Rwanda most attractive retail market

Share it

 

Rwanda most attractive retail market

A.T. Kearney, the global management consulting firm, has ranked Africa’s top 10 countries according to retail investment opportunities.

The published data titled 2014 African Retail Development Index, ranks countries on a scale of 100 to 1 with 100 representing greatest opportunity (and 1 being “don’t waste your money”.

The index revealed Rwanda as the two most promising countries for investors looking to invest or expand their business in the African retail market – Rwanda scored 70 with western Africa economic giants Nigeria in second place scoring 64. Namibia ranked third (60).

According to A. T. Kearney, the Index identifies not only the most attractive markets today, but also those that offer the most potential in the future.

John Aredo an economic expert teaching at the university of Rwanda noted that the right combination of stable leadership, low unemployment levels and a fast growing economy have enabled Rwanda to be an attractive retail marker investment.

“The Rwandan market gives opportunity to all sorts of legal businesses, returns on investment are also higher than anywhere on the continent due to a very positive investor friendly environment that is corruption free,” Aredo further explained.

This fiscal year the government aims to double the number of investors in the country with large scale investment a target for the state.

Tags:

 

About the author

Olive Ndaka is the Junior Editor for RwandaEye. An investor and young entrepreneur, she is a quick learner and has contributed many articles for RwandaEye in Kinyarwanda.

More posts by | Visit the site of Ndaka

 

0 Comments

You can be the first one to leave a comment.

Leave a Comment

 




 

 
 

Warning: Illegal string offset 'id' in /home/wp_ts2em7/rwandaeye.com/wp-content/themes/manifesto/footer.php on line 4

Warning: Illegal string offset 'id' in /home/wp_ts2em7/rwandaeye.com/wp-content/themes/manifesto/footer.php on line 4

Warning: Illegal string offset 'id' in /home/wp_ts2em7/rwandaeye.com/wp-content/themes/manifesto/footer.php on line 4