Known for its continental leadership, Rwanda boasts economic growth of 10.9%, according to the National Institute of Statistics of Rwanda (NISR).
While the country has managed to reverse the 3.4% contraction recorded in 2020, tensions with DR Congo have only worsened. So much so that President Félix Tshisekedi called an extraordinary Defense Council to demand the withdrawal of Rwandan troops, and the suspension of agreements linking Kinshasa to Kigali.
A hot potato for the African Union
A quarrel that is becoming a hot topic for the African Union. Particularly since, at sub-regional level, DR Congo remains a valuable strategic economic partner. Rwanda’s economic growth contracted to 2.3% for the 2019-2020 financial year, compared with 8.8% recorded the previous year, as the Covid-19 epidemic dealt a huge blow to the country’s economic activities. Moreover, the impact of the pandemic and the war in Ukraine are on the agenda for the Commonwealth Summit.
The current context clearly indicates that the country is at a crossroads, as the government seeks to revive key sectors such as manufacturing and its value chains, agriculture and its value chains, and construction and its value chains. This is the price to pay for making a significant contribution to post-Covid economic recovery.
Editorial staff (with IK and CA)