Effects of lockdowns on African businesses and the economy
´óÏó´«Ã½ Smart Money examines the effects of the lockdowns on Rwandan businesses and the economy in general.
Rwanda over the years has established itself as a safe and secure destination for Meetings, Investments, Conferences, and Events, due to an enabling environment, investment in world-class venues, ease of connectivity, and open visa policy, among others. In fact, in 2019, the Rwanda Development Board revealed that the country attracted over US$2 billion in investment commitments. However, due to the challenges posed by the COVID-19 pandemic, the investments decreased by over 47% to a tune of US$ 1.3 billion in 2020.
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