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
Investment firm Phatisa has sold its majority stake in Zambia’s egg producer Goldenlay. Belgian animal feed company Vanden Avenne acquired the...
Ghana has signed a debt restructuring agreement with Belgium, its eighth such deal with external creditors. The agreement forms part of the country’s...
Angola secures World Bank-backed debt swap to finance education system Up to $400 million commercial debt to be refinanced on better...
IFC leads package with support from Proparco, BII, OPEC Fund Programme could finance at least 1,500 SMEs over four years Rawbank said on...
Most Read
01

Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...

Senegal Launches $360 Million Regional Bond Sale
02

Military escalation between Iran, Israel, and the United States has raised the risk of disruptions...

As Hormuz and Suez Tensions Escalate, Africa Faces a Potential Energy and Trade Shock
03

Algeria’s NESDA and the Algerian‑Saudi Investment Company sign cooperation deal focused on researc...

Algeria’s NESDA, ASICOM Sign SME Investment Deal; Funding Details Unspecified
04

DRC seeks ITC support for local battery value chains Musompo SEZ targets $2 billion private ...

DRC seeks ITC support to advance battery mineral value chains
05

Central Bank of Nigeria said 20 commercial banks have met new minimum capital requirements, with...

Nigeria Advances Banking Reform With Strong Recapitalization Progress
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.