Advancing investment policy reform in Rwanda

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The government of Rwanda has requested OECD and NEPAD support in benchmarking Rwanda’s progress in investment climate reforms against the Policy Framework for Investment (PFI). A project is being developed in response to this request and within the framework of the NEPAD-OECD Africa Investment Initiative in partnership with the government of Rwanda.

This project aims to advance investment policy reform in Rwanda and will involve three principal activities in three phases:

Phase 1: The first is to explain the process and evaluate the current investment policy regime of Rwanda based on selected policy areas set out in the PFI;

Phase 2: The second activity is to define time-bound priorities for regulatory simplification and investment policy reform following pre-defined criteria;

Phase 3: The third phase is about providing technical support and building policy implementation capacity, based on specific requests and building on the demand created by the prioritisation process.

A workshop will be held to launch the project.

This project will harness the comparative strengths of OECD investment-related co-operation with non-members, such as :

a partnership approach to policy capacity building based on sharing of experience and peer learning;
multilaterally-backed investment policy tools that can be adapted and developed by African countries for their specific needs;
a forum for policy co-operation and dialogue based on comprehensive, coherent and process oriented policy assessments;
a facilitating role for mobilising other fields of OECD expertise.

This project also aims to support Rwanda’s ongoing efforts to implement its National Programme of Action (NPA) under the African Peer Review Mechanism (APRM). One of the NEPAD-OECD Initiative’s priorities is to support the strengthening of the business climate-related components of the APRM, in particular the investment dimensions of NPAs.

Rwanda’s specificities and competitive advantages will be identified while preparing recommendations which aim to make Rwanda's environment more competitive for attracting investment in the global context.

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