East Africa is a tough place to do business. Want to open shop in Kenya? Prepare for a month of paper work, surly officials and bribes. To the west, in Rwanda, it’s a different story.
“Registering a business takes just a matter of hours. It no longer takes months, weeks, as it used to be,” says Rwandan President Paul Kagame.
This year, Rwanda moved up seven spots on the World Economic Forum’s competitiveness index to number 63 out of more than 140 countries. In recent years, it has posted average, annual GDP growth of more than 7 percent. The country’s unlikely economic success can be traced back to its president.
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