Early February the Government of Rwanda and UNCTAD launched a web-based investment portal for Rwanda dubbed iGuide in a move to provide quick investment information online to investors and visitors to increase investments in the country and make it easy for the investors to set up shop in the country.
The portal has updated info on costs, wages and taxes, local laws, procedures and contacts.
According to Tony Nsanganira, COO Rwanda Development Board, thanked UNCTAD the iGuides will enable the Government to better reach potential investors.
Nsanganira said the iGuides make information access easier than the booklets it had which used to be updated after every two years.
He added, “Apart from embracing new technology advancement, this comes in line with a series of reforms to improve Rwanda business climate, ensuring its competitiveness in the region and at the same time facilitating business and promoting investment”.
Gunter Fischer of UNCTAD’s Landlocked Developing Countries Section, the web-based investment guide to investing in Rwanda is part of the organisations technical assistance activities to strengthen national capacity for FDI attraction in land-locked developing countries. The living guides can be updated or edited anytime and has up to date data on prices, wages and taxes for easy access by investors.
Rwanda becomes the first African country to launch the iGuides. Other iGuides to be launched include in Burundi, Nepal, Djibouti, Eastern Morocco, Mongolia and Uganda.