Rwanda President sees growth accelerating on banking, mining

November 5, 2017

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Rwandan economic growth is expected to accelerate this year and next as the outlook for industries including financial services, tourism and mining improves, President Paul Kagame said. The pace of expansion is expected to increase to 7% next year from about 6% this year, Kagame said Thursday in an interview in Dubai. That compares with 2016’s growth rate of 5.9%, which was a three-year low. Output already increased in the second and third quarters after slowing last year when infrastructure projects were completed, he said.

Category: General