By David Himbara
The newly published 2020 data for foreign investment shows the miserable performance of General Paul Kagame’s Singapore of Africa.
Rwanda’s share of foreign investment in 2020 was US$135 million versus US$717 million for Kenya; US$823 million for Uganda; and US$1 billion for Tanzania.
Meanwhile, personal remittances by the respective diaspora communities in 2020 were as follows: Rwanda received US$241 million; Tanzania received US$409 million; Uganda received US$1 billion versus US$3 billion for Kenya.
Stay tuned.
