Summary of How Rwanda Is Becoming the Singapore of Africa

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As Rwanda marks the 25th anniversary of its 1994 genocide, YouTube personality Sam Denby examines how far the nation has come. Rwanda has set its sights on becoming the “Singapore of Africa,” a lofty goal for a landlocked country. Indeed, Rwanda seems to have achieved astronomical growth – “seems” being the operative word. Denby examines the claims, provides historical context and draws useful political parallels to provide much-needed insight into the country’s economy. Multinational businesses expanding into Africa will appreciate Denby’s case study.

About the Speaker

Sam Denby makes educational videos under the pseudonym Wendover Productions.

 

Summary

Among African nations, Rwanda excels according to several economic development indices. It is the 48th-least-corrupt country in the world. In Africa, only Botswana ranks higher. Rwandans’ life expectancy is 67 years, an impressive figure given that in 1994, the year a brutal genocide killed 800,000 Rwandans, life expectancy was just 28 years. The country is the 15th-fastest-growing economy in the world, the result of a government mission to emulate Singapore’s growth trajectory. Singapore achieved vast economic growth in the latter half of the 20th century and has become a major business hub in Asia. It ranks third in the world for&#...


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