Background: Rwanda is a land locked country in the East of Africa and considered one of the fastest growing economies in Africa with population of 11 million and GDP of $7 billion. Rwanda’s main areas of trade are commodities which are gold, tungsten, cassiterite and coffee. The economy is also becoming a competing hub for ICT in the region. The table below reflects the percentage of trade in Rwanda (source: UNCTAD):
Geo-Economic Structure: Rwandan political and economic stability has improved the country’s GDP growth rate which has been growing at above the growth rate within Sub-Saharan Africa. Rwanda is still dependent on internationally determined commodity prices, especially in the price of coffee. The economy also remains dependent on international aid but its growth rate average of 5-6% places Rwanda in the right direction to become a self-sustainable economy.
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