According to the National Bank of Rwanda, the value of total digital transactions (payments, mobile banking and internet banking) jumped by 45% yoy in H1 20 following the implementation of Covid-19 relief measures that were meant to spur cashless tra...

The IMF recently completed its review mission to Rwanda. As we said in September, we think Rwanda’s growth model is sustainable and high growth will likely return. On the capital front, since the suspension of payment of 2019 dividends, the regulator...

Rwanda has averaged real GDP growth of 8.8% annually over the past 25 years and 7.4% over the past decade, the fifth-highest growth rate globally and second only to Ethiopia in SSA. However, like Ethiopia, growth has so far been driven largely by the...

The investment to realise that manufacturing potential is likely driven by serving local and nearby regional markets in contrast to North Africa (EU exports) or South East Asia (global exports and China relocation). Our relative scorecard uses the sa...

While the COVID-19 crisis is sending shockwaves around the globe, low-income developing countries (LIDCs) are in a particularly difficult position to respond. At the same time, limited resources and weak institutions constrain the capacity of many LI...

At the end of January, I stood beside Murchison Falls with my family, drenched in the spray of the world’s most power waterfall, and I reflected on how much can change in a generation. Comparing the modelled outcome for Africa in 2021 with the curren...