According to the Rwanda Housing Authority, Rwanda will require five million five hundred thousand housing units by 2050, up from two million five hundred thousand in 2019. This will serve an expected 22 million people. According to the Director of Housing Planning at Rwanda Housing Authority (RHA), Vincent Rwigamba, this shows that on average, one hundred […]
In order to end with the environmental destruction, Rwanda decided to restore 2 million hectares of damaged lands before 2020. It represents more than 80% of the total surface of the country. The employed means are planting campaigns, terraces building to fix soils, and 85% of lots being changed into a special system to restore […]
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 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 […]
The steadily growing real estate sector of Kigali was one of the major contributors to the economic growth of Rwanda last year. The sector contributed about 8 percent to the national GDP growth in the fourth quarter of 2017. The real estate services including the sale and occupancy of homes recorded a growth of 5 […]
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’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 […]
Rwanda gears up to usher in the Fourth Industrial Revolution which will change the country’s entire outlook. However, concerns have been raised by some of the private sector members who fear that their innovation capacity is still low. In the transformation to the Fourth Industrial Revolution, new technologies are incorporated in all sectors including the […]
The National Bank predicts 13 percent growth in credit lending to the private sector in Rwanda. This is due to the expected increase in lending by the financial sector in the country. The central bank will keep an accommodative monetary policy stance for this year to promote funding of the market by the banking industry […]
Either if you’re an expat looking to move to Kigali and looking for short term rentals accommodations to start your move in the country, or if you’re a local looking for a weekend getaway or even a tourist wanting to visit, HomeRwanda has found for you some nice and comfy accommodations in the capital city […]
