Public Management

Economic digital transformation pushed Rwanda to 10.9% growth for the first time

Economic digital transformation pushed Rwanda to 10.9% growth for the first time
Wednesday, 29 January 2020 17:37

Measures initiated by the Rwandan government to achieve an Economic digital transformation are bearing fruits. For the first time, the country records a growth of 10.9%, the Secretary-General of the Ministry of ICT and Innovation, Irere Claudette, reported this week. 

According to the official, the country has undergone a 20-year process of digital transformation in order to impact the economy. The action mainly boosted sectors such as construction, industry, transport, hotels and restaurants, and public services.

At the level of public services, this growth has been fostered by the introduction of a digital platform that allows taxes and official documents to be paid online in order to reduce the risk of corruption. In the tourism and hotels segments, good performances are the result of the implementation of a digital portal that facilitates the application for a permit to visit the country's various tourist sites.

The Rwandan authorities intend to maintain this growth dynamic by strengthening strategies to avoid price fluctuations on the export market and to increase productivity.

Let’s note the World Bank has made a series of recommendations to the Rwandan government to support economic growth. These include reducing the prices of ICT goods and services, and stepping up the fight against cybercrime.

André Chadrak

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Kenya signs supplementary budget raising spending to 4.69 trillion shillings Funds target security, education, housing, agriculture, health...
Gabon considers agency to strengthen asset recovery efforts Proposal targets illicit financial flows, financial crime enforcement Plan...
Zimbabwe launches new “BiG5 ZiG” banknotes to boost confidence Rollout starts with lower denominations, higher notes to follow Move supports...
Nigerian bank completes full acquisition of Paramount Bank Kenya Deal marks Zenith’s entry into Kenya and broader East African...
Most Read
01

Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...

Flutterwave Secures Banking License in Nigeria, Joining Push by Fintechs Like Revolut, Wise
02

BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...

BCEAO Imposes June 30 Deadline to Complete Instant Payments Integration
03

EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...

EBID Charts Green Shift to Finance West Africa’s Growth
04

This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...

Weekly Health Update | Africa Faces Health Supply Risks; DRC Ends Mpox Emergency
05

Coca-Cola will invest $1.03 billion in South Africa by 2030 to expand capacity and distributi...

Coca-Cola Plans $1 Billion Investment in South Africa After Nigeria Push
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.