Rwanda emerging as a key tech and investment hub in Africa
As South Africa, Kenya and Nigeria dominate the African tech ecosystem, Rwanda is slowly, yet assuredly, emerging as a key tech and investment hub with its ease of doing business. Partech Ventures’ 2017 report revealed that South Africa, Kenya and Nigeria accounted for 76 percent of total funding in 2017 and was the top three tech startup ecosystems to have highest number of startups funded per country. Whilst the trio continue to dominate, Rwanda, despite its small population, is positioning itself as a profitable commercial hub through its ease of doing business [Rwanda ranks 29th globally in World Bank’s annual ‘Doing Business Report’], and by implementing a lenient visa policy. Much of the partnership work has been undertaken by the Rwanda Development Board, whose mission is to stimula...