00:00:00 IGIHE NETWORK KINYARWANDA ENGLISH FRANCAIS

Industrial output increased by 7.1% in February 2025

By IGIHE
On 9 April 2025 at 09:05

The National Institute of Statistics of Rwanda (NISR) reported a 7.1% increase in industrial output for February 2025 compared to the same month in 2024, with an annual average growth of 9.4%.

The monthly Index of Industrial Production (IIP), released on April 9, 2025, highlighted significant growth in sectors such as mining and quarrying, electricity, water, and sanitation.

Electricity production increased by 21.5% in February 2025 compared to February 2024, while water and waste management grew by 17%. Mining and quarrying production saw a 14% rise, and manufacturing increased by 0.7%.

The Rwanda Mines, Petroleum, and Gas Board (RMB) recently indicated that adding value to mineral resources is a key strategy to boost revenue, aiming for $1.3 billion in the 2024/2025 fiscal year, up from $1.2 billion in 2023/2024.

RMB also reported that quarterly mineral exports are expected to contribute $325 million to Rwanda’s economy.

The 0.7% growth in industrial production was driven by a 26% increase in the production of metals, machinery, and related goods, along with a 28.2% rise in the production of mineral-based products. However, the production of clothing, textiles, and cotton-related products saw a decline of 15.8%.

Prime Minister Dr. Edouard Ngirente told Parliament on March 28, 2025, that the Rwandan government mulls developing the domestic textile industry to increase local garment production. The goal is to raise the proportion of Rwandans wearing locally produced garments from 5% to 100%.

Prime Minister Ngirente also shared that the Cabinet meeting on March 26, 2025, discussed measures to strengthen the textile industry, including facilitating easier access to fabric for local manufacturers.

The bird's eye view of Kigali Special Economic Zone.

Advertisement

YOUR OPINION ABOUT THIS ARTICLE

RULES AND REGULATIONS
Kwamamaza