Diplomatist Magazine Rwanda 2018 | Page 27

RWANDA: AN AFRICAN TECH LEADER R wanda is close to become Africa’s digital centre by investing profoundly in ICT infrastructure. The government has for the past few years embarked on a journey to encourage Information and Communication Technologies (ICTs) as an enabler for fast-tracking the country’s economic development and transformation. President Paul Kagame has headed development initiatives, making the nation an early adopter of innovative technology. He has done that very well, promoting both smart ICT policies and, in general, supporting a more business-friendly environment. Rwanda continues to be one of the fastest growing African countries in ICT and there are numerous avenues for growth for the ICT sector – from e-commerce and e-services, mobile technologies, applications development and automation to becoming a regional centre for the training of ICT professionals and research. The government has installed over 5,000 kilometers of fi ber optic cable throughout Rwanda, with regional links to neighbouring countries. Rwanda is also one of the few countries in Africa to have launched a high-speed 4G LTE wireless broadband network in Kigali. ICT is an essential engine to driving Rwanda’s transformation to a knowledge-based economy, a fact Rwanda has accredited by allocating a budget to ICT – as a percentage of its GDP – that is at par with OECD countries. This sector is likely to lead the list of the top attractive investment sectors in the country if current trends are maintained, investors and experts predict. The sector which was formerly accredited for its role in encouraging the national business environment and improving convenience, also habours numerous investment opportunities. The key ICT project is an ICT Park supporting the growth of: • Energy • Internet and mobile communications • Knowledge (working with local universities) • E-government • Financial • ICT services Rwanda’s ICT competitive advantage 1. Cheap labour compared to other countries in the region 2. Young and dynamic workforce 3. The most favourable business environment in the EAC 4. Least bribery prone in Af