Unlocking Potential: Sudanese Investors Eye Rwanda’s Growing Opportunities

The Sudanese business community is enthusiastic about expanding their investments in Rwanda, pointing to the country’s abundant opportunities and robust economic performance.

Led by Mohamed Ali Abuelgasim of the Silverback Investment Group, Sudanese investors have lauded Rwanda for its conducive business environment and sound investment policies, which have facilitated the success of numerous enterprises.

Speaking in Kigali during a dinner gathering between local and Sudanese investors hosted by Khalid Musa Dafalla Musa, the Sudan Chargé d’Affaires in Kigali, Abuelgasim emphasized Africa’s burgeoning potential for investment. He highlighted Rwanda’s exceptional qualities, citing its efficient systems, safety, and the ease of doing business, which often astound those accustomed to other regions.

Ambassador Dafalla echoed these sentiments, underlining the flourishing relationship between Rwanda and Sudan and emphasizing Rwanda’s appeal to Sudanese investors across various sectors.

Despite the challenges posed by ongoing conflicts in Sudan, Ambassador Musa Dafalla expressed confidence in the country’s vast potential once stability is restored. He emphasized Sudan’s substantial resources, skilled workforce, and promising economic prospects.

Similarly, Abdoul Karim Icyihubuye of the Rwandan Embassy in Sudan expressed optimism about resolving internal conflicts in Sudan, foreseeing improved conditions for bilateral business ventures.

Shyaka Michael Nyarwaya, representing Rwandan investors, welcomed collaborations with Sudanese counterparts, emphasizing the mutual benefits of cooperation through partnerships and shared investments.

Recent economic projections for Rwanda indicate continued growth and resilience, with foreign investments surging and job creation on the rise, further underscoring the attractiveness of Rwanda’s investment landscape.