The Singapore of Africa?

[M.A.D.]

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The Singapore of Africa?

Rwanda has, however, made great strides since those dark days nearly two decades ago. The reason why Kigali is so clean is because the last Saturday of each month is a compulsory ‘cleaning day’, when all business comes to a halt.

In 2011, Charles Robertson from Renaissance Capital wrote that a visit to Rwanda was the greatest positive shock of his professional career. He stated that Rwanda is implementing many of the same economic reforms that Singapore introduced since the 1960s to transform itself into one of the world’s foremost financial centres.
Rwanda has done a lot to improve its business environment. According to data from the World Bank and IFC, it takes about three days to start a business in Rwanda, compared to an average of 34 days in the rest of sub-Saharan Africa.

Foreign investors have also taken notice of these reforms. Earlier this month South Africa’s Protea Hospitality Group announced that it will open a hotel in Kigali. A new five-start Marriott hotel is also set to open later this year. In addition, Reuters recently reported that Rwanda has signed a deal with South Korea’s largest telecoms provider KT Corp to roll out high-speed 4G internet to most of its citizens within three years.

Link: Rwanda

KT Corporation also known as KT formerly Korea Telecom, in Korean 주식회사 케이티(formerly 한국통신), is a South Korean integrated wired/wireless telecommunication service provider. KT focuses on information & communications business, and it has the largest portion of the South Korean local telephone and high-speed Internet business. Originally founded in 1981 as a public corporation, KT actively led Korea’s transition to the information era and played a key role in promoting the growth of Korea into a globally recognized IT superpower. In 2009, KT merged with its mobile subsidiary KTF, paving the way to the convergence of fixed and mobile services. Since KT initially introduced iPhone to South Korea, it constantly seeks new business area, such as media, virtual goods, and global business with its domestic businesses experiences. The company has a well-distributed shareholder structure under which the National Pension Service(NPS) is the largest shareholder(6.81% as of December 31, 2012),[2] but NPS holds no managerial rights over the company. Under the current shareholder structure, no controlling shareholder exists.

KT Corporation - Wikipedia, the free encyclopedia

[balipseyev]

Rwanda you say? Mao ni sa Rwanda ay, payloader ang tighakut sa patay...

[M.A.D.]

Yes, I know what happened there before. But those pictures, memes if you wish... what year was it taken? Though I would be hard pressed not to believe those foreigners especially south korea go there and help build the nation.

Anyway, the source above came from a link shared by an investor. Hmmm maybe they know something that I don't, something that most people don't. Is china actually part of the investments going into rwanda? as they have been active in africa for quite a while? I don't know. You tell me.

Rwanda you say? Mao ni sa Rwanda ay, payloader ang tighakut sa patay...

[silent-kill]

diri napud ma ipit mga investors.

[æRLO]

I'll believe it when they can actually solve the Tutsi-Hutu distrust with each other. Before 1994, Rwanda was actually a thriving economy--until the genocide. The ethnic issue has become a big hindrance to that country.

Maybe it's on its way to becoming the "Singapore of Africa", but it would still be a long ways.

In a somewhat related story, Don't you think the Democratic Republic of Congo is the "Philippines of Africa". I mean the Congo and the Philippines had a parallel of being the envy of their neighbors during the 50s because of its potential, then became well, what they are now.

[M.A.D.]

Hello,

Thanks for bringing that up. I do some research and come back with the numbers. As for congo, I'll do some research too but it won't be much of a priority. Be patient with me.

I'll believe it when they can actually solve the Tutsi-Hutu distrust with each other. Before 1994, Rwanda was actually a thriving economy--until the genocide. The ethnic issue has become a big hindrance to that country.

Maybe it's on its way to becoming the "Singapore of Africa", but it would still be a long ways.

In a somewhat related story, Don't you think the Democratic Republic of Congo is the "Philippines of Africa". I mean the Congo and the Philippines had a parallel of being the envy of their neighbors during the 50s because of its potential, then became well, what they are now.

[mybuuz]

this is a big leap for Rwanda. sakto gyud nga dili makat-on ang mga tao kung dili iagi ug big calamity in the past.
dili unta moagi ug mas grabe pa ang Pilipinas before makat-on.

[reptoid]

Tribalism dies hard. Tensions will be simmering below the surface for many years to come, don't be surprised if violence erupts once more in Rwanda.

[balipseyev]

Lately Congo is accusing Rwanda of harboring/supporting the M23 Rebels, shelled rebel positions inside Rwanda...

Ang ganahan ra naku sa ilahang policy karun kay katong gi pang round-up tanang mga street children/beggars sa dalan ug gibutang sa usa ka island. In ana sad unta dri pinas arun mawala ng mga samok na cgeg pangayo sa dalan...

I think it sa New York Times man naku to nabasahan...

[mang kulas]

Cge lng tag research sa kalambuan sa ubang nasod.... wala jud ta mutotok sa kalambuan sa atong kaugalingon, mao na pilipino himantayon kaayu sa laing taw dili magta.aw sa kaugalingon....

Wala ta mauwaw ana, grabe kaayu ilang tribal war as in pinatyanay jud.. and that was 2 decades ago. while atong nasod naunsa, kanus.a pa gud tong marcos regime, unya unsa raman tong martial law uy, wala raman nang history nato sa uabng nasod, kataw.an lng ta. kay kamingking ra. hangtod karon intawn nag punga2x japon ang pilipinas