Rwanda’s Clare Akamanzi Named On Africa’s Most Powerful Women List

cheapest geneva;”>The popular magazine on Tuesday said it was “listing the women who matter in the business world in Francophone Africa – whether ministers or heirs or self-made women.”

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look geneva;”>Akamanzi joins the group of powerful women whose influence “can act on the course of events and decisions” in Africa.

The former Chief Operating Officer of the Rwanda Development Board (RDB), a government institution in charge of accelerating economic growth and development in Rwanda, was recently named among young global leaders by the World Economic Forum (WEF).

Observers say Akamanzi’s work style has enabled to build strategies such as the ease of doing business and a team of professionals to attract heavy Foreign Direct Investments in Rwanda.

Other powerful women on the list include Salwa Akhannouch Morocco, the founder of the flourishing Aksal distribution group and Amina Benkhadra, the head of the National Office of Hydrocarbons and Mines (Onhym) in Morocco among others.

At 33, Akamanzi has served in very powerful and strategic government positions.

She was Deputy Chief Executive Officer of Business Operations and Services at RDB, in charge of investment promotion, export promotion, enterprise development and business facilitation through investment climate reform, company registration and environmental clearances.

Prior to RDB, Akamanzi was Deputy Director-General of the Rwanda Investment and Export Promotion Agency (RIEPA), a position she held from 2006-2008.

She was also Rwanda’s commercial diplomat in London and a trade negotiator in Geneva for the Government of Rwanda at the World Trade Organization.

Akamanzi is an international trade and investment lawyer. She attained her law degree in Uganda, and a Master’s in International Trade and Investment Policy in South Africa and the Netherlands.


Speaking at a conference at Kampala Serena Hotel last year, Akamanzi proved she was a force to reckon in an in-depth presentation on investment opportunities in her country which included the ease of opening up a business.

“Today, registering a business takes a minimum of 6 working hours from 24 hours last year. If you are connected to internet and have all the requirements before we leave this room, you can walk home with a fully incorporated company in Rwanda,” said Akamanzi, a statement that excited the audience.

She said Rwanda has wide opportunities for investors in several areas such as airport ground handling, waste collection disposal, waste recycling plant, water transport infrastructure, road construction, rehabilitation and maintenance and cargo transportation.

Akamanzi further said businessmen would reap big in investing in new tea plantations and factories, coffee washing and roasting as premium harvest grows, horticulture, grain production and processing, horticulture, silk production, packaging plants among others.

Other areas seeking investment are energy, tourism (construction of five-star hotels, high end themed restaurants in Kigali, theme parks and cultural villages among others), ICT, real estate and construction, financial services, retail industry, transport and logistics, mining, education and health.

Akamanzi assured investors of a stable political and economic climate that boosts revenues and facilitates growth.


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