Increased National Income
USD1,435 GDP per capita by 2027
Success Stories
Rwanda Private Sector-led Transformation Programme
Industry
Government
Project Overview
In 2022, the Government of Rwanda facilitated by Rwanda Development Board (RDB) worked alongside PEMANDU to deliver its aspirations through engagements that would complement and accelerate the realization of Rwanda’s Vision 2050 and the National Strategy for Transformation (NST-1) targets
Scope
Government Transformation
Public Policy
Communications and Investor Relations
Problem Statement
Rwanda houses one of Africa’s fastest developing economies, growing at an average of 10.8% since 2016, but its economy was negatively impacted by the Covid-19 pandemic, recording 3.4% GDP contraction While Rwanda is still focused on its long-term aspirations to achieve Upper Middle Income by 2035 and High Income by 2050, based on its current trajectory, Rwanda is projected to only become a High-Income Nation in 2077, 27 years after its 2050 target.
In 2022, the Government of Rwanda engaged PEMANDU Associates in developing the Rwanda Private Sector-Led Transformation Programme, in an effort to craft strategies in assisting Rwanda realise it’s aspiration of achieving Upper Middle-Income and High-Income status by 2035 and 2050 respectively.
Project
Approach
Impact Delivered
Key Lab Outcomes
Identification of a total of 112 projects and investments:
51 Projects
Making the Most
60 Projects
New Opportunities
1 Project
Breaking New Ground
