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Rwanda Development Board registers US$ 1.3 billion worth of investments in 2020


Editor
February 11, 2021
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A snapshot of the investments RDB registered last year
The Rwanda Development Board (RDB) registered investments worth US$ 1.3 billion in 2020, a decrease of 47.1% from the previous year. In 2019, RDB registered investments worth US$ 2.46 billion. The decline in investments was attributed to the COVID-19 pandemic that affected the global economy.
Real estate and construction and manufacturing accounted for 68% of all investments registered at 48% and 20% respectively. Other sectors that attracted significant investments include agriculture, ICT, energy, mining and financial services.
A total of 24,703 jobs are expected to be created by the new investments with the manufacturing and construction sectors expected to create 8,661 and 6,372 new jobs, respectively. The Government aims to create 214,000 new jobs every year from investments and other employment sources. ....

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