Industry Smallholders and small traders Rwanda’s economy is still largely based on agriculture, with more than four-fifths of the population involved in small-scale farming. Coffee and tea are the current foreign investment in rwanda exports, earning over 180 million dollars each year.
This makes the country very dependent on world prices for coffee and tea. Outside of farming, many Rwandans are also self-employed or working in small cottage industries. These mainly produce goods for local people, such as farming tools or household items. Since the genocide, there is a shortage of skilled tradesmen, particularly in the growing construction industry. Brick-layers, masonry workers and carpenters are in high demand. If you build it, they will come With stability and reforms, Rwanda’s economy has been growing at an average annual rate of seven-eight percent over the last eight years.
Rwanda has also benefited from significant debt relief. According to a 2010 rating from the World Bank, Rwanda ranks no. Vision 2020’, the Rwandan government hopes to transform the country into a middle-income nation. To do this, there is a focus on gender equality, anti-corruption measures, technological progress, private-led industry and regional economic integration. Modern sectors The government is particularly keen to encourage expansion of the IT and communications sector.
Jobs to learn how even the youngest children are becoming involved with IT. Internet cafes can be found in most urban centres of Rwanda. Mobile phones are already used by a quarter of the population and often replace landlines. Foreign arrivals Rwanda’s spectacular scenery and wildlife are a huge attraction for visitors. The tourist sector brings in over 200 million dollars annually and provides employment or earnings to hundreds of thousands of people.