Rwanda is known to have geological potential in several resources – cassiterite, coltan, gold, and certain precious stones. The country is known to have significant tourism potential and a favourable business environment in Africa. Recently, there has been huge progress in governance practices as well as ensuring political stability.
The country is experiencing developments in the agriculture, mining, and infrastructure industry, creating more opportunities for employment outsourcing. Africa HR Solutions is the go-to partner for all your HR outsourcing plans. Our in-country experts listen to you and guide you with our range of bespoke Rwanda HR outsourcing services – Professional Employer Organisation (PEO), Employer of Record, payroll outsourcing, and other ancillary solutions – to make sure you expand your operations to Rwanda with peace of mind and in line with all the regulations, policies, laws and cultural norms.
Country Profile - Rwanda
Population: 12.3 mn
Gross Domestic Product (GDP): $432.30 bn
GDP Growth: 8.7%
Foreign Direct Investment (% of GDP): 3.2%
Unemployment Rate: 1.0 %
Currency: Rwandan franc
Languages: Kinyarwanda, English, French
Considered as a small and landlocked economy, Rwanda boasts one of the best business environments in Africa. The country has significant tourism potential and untapped geological resources such as gold, precious stones and coltan. Rwanda is relatively stable and has made huge progress in terms of governance. The economy is somehow quite dependent on commodity prices and foreign assistance. For the past 10 years, the IMF and the World Bank have carried out fundamental economic and structural reforms to boost the economy.
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