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Rwanda:  Urbanization and Housing Transformation in Kigali

Rwanda: Urbanization and Housing Transformation in Kigali

Despite the breaking Genocide news in 1994 that left over a million Rwandans dead and thousands of orphaned children and widows, Rwanda has made significant steps of development. Various sectors including manufacturing, housing, and rural settlement, infrastructure and urbanization have been steadily growing. This has benefited the Rwandan community and boosted the country’s economy to […]

Rwanda: Real Estate Industry among the major Sectors propelling Economic Growth

Rwanda: Real Estate Industry among the major Sectors propelling Economic Growth

Rwanda: Real Estate Industry among the major Sectors propelling Economic Growth Last year, Rwanda posted an increase in economic growth mainly contributed to increased growth in the service sector, especially the real estate industry. This is according to a report released by the National Institute of Statistics of Rwanda (NISR). The economy grew by 6.0 […]

Rwanda: Reasons why Kigali’s Real Estate Sector has outperformed other major Regional Cities

Rwanda: Reasons why Kigali’s Real Estate Sector has outperformed other major Regional Cities

According to recent studies, Kigali rakes higher rental yields in the residential and retail sectors than other cities in Sub Saharan Africa. Rental yield is the rate of profits compared to the cost of the investment property, typically expressed in percentages.  Kigali records 8.1 percentages on average rental return from the residential real estate industry […]

Rwanda: A look into Kigali’s Real Estate Sector- Opportunity or Crisis

Rwanda: A look into Kigali’s Real Estate Sector- Opportunity or Crisis

Rwanda’s transformation has been mainly resulted from growth in urbanization and housing development. Kigali, the capital of Rwanda, is currently the fastest growing city in terms of urbanization in Africa. This has led to the creation of investment opportunities primarily in the real estate sector in Kigali to cater for the growing urban community. A […]