Of these, 49 projects totaling $182.4 million, or 11.2%, were funded by China. China continued to have the most registered investments in 2021 with $357.7 million, or 9.5% of the $3.74 billion in total registered investments at the time. Only 2.2% of the total investment value, a $35.8 million investment was made in Kenya in 2022. Leading local investors include Crystal Ventures Ltd, a multimillion-dollar private investment corporation owned by the nation's ruling Rwanda Patriotic Front (RPF). Kigali is concentrated on luring business and visitors from Europe even though Asia is still Rwanda's major source of investment.

Source: Daily Nation May 15, 2023 12:20 UTC