Dubai Telegraph - Rwanda turns to event hosting for economic boost

EUR -
AED 3.859481
AFN 71.756324
ALL 98.731551
AMD 410.573973
ANG 1.898343
AOA 958.299952
ARS 1057.5828
AUD 1.620305
AWG 1.891382
AZN 1.787514
BAM 1.965786
BBD 2.126704
BDT 125.86941
BGN 1.959578
BHD 0.396069
BIF 3111.577045
BMD 1.050768
BND 1.419397
BOB 7.30511
BRL 6.108936
BSD 1.053351
BTN 88.798959
BWP 14.389096
BYN 3.447011
BYR 20595.049833
BZD 2.123186
CAD 1.482918
CDF 3015.70356
CHF 0.930769
CLF 0.037175
CLP 1025.730425
CNY 7.626681
CNH 7.631617
COP 4607.354324
CRC 536.765442
CUC 1.050768
CUP 27.845348
CVE 110.825881
CZK 25.294035
DJF 187.56281
DKK 7.458928
DOP 63.475202
DZD 140.754561
EGP 52.127224
ERN 15.761518
ETB 131.339448
FJD 2.392545
FKP 0.829389
GBP 0.835949
GEL 2.868323
GGP 0.829389
GHS 16.589273
GIP 0.829389
GMD 74.604443
GNF 9077.02445
GTQ 8.133083
GYD 220.369466
HKD 8.177732
HNL 26.61696
HRK 7.495399
HTG 138.250992
HUF 410.051453
IDR 16731.48153
ILS 3.832965
IMP 0.829389
INR 88.571851
IQD 1379.809363
IRR 44224.189139
ISK 145.100113
JEP 0.829389
JMD 167.167612
JOD 0.745307
JPY 161.712177
KES 136.073015
KGS 91.195508
KHR 4227.434928
KMF 492.757542
KPW 945.690665
KRW 1469.37254
KWD 0.323384
KYD 0.877759
KZT 525.96186
LAK 23132.512015
LBP 94323.056453
LKR 306.507041
LRD 189.587683
LSL 19.044143
LTL 3.102644
LVL 0.635599
LYD 5.155188
MAD 10.582559
MDL 19.254813
MGA 4922.003534
MKD 61.670427
MMK 3412.852984
MNT 3570.509093
MOP 8.44098
MRU 41.88499
MUR 49.722097
MVR 16.234917
MWK 1826.47842
MXN 21.614084
MYR 4.693253
MZN 67.14173
NAD 19.044143
NGN 1768.579028
NIO 38.756512
NOK 11.690218
NPR 142.081414
NZD 1.79828
OMR 0.404533
PAB 1.053351
PEN 3.989366
PGK 4.24307
PHP 62.032083
PKR 292.554261
PLN 4.316456
PYG 8206.689576
QAR 3.842446
RON 4.977699
RSD 117.01459
RUB 110.961597
RWF 1438.192258
SAR 3.946062
SBD 8.816563
SCR 14.31215
SDG 632.036594
SEK 11.54187
SGD 1.415316
SHP 0.829389
SLE 23.854978
SLL 22034.081378
SOS 601.952158
SRD 37.295921
STD 21748.772974
SVC 9.216821
SYP 2640.085594
SZL 19.038716
THB 36.517315
TJS 11.227816
TMT 3.688195
TND 3.340977
TOP 2.461006
TRY 36.403794
TTD 7.154344
TWD 34.123163
TZS 2784.535199
UAH 43.712558
UGX 3902.826164
USD 1.050768
UYU 44.896792
UZS 13512.64356
VES 48.945141
VND 26707.891792
VUV 124.74927
WST 2.933314
XAF 659.299937
XAG 0.034685
XAU 0.000402
XCD 2.839753
XDR 0.805693
XOF 659.306243
XPF 119.331742
YER 262.61318
ZAR 19.049477
ZMK 9458.171236
ZMW 29.044545
ZWL 338.346819
  • RBGPF

    0.8100

    61

    +1.33%

  • CMSC

    0.0578

    24.73

    +0.23%

  • RELX

    -0.1800

    46.57

    -0.39%

  • VOD

    0.1800

    8.91

    +2.02%

  • RYCEF

    0.0200

    6.79

    +0.29%

  • BCE

    0.2500

    27.02

    +0.93%

  • BCC

    8.7200

    152.5

    +5.72%

  • SCS

    0.4500

    13.72

    +3.28%

  • RIO

    0.6300

    62.98

    +1%

  • GSK

    0.1900

    34.15

    +0.56%

  • CMSD

    0.1200

    24.58

    +0.49%

  • JRI

    0.1600

    13.37

    +1.2%

  • BTI

    -0.0500

    37.33

    -0.13%

  • BP

    -0.4000

    29.32

    -1.36%

  • AZN

    0.7700

    66.4

    +1.16%

  • NGG

    0.1500

    63.26

    +0.24%

Rwanda turns to event hosting for economic boost
Rwanda turns to event hosting for economic boost

Rwanda turns to event hosting for economic boost

Blue, yellow, green: As night falls, the dome of the Kigali conference centre lights up, resplendent in the colours of Rwanda's flag as it aims to attract all eyes on the capital, and beyond.

Text size:

In less than a decade, the small, landlocked nation has established itself as a destination for conferences, sports tournaments and other events, billing itself as "Africa's Singapore" in a bid to boost business and the economy.

"Rwanda is one of the most stable countries in East Africa. So... people feel comfortable and safe when they come to these kinds of meetings," Senegalese agricultural expert Ghislain Kanfany told AFP as he arrived for a conference of African plant producers.

Although rights groups regularly accuse President Paul Kagame's government of crushing dissent and keeping an iron grip on power, Kigali's clean, well-paved streets and modern infrastructure make a positive first impression on many visitors.

Organisers say that low levels of bureaucracy and effective management of the Covid-19 pandemic also make it easier to hold large-scale events in the country.

"There is not much red tape," said South African Kuben Pillay of the International Cricket Council, in town for a qualifying tournament.

Prior to the pandemic, conference revenues had jumped nearly 40 percent between 2016 and 2019, according to government figures, with Kigali second only to Cape Town in terms of the number of events hosted on the African continent, the International Conferences and Conventions Association said.

- Building boom -

The mushrooming of new infrastructure over the last six years -- including the Kigali Convention Centre, whose dome is inspired by Rwanda's beehive-shaped palaces, the Gahanga Cricket Stadium, or the 10,000-seater Kigali Arena, East Africa's biggest indoor venue -- has helped develop the nascent sector.

Hotel owners have also sensed an opportunity, with major international hotel chain setting up shop next to the convention centre.

The authorities are pumping in funds to expand the national airline RwandAir and build a new international airport on the outskirts of the capital.

"The government of Rwanda has (put) a lot of effort into making sure people can feel safe having their event (here)," said Janet Karemera, deputy director of the Rwanda Convention Bureau (RCB), the public agency promoting the sector.

But the success of the fast-growing sector has raised concerns among activists, who have previously accused Rwandan authorities of rounding up street vendors, homeless people and sex workers ahead of high-profile events such as the Commonwealth Heads of Government Meeting (CHOGM).

"Rwanda's strategy to promote Kigali as a hub for meetings and conferences often means continued abuse of the capital's poorest and most marginalised residents," Lewis Mudge, Central Africa director at Human Rights Watch, said last September after the CHOGM event was rescheduled due to the pandemic.

"Rwanda's Commonwealth partners have a choice: either speak up for the rights of the victims or be silent as the crackdown is carried out in their name," he said.

Government spokeswoman Yolande Makolo told AFP the claims were "fabricated reports... specifically calculated to harm a strategic sector of our economy."

- 'Domino effect' -

With the promise of bringing in foreign exchange, authorities hope the sector will offer an economic boost to the landlocked nation which relies on expensive imports.

Heavy investment in infrastructure has contributed to Rwanda's debt, up from 15 percent of GDP in 2010 to nearly 54 percent in 2019, according to a report last year by the French Development Agency.

Conversely, conference revenues remain low for the time being -– around one percent of GDP, according to the RCB.

But the government is counting on a "domino effect" to yield dividends, Karemera told AFP.

Trevor Ward, managing director of Lagos-based consulting firm W Hospitality Group, said the "MICE" industry ("Meetings, Incentives, Conferences and Exhibitions") brings many direct and indirect economic benefits.

"The obvious one is job creation, then you got the linkages to support industries: catering, audiovisual, drivers, cleaners, flowers etc," he told AFP.

The sector is still reeling from the pandemic: Revenues collapsed from $65 million (57 million euros) in 2019 to $5.4 million in 2020, according to government figures.

But Karemera remains optimistic, pointing out that Rwanda's 2022 calendar includes some major events including CHOGM which is now scheduled for June, followed by the world cycling championships in 2025 -- a first for the African continent.

T.Prasad--DT