Rwanda is seeking to use the forthcoming Infrastructure Partnerships for African Development (iPAD) Rwanda Power and Infrastructure Investment Forum to attract investors for its energy and infrastructure sectors. 

 The summit will provide an investment platform for Africa’s next ‘best’ business opportunity that Rwanda should utilize fully. 

The meeting will provide market entry for international investors, as well as technology and solution providers to deliver a viable investment plan to increase power capacity in the country.

The two-day forum is organized by the Rwanda Development Board and the Rwanda Energy Group and will take place from November 3-4 2014, Serena Hotel in Kigali, the Capital city of Rwanda. 

The iPAD Rwanda Power and Infrastructure Investment Forum will play an important role in the transformation of Rwanda into a dynamic global hub for business, investment and innovation.

Rwanda is open for business and investors are called upon to come and tap into Rwanda’s enormous investment opportunities in the power and infrastructure sectors, and the government is committed to providing a stable and investor-friendly business climate.

The meeting is expected to bring together regional and international investors, project developers, finance houses, construction and planning companies, technology providers, as well as government representatives.

According to a survey conducted by the Ministry of Infrastructure, Rwanda needs to invest about $3 billion to increase access to electricity from 16 per cent to 70 per cent by 2017.

The country’s total installed generation capacity currently stands at 119 MW and is protected to reach 563MW by 2017.

Basing on the recent reforms, the Government split the former national utility, Energy, Water and Sanitation Authority (EWSA) into two separate companies; Rwanda Energy Group Limited (REG Ltd) and Water and Sanitation Corporation Limited (WASAC Ltd) to help improve service delivery and efficiency. 

The Government is looking to accelerate economic growth, improve social welfare where energy is seen as key infrastructure pillar towards achieving the set goals and objectives of Vision 2020 which aims at promoting growth driven by private investments.

The Government is promoting infrastructure development to spur economic growth.