Thursday, May 5, 2011

Rwanda eyes US$500m investments

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Rwanda is targeting investment projects worth US$550 million and hopes tourism revenues will rise to US$216 million in 2011, officials say.
Rwanda earned $200 million from tourism in 2010. The Rwanda Development Board (RDB) said investments projects had increased by 150 per cent in the first quarter of 2011 to US$87 million, mainly boosted by the February registration of the Cadilla Pharmaceutical Company, worth US$65 million.

Rwanda was ranked by the World Bank as the country that

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