Rwanda’s economy remains sound despite regional shocks

Rwanda's economy is set to maintain its solid footing and achieve a GDP growth rate of 7 per cent in 2025, according to the Central Bank Governor John Rwangombwa. Despite regional tensions that could potentially impact cross-border trade, the Governor remains optimistic about the country's economic prospects. In an exclusive interview with CNBC Africa's Aby Agina, Governor Rwangombwa shed light on the key sectors that will drive this growth. As Rwanda navigates through these challenging times, the Central Bank is closely monitoring various factors to ensure stability and growth in the economy. The Governor highlighted that despite regional conflicts and uncertainties, the impact on Rwanda's economy has been minimal, thanks to the ongoing efforts to find lasting solutions. He emphasized that trade between Rwanda and other countries in the region has continued, demonstrating resilience in the face of adversities. Governor Rwangombwa expressed confidence in the country's economic performance for the year 2025 and beyond, citing projections of sustained growth at 7 per cent. The Central Bank is keeping a watchful eye on key sectors such as agriculture, weather trends affecting crop production, and geopolitical issues. By proactively preparing for potential challenges and implementing strategic measures, Rwanda aims to maintain its positive trajectory and ensure economic stability. The Governor's insights provide valuable perspective on Rwanda's economic resilience and determination to overcome obstacles, positioning the country for continued growth and development.