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Sunday 26 February 2017 07:27

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Contact / Focal person: NIRERE Sylvie E-mail:    snirere@minagri.gov.rw

 Mobile : +250 738824242

Ministry of Agriculture and Animal Resources

BP 621, KIGALI - RWANDA

 

 

Investors’ link

The Ministry of Agriculture and Animal Resources puts investors’ needs as one of their top priorities and key elements towards agricultural and economic growth of Rwanda. 

This section is dedicated to providing relevant information regarding investment in Rwanda’s agriculture and livestock sectors. We are currently under construction and still in the process of making accessible a comprehensive and detailed Investors’ Guide through our website.

In the meantime, we offer a range of materials and contacts that offer details and information on agricultural investment in Rwanda, various investment opportunities, and information pertaining to the investment process in the country. 

Please feel free to contact the Ministry of Agriculture & Animal Resources for direct assistance, as well as our Agriculture Investment Specialist, Sylvie Nirere at snirere@minagri.gov.rw

Executive Summary

The 1994 Genocide left a shattered country with a broken economy in Sub-Saharan Africa. However, since then, Rwanda has exceeded expectations and experienced a period of robust economic growth.  Rwanda ranked 3rd among the Sub-Saharan Africa Countries after Mauritius and South Africa, and 46th globally, out of 189 economies included in the World Bank Ease of Doing Business Report, 2015. It is also the highest ranking economy within the index in the low income category. Rwanda’s economy has been growing steadily at about 8% since 2001 with GDP per capita more than tripling from US$ 211 in 2001 to US$ 718 in 2014. 

Rwanda has established a stable government, with a clear vision and inspirational leadership that has low tolerance for crime and corruption, differentiating itself from the rest of Sub-Sahara Africa.

 

With the Government of Rwanda’s national priorities to see the country reaching middle-income status and positioning itself as a business hub in the East African Region, it has been vigorously working towards nurturing an environment for ease of business and investment, as well as lowering its dependency on external aid. Its vision, articulated in various national strategy papers, including Vision 2020, Economic Development & Poverty Reduction Strategy II (EDPRSII), and the Strategic Plan for Transformation of Rwandan Agriculture III (PSTAIII), all look at overall goals of changing the agriculture sector from a subsistence-based sector to a knowledge-intensive sector, as well as moving from a largely dependent public sector to a market-oriented private sector.

 

The agriculture sector contributes about 35% to the national GDP, and is seen as an area with priority development, employing about 70% of the population in Rwanda. It has been the main driver of growth and poverty reduction, pulling 1.7 million people above the poverty line in only five years. It is the foundation and backbone of the economy, and has witnessed increased investments in agricultural inputs, land consolidation, infrastructure, and production. With increased commercialization, the agriculture sector has been the driving force for about 45% of poverty reduction in the last decade. 

It continues to be the main focus for lifting the poor out of poverty in both the nation’s short-term and long-term vision. Combining investment and increased business activity in agricultural productivity will be the main driver of providing higher standards of welfare for the poor, as well as creating an agribusiness hub of the region, a goal particularly set by the Ministry of Agriculture & Animal Resources.

Rwanda has the potential to serve the regional East African Community market, and other neighbouring countries, especially with the newly created East African Commodities Exchange, launched at the World Economic Forum in 2013. Rwanda also offers a largely untapped market and niche opportunities; the Government of Rwanda has placed special focus on developing the ICT sector, with transport and communications the fastest-growing services sub-sector in 2012, which has been a large contributor to the benefit of the agriculture sector regarding productivity and access to markets. 

Rwanda has laid strategies to attract investors in agriculture development. These include increased private credit to agriculture to all levels, such as identifying profitable opportunities and actively engaging the private sector, encouraging high value public private partnerships and encouraging collaboration between farmers and the private sector. 

The Government of Rwanda also believes that it should not be involved in providing services and products that can be delivered more efficiently by the private sector. It is committed to privatization policy that helps reduce costs, prices, and widen consumer choice. The Government of Rwanda will act as a catalyst, ensuring infrastructure, human resources, and legal frameworks that will stimulate private investment, the foundation of ease of business and investment in Rwanda.