Rwanda’s National Parks: Opportunities for Investors

Jan 7, 2025 | Rwanda, Startup | 0 comments

Planning for your next vacation? Picture a land of rolling lands, bright green lands. A land where every turn has a tale, every bend is welcome by nature. As you all will know about the beautiful country of Rwanda. This place is the land of hills with unlimited hospitality.

Rwanda is not just an ordinary beautiful country to visit but a country with experience to offer. Famous for its brand ‘Land of a Thousand Hills,’ the country has many beautiful lakes, forests, and mountains. Whether it is a serene time to enjoy a sparkling water body or a thrilling time with animals and wildlife, Rwanda is a place worth visiting.

There are friendly and open people who will be happy to tell you about their culture and ancestry. Every region has a story of rising up and coming alive, so your trip is as enriching as it is entertaining.

Sun umbrella and loungers in a luxury hotel in the Virunga National Park, Rwanda, Africa

Natural lovers will find Rwanda’s national parks as a hub of their interests. From following the mountain gorillas in the Volcanoes National Park to going on the safari in Akagera, it is mind-blowing. Both photographers and explorers will enjoy the wonderful views and the variety of species inhabiting the area.

Therefore, grab your suitcase and your tickets because you’re in for a treat. Welcome to Rwanda, not just a country, but a discovery.

Rwanda’s Commitment to Conservation and Ecotourism

Rwanda has conservation and ecotourism to conserve its diverse natural resources for tourism.

National Park Expansion

Rwanda created the Gishwati-Mukura National Park in 2016. It was later recognized as a UNESCO Biosphere Reserve to conserve the country’s biodiversity. 

Community Involvement

Government encourages locals in the conservation and management of the resource. Thus they benefit from tourism revenues and take part in decision-making processes.

Wildlife Conservation

Collaborations with organizations like the International Gorilla Conservation Programme have led to a 26.3% increase in the mountain gorilla population over seven years. 

Sustainable Tourism Initiatives

The Nyandungu Urban Wetland Eco-Tourism Park can be seen as an example of Rwandan commitment to environmental friendly tourism. This park has a positive impact on the people. 

All these show that Rwanda is continuing to work hard towards sustainable management of the environment. And at the same time promoting economic growth.

Conserved area in Akagera National Park for investment and development

Figure: Conserved area in Akagera National Park for investment and development

Collaborative Management Partnerships: A Model for Success

The government of Rwanda has adopted the use of Collaborative Management Partnerships (CMPs). This initiative boosts the effectiveness of national parks. These partnerships work with other parties such as private or NGOs.

Akagera National Park

Akagera was transferred in 2010 from the Rwanda Development Board to African Parks. It did lead to better management of parks. And introduction of animals such as rhinos and lions. It is estimated that the park received over $2.5 million annually from tourism in 2020. The park employs 273 people where 99% of whom are Rwandans. 

Nyungwe National Park

In 2020 the government re-entered into a new contract with African Parks for Nyungwe. The vision was to protect its natural resources and long-term outcomes for people and wildlife.

These CMPs have shown to be useful in promoting conservation. As well as development agendas hence the importance of public-private partnerships.

Investment opportunities in Rwanda’s National Parks

The national parks of Rwanda provide various possibilities for investment in sustainable businesses.

  • Tourism Infrastructure Development: The Rwanda Development Board (RDB) has set aside 200 acres near Nyungwe and Gishwati-Mukura National Parks for a 5-star golf resort and housing. This project is expected to target tourists who are in search of quality accommodation services and leisure. 
  • Lakeside Resorts: In Karongi, near Lake Kivu there is an exceptional 3.7-hectare plot suitable for the construction of a hotel or a lakeside lodge. It is one of the areas that should be promoted for tourism. Since it has water sports and hiking among other attractions in community tourism. 
  • Hotel Development in Rubavu: A hotel is to be developed along the beachfront of Rubavu’s main tourism area. The property is situated on the shores of Lake Kivu which is a tourist area of interest. 

All these are in line with Rwanda’s conservation and sustainable tourism policies. Which makes these investment opportunities very attractive.

Rwanda's Investor-Friendly Environment

Rwanda has cultivated a business environment that attracts and supports investors.

  • Ease of Doing Business: Rwanda ranks 38th globally in the World Bank’s 2020 Doing Business report. Reflecting simple procedures for starting and operating businesses. 
  • Tax Incentives: The government offers various tax benefits. Including a 15% corporate income tax rate for investors. In priority sectors like energy, transport, and ICT. 
  • Investment Protection: Rwanda has laws ensuring investor protection. Including guarantees against misuse and provisions for dispute resolution. 
  • Infrastructure Development: Significant investments in infrastructure. Duch as the Kigali Innovation City, provides modern facilities for businesses. 

These factors make Rwanda an attractive destination for investors. For those who are seeking opportunities and supportive environment, this is the place.

Greenhouse fish tank on Dabis Guest Farm in Akagera National Park

Figure: Greenhouse Fish Tank on Dabis Guest Farm in Akagera National Park

Case Study: Gishanda Fish Farm

The Gishanda Fish Farm in Rwanda. Near the Akagera National Park is one of the best examples of how private investment can lead to sustainable aquaculture.

Partnership and Purpose

Created in 2022 by Akagera National Park. The farm is operated by African Parks and FoodTechAfrica. The farm intends to increase fish production and offer people employment.

Innovative Farming Techniques

The Farm Uses a Recirculating Aquaculture System. The farm harvests up to 30 tonnes of tilapia fish every year. It uses 10 times less water than other fish farming making it environmental friendly. 

Community Impact

The project has provided employment to the people. Also provided cheap sources of protein to the communities, solving the problem of malnutrition. Also, the farm discharges organic vegetables as an example of a circular agricultural system. 

Gishanda Fish Farm is a perfect example of how investors can create organic business, and promote the welfare of people.

To Sum Up

The country has achieved tremendous improvement in its conservation parks. Rwanda’s conservation efforts are an inspiration. From reviving species to supporting local people, Rwanda is creating examples.

The future holds immense promise. With initiatives like collaborative management partnerships and innovative ecotourism projects. Rwanda is setting the stage for a thriving conservation-driven economy. Opportunities for private investors will only grow. New ventures in tourism, sustainable agriculture, and eco-friendly business are increasing in Rwanda.

This is Rwanda’s story—a tale of resilience, growth, and endless potential. By investing in its national parks, investors contribute to a brighter future for the planet and future generations.

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