It has averaged GDP growth of more than 7% per annum over the last decade, outperforming the wider Sub-Saharan region. This has been achieved despite Rwanda having fewer natural resources than many of Africa’s other fast-growing economies.
The country’s economic growth has been fostered by the Rwandan government’s investment in infrastructure and by its concerted efforts to encourage business activity and entrepreneurship. It has introduced a series of reforms with the specific aim of meeting the criteria of the World Bank’s Doing Business survey, which ranks countries’ commercial environments. Rwanda has risen up the World Bank ranking from 139th in the world in 2006 to 46th in 2015. This means that Rwanda is now rated as an easier place to do business than, for example, Italy.
Source : Knight Frank