akamanzi, said; “Exports in Rwanda increased by 30% last year and GDP grew by over seven percent. This is clear evidence that the Rwandan private sector has been thriving. The ‘Made in Rwanda’ initiative, which aims not only to increase local employment but also reduce the country’s trade deficit, is possible because local businesses are playing their role and with the RDB Business Excellence Awards we are recognizing this fact”.
Akamanzi said reducing the trade deficit is very much possible owing to the will the Rwanda’s private sector members have.
Africa Improved Foods (AIF) was awarded as the Investor of the Year in the 2017 RDB Business Excellence Awards.