Rwanda High Commissioner woos Nigerian investors, tourists
Rwanda High Commissioner to Nigeria, Amb. Christophe Bazivamo, on Monday called on Nigerian investors to explore the country’s growing investment landscape.
Bazivamo described Rwanda as one of Africa’s most dynamic and business-friendly countries.
The envoy said this during Invest in Rwanda Forum organised by the Rwanda Development Board (RDB) in collaboration with the Lagos Chamber of Commerce and Industry (LCCI),, in Lagos.
He noted that Rwanda currently offers profitable investment opportunities in technology, infrastructure, agriculture, mining, renewable energy, real estate, and tourism.
He said that the country had made remarkable economic progress over the past three decades, transforming challenges into opportunities and building a stable environment for investors.
“Investing in Rwanda is not just a financial opportunity; it is a chance to be part of a transformative story that spans an entire continent.
“Rwanda is a nation that has transformed challenges into opportunities. Over the past three decades, we have rebuilt our economy, strengthened our institutions, and invested strategically in our people and infrastructure.
“Today, Rwanda stands as one of Africa’s fastest-growing and most dynamic economies, achieving an average GDP growth of over seven percent annually.
“Rwanda ranks among the top-performing countries globally in key areas of business readiness.
“According to the 2024 B-READY Report, the country ranks 3rd globally in operational efficiency, 8th in public services, and 17th in regulatory framework.” he said
According to him, Rwanda’s expanding infrastructure and logistics sector, supported by RwandAir and modern transport corridors, had boosted exports by 33 per cent.
Baziyamo said in 2024 alone, Rwanda’s tourism sector generated $647 million in revenue, with over 1.36 million visitors.
He noted that the country also hosted 115 international conferences that attracted more than 52,000 delegates, generating $84.8 million.
Bazivamo also cited Kigali International Financial Centre (KIFC), which, he said, positioned Rwanda as a financial hub for Africa.
“Since its establishment in 2020, KIFC has attracted over 180 investors with assets under management exceeding Rwf 250 billion.
He said Nigeria remained one of Rwanda’s most important investment partners, contributing $313 million in 2024, the fourth largest foreign investment inflow that year.
“These figures reflect the strong foundation of trust and collaboration between our countries.
“We invite more Nigerian investors to join this growing ecosystem.”
He further disclosed that Rwanda secured a total of $3.2 billion in investment commitments in 2024, surpassing its national target by 32.4 per cent and creating over 51,000 jobs.
Bazivamo assured that Rwanda’s government, through the RDB, offers investors streamlined processes, tax incentives, and investment protection guarantees.
He encouraged potential partners to visit Rwanda, tour its industrial parks, and explore opportunities in emerging sectors aligned with their business interests.
“We are seeking partners who share our vision, investors ready to co-create, innovate, and expand across Africa.
“Rwanda is not just a market; it is a platform for regional growth and transformation.”
The ambassador reaffirmed Rwanda’s commitment to strengthening bilateral economic relations with Nigeria and fostering partnerships that drive sustainable growth across the continent.
