Youth, the engine of Rwanda's economic growth

Rwanda has long been considered a success story in terms of economic development and growth. A key component of this success has been the country's heavy investment in education and skills development for the youth. In a recent interview with CNBC Africa, Chaste Niwe, Managing Director of Bridge2Rwanda, highlighted the importance of young people in driving Rwanda's economic growth. Niwe emphasized the transformative power of dreams and opportunities for Rwanda's youth, noting that the ability to dream and aspire to a better future is a game changer for the country's development. With a median age of 18, Rwanda boasts a youthful population, with immense potential to drive innovation and progress. Niwe underscored the critical role that young people play in the workforce, especially those who have benefited from the country's 12-year basic education policy. These educated youth are key contributors to various sectors such as tourism and the arts, creating value for their communities and the country at large. While progress has been made, Niwe acknowledged the challenges that Rwanda faces, including high youth unemployment rates. Despite efforts to promote entrepreneurship and job creation, Niwe emphasized the need for a shift in mindset from job seeking to job creation. He emphasized the importance of being prepared to adapt to the rapidly changing work landscape, where new jobs and industries are constantly emerging. Addressing the issue of brain drain, Niwe proposed a dual approach of short-term and long-term thinking. He acknowledged the benefits of talented individuals gaining global exposure and expertise, but also stressed the importance of creating an environment that attracts skilled professionals back to Rwanda and the continent. Niwe emphasized the need for African countries to become preferential destinations for their diaspora, offering opportunities and incentives for returning professionals to contribute to their home countries' development. By fostering a vibrant, innovative space that nurtures the potential of the youth, Niwe believes that Rwanda can reverse the trend of brain drain and harness the talent and skills of its people for sustainable growth and prosperity.