Browsing: Tourism in Rwanda

Rwanda tops economic growth in East Africa in 2022.

The International Monetary Fund projects that Rwanda will post 7 per cent growth in 2022

  • Rwanda weathered the Covid-19 pandemic to hit double-digit growth of 10.3 per cent for 2021 
  • Rwanda’s life expectancy has risen from 49 in 2000 to 66.6 in 2017, while extreme poverty fell from 40 per cent to 16 per cent

The economic growth in East Africa is expected to flourish with the admission of the DRC to the East African Community (EAC).

This move increases the region’s bargaining power and has offered an alternative port of entry that will facilitate international trade. It has also turned the focus to the region and its economic impact on the continent and the world at large.

Among the seven countries in East Africa, Rwanda has reported the most rapid economic growth in the region.

Over the years, Rwanda has endeared itself to the donor community: a nation where

COVID-19 impacted Rwanda’s Economy

A new report has revealed that Rwanda’s tourism revenues from international visitors dropped by an estimated 35 percent in 2020 compared to 2019, with the total of number of visitors dropping by 47.2 percent in 2020.

The report, Economic impact of the COVID-19 pandemic on East African economies by Deloitte indicates that in the months of April and May, Rwanda saw a drop of 100 percent in the number of international tourists following the announcement of the lockdown.

The losses related to Meetings, Conventions and Exhibitions (MICE) tourism were estimated to be around USD 80m for events that would have been hosted between Mar-2020 and Nov-2020.

The report shows that Rwanda benefitted on a global scale as from the third quarter of 2020 after being included on the European Union’s list of ‘epidemiologically safe’ countries for travel.

“The Rwanda Development Board (RDB) continues to promote tourism in 2021. The board …

Rwanda ranked Africa’s top emerging travel destination

Rwanda has been ranked as the top destination to travel to in Africa 2020 and among the top 30 globally, a report by Travel Lemming which recognizes trending destinations.

The annual awards were published this week on the Travel Lemming site which promotes emerging destinations around the world giving a solution to over-tourism and encouraging travellers to think beyond the traditional “tourist traps.”

Winners were selected after voting by 30 of the most popular travel bloggers in the industry, who collectively have more than 12 million followers on social media.

Among the factors that were listed by voters on why Rwanda was an ideal destination is the country’s growing connectivity through the national carrier RwandAir, safety and conservation efforts.

Rwanda having been named as the safest country in Africa by the economic forum and RwandAir slated to open direct flights from JFK (New York) to Kigali gave the country …