Rwanda
Rwanda's economy has been forecast to grow at a slightly slower pace this year before picking up speed again in 2024 and 2025. Finance Minister Uzziel Ndagijimana told parliament Wednesday the economy was forecast to grow 6.2% in 2023 and around 7.5% in 2024 and 2025.
Rwanda is a small but growing market, with a population of nearly 13 million people and a GDP of $10.354 billion, according to the World Bank.
Before the COVID-19 pandemic, the east African nation enjoyed strong economic growth, averaging over seven percent GDP growth annually over the last two decades. The economy grew 6.8% in 2022 according to the finance ministry.
Leading sectors in Rwanda include energy, agriculture, trade and hospitality, and financial services.
01:20
British prime minister says Rwanda migration policy already working as a deterrent
Go to video
Botswana rejects controversial UK proposal on asylum-seekers
Go to video
Expulsions in Rwanda: genesis of a controversial bill
01:09
Asylum seekers fearful after Britain approves Rwanda deportation bill
01:53
First deportation flights will leave UK for Rwanda in 10-12 weeks, Prime Minister Sunak pledges
01:02
Pics of the day: April 16, 2024