Rwanda is remarkably that one country that today is very proud because of her drastic economic transformation regardless of tragic past that left many wondering if it at one time would be what it is today. This beautiful landlocked state is full of wonders, just a few months ago, many were left wondering what magic this African nation uses and what still liggers in the minds of many is when it entered into a partnership with Arsenal in a ‘Visit Rwanda’ campaign. As if that wasn’t enough, things have continued unfolding till now this landlocked East African state also partnered with its Embassy to China and that in China in a move to attract investors and tourists. Like someone who knows what he or she wants, it took this remarkable country an entire week touring in this East Asian state. In order to achieve its set goal, the Rwanda Development Board (RDB) organized and showcased her investment and tourism opportunities to potential investors in major cities of Shanghai, Shenzhen, Beijing and the Dongguan Province. This also included a visit to industrial parks and manufacturing facilities in this Asian state.
The long one week event featured as the ‘Rwanda Week’ in China and kick started from 30th August to 8th September. It took place at a time when the Forum on China Africa Cooperation was scheduled around the same period. This however, included investor forums in Shenzhen and Beijing where 40 companies were targeted and also a one on one sessions with key investors in china and tour operators. It was through this that different investors were encouraged to pay a visit to this spectacular African country and also utilize most of its investment opportunities. What is amazing is that, like most African states, Rwanda on other hand is credited for its diverse investment opportunities most of which have not been tapped and yet more profitable in addition to its ideal business environment.
Just last year, the RDB signed a deal with Huajian Group- a Chinese investor to put up a manufacturing plant. Because this country’s ideal investment climate, this company was wooed that had also accomplished its investment plans in Ethiopia. Interestingly, this played part the fact that it had strategized in expanding its operations in East Africa. The other amazing bit of it is that, this year, the Chinese business sector also unveiled its interest to invest over $200 million in African continent.
Compared to Tanzania where foreign direct investments is a main priority, to Rwanda, government has created an ideal business environment as way to attract potential investors to boost its economy. In Tanzania, Chinese investment contributed about $4 billion in last year alone. When it comes to tourism, Rwanda on other hand features among the very few most stunning safari destinations in Africa regardless of stiff competition from the rest of the East African countries. Last year, it generated about $438 million in its tourism sector. Currently, Rwanda has positioned itself as luxury gorilla safari destination and this has been sighted attracting more revenues with tickets generating about $18 million an increase of 14.1%. Interestingly, gorilla safaris in Rwanda have helped boost on this country’s tourism sector worldwide.
Mountain gorillas in Rwanda are only found within the jungles of Volcanoes National Park making it one of the leading destinations in Africa for gorilla trekking. In addition, this park is also a home to golden monkeys, more than 200 distinct avi-faunal species and many more. Other national parks that this country boasts of include Akagera National Park-Rwanda’s only savanna grassland protected area with a wide array of incredible savanna wildlife species including African lions, elephants, buffaloes, rhinos, leopards, roan antelope and many more. Nyungwe Forest National Park is the other spectacular conservation area and this boasts of its abundant primate species. For refreshing travel experiences, Gishwati Mukura National Park is one of a kind protected area for you to explore.
Besides, it can now take part in the many international trade shows and marketing events which in a long run boosts its tourism sector as more tourists will be attracted to come and enjoy its remarkable attraction. This strong ties between Rwanda and China play a significant role in enhancing on its relations. Furthermore, investors in Rwanda also stand a chance to be beneficiaries of the East African community market which accounts for about 168 million people in the Common Market for East African Community (COMESA) that consists of 21 member states and over 520 million people where one can export duty free and even quota free.
Conclusively, Rwanda is undoubtedly one of the Africa’s most stunning states with diverse natural treasures that await for you to enjoy and comes with more investment opportunities both in the tourism industry and other important areas.
