<\/p>\n
The AfDB made the recommendations in the 2026 Country Focus Report, titled Mobilising Rwanda\u2019s Development Financing at Scale in a Fragmented World.<\/p>\n
<\/p>\n
The Report, released on Wednesday recognises Rwanda\u2019s socioeconomic progress, supported by sound macroeconomic management, institutional reforms and sustained investment.<\/p>\n
<\/p>\n
However, AfDB said Rwanda needed to use financial, human, natural and business capital more effectively to accelerate inclusive growth and achieve national development goals. \u201cRwanda has demonstrated its capacity to translate sound policies, strong institutions and strategic investment into meaningful development progress,\u201d AfDB Country Manager for Rwanda Aissa Tour\u00e9 Sarr said.<\/p>\n
<\/p>\n
\u201cThe next phase will require us to mobilise more capital and ensure that it works harder and more effectively for Rwanda\u2019s transformation.\u201d<\/p>\n
<\/p>\n
Key recommendations include broadening the tax base, strengthening tax compliance and expanding financial inclusion.<\/p>\n
<\/p>\n
The Report also calls for deeper financial markets, innovative financing mechanisms and greater use of public-private partnerships.<\/p>\n
<\/p>\n
AfDB said Rwanda could attract more long-term capital through the Kigali International Financial Centre.<\/p>\n
<\/p>\n
Additional investment in education and healthcare would strengthen human capital, while better access to finance could help small and medium-sized enterprises expand and create employment.<\/p>\n
<\/p>\n
The Report also recommends increased processing and value addition across productive sectors instead of relying heavily on lower-value economic activity.<\/p>\n
<\/p>\n
Improved management of natural resources could ensure that Rwanda\u2019s natural capital contributes more sustainably to development. \u201cRwanda\u2019s development ambitions require innovative approaches to mobilising and deploying capital,\u201d Rwanda Ministry of Finance and Economic Planning Chief Economist Judith Nabasa said.<\/p>\n
<\/p>\n
\u201cStrengthening financial markets, attracting long-term investment and deepening public-private partnerships will be critical to financing the next phase of Rwanda\u2019s transformation.\u201d<\/p>\n
<\/p>\n
The Report accompanies AfDB\u2019s 2026 African Economic Outlook and East Africa Economic Outlook, which examine development financing in an increasingly fragmented global economy.<\/p>\n
<\/p>\n
The launch brought together government officials, financial institutions, businesses, development partners, academics and civil society organisations.<\/p>\n
<\/p>\n
AfDB supports projects and reforms in Rwanda across energy, transport, agriculture, water and sanitation, finance, human capital and private-sector development.<\/p>\n
<\/p>\n
The institution said financing, technical assistance, policy dialogue and research would continue supporting Rwanda\u2019s second National Strategy for Transformation and Vision 2050.<\/p>\n
<\/p>\n
–AfDB\/ChannelAfrica–<\/p>\n","protected":false},"featured_media":43487,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"news-type":[44],"class_list":["post-47599","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"Rwanda should expand domestic financing, deepen financial markets and attract long-term investment to sustain economic transformation, the African Development Bank Group (AfDB) says.","published_date":"","news_description":"Rwanda should expand domestic financing, deepen financial markets and attract long-term investment to sustain economic transformation, the African Development Bank Group (AfDB) says.","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/47599","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/47599\/revisions"}],"predecessor-version":[{"id":47600,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/47599\/revisions\/47600"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/43487"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=47599"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=47599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}