Flash Report /
Rwanda

Rwanda hit by Omicron, but not a cause for concern yet

  • Rwanda confirms six cases of the Omicron variant; the government has introduced new containment measures in response

  • New curbs are not as restrictive compared with measures announced previously – we expect little impact on the economy

  • Rwanda is still one of Africa's best growth stories – we have a Buy recommendation on the Bank of Kigali

Rwanda hit by Omicron, but not a cause for concern yet
Faith Mwangi
Faith Mwangi

Equity Research Analyst, Financials (East Africa)

Tellimer Research
16 December 2021
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