Rwanda often called the gateway to East Africa is a 12 million-populated country with an electrification rate of 41%. where Rural: 9% Urban: 72%. This gap in energy access infrastructure and energy usage is being addressed by the government of Rwanda through their 2024 universal electricity access target of 100%. In this report, we analyze the market opportunities and existing gaps in the energy sector along with the government policies in line with the electricity proliferation. Overall, this report gives a wholistic view of the energy market opportunities in Rwanda
This research study involved extensive on-ground primary surveys supported by desk research through various secondary sources, directories, and databases, such as Hoover’s, Bloomberg BusinessWeek, Factiva, and OneSource, to identify and collect information useful for a technical, market-oriented, and commercial study of the market. Primary sources are mainly industry experts from core and related industries, OEMs, vendors, suppliers, technology developers, alliances, and organizations related to all the segments of this industry’s value chain. The research methodology is explained below.
Frequently Asked Questions
Rwanda’s energy mix is primarily dominated by hydroelectric power, contributing around 50% of the country’s total energy generation capacity. Other sources include solar energy, methane gas from Lake Kivu, peat, and thermal generation. The government is actively working on diversifying its energy mix to include more renewable energy sources.
Yes, Rwanda welcomes foreign direct investment (FDI) in its energy sector. The Rwanda Development Board (RDB) provides incentives such as tax exemptions, investment guarantees, and streamlined registration processes to encourage foreign participation in energy projects.
The Rwanda Utilities Regulatory Authority (RURA) oversees the energy sector. It ensures compliance with regulations, facilitates the licensing of energy projects, and monitors the performance of energy service providers. The Ministry of Infrastructure (MININFRA) also plays a significant role in energy policy formulation and planning.
The off-grid energy sector in Rwanda is growing rapidly, particularly in rural areas. Opportunities include solar home systems, mini-grids, and innovative energy storage solutions. The government and development partners provide financial incentives to promote investments in this space.
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