Skip to Main Navigation

Launch of the 17th edition of the World Bank Group Rwanda Economic Update

July 22, 2021



  • Published twice a year, the World Bank Rwanda Economic Update (REU) analyzes recent economic developments and prospects, as well as Rwanda’s policy priorities. Developed to inform public policy debate amount all stakeholders, including government, the private sector, civil society and academia, the REU is intended for a wide audience of policymakers, business leaders, and analysts of Rwanda’s economy. It draws on data reported by the Government of Rwanda and additional information collected by the World Bank Group in its regular economic monitoring and policy dialogue. The REU is a collective endeavor and involves staff from several units of the World Bank. Each issue has a special feature spotlighting a particular topic.

    The current edition of the REU, The Role of the Private Sector in Closing the Infrastructure Gap, focuses on the role of the private sector in closing the infrastructure gap.

  • I. Keynote Speech

    II. Rwanda Economic Update: Findings and Recommendations

    III. Panel Discussion

  • Amb. Claver Gatete was appointed as the Minister of Infrastructure on 6 April 2018. Prior to this appointment, he served as Minister of Finance and Economic Planning since February 2013. He had previously served as the Governor of the National Bank of Rwanda (2011 to 2013), having previously served as its Deputy Governor. Amb. Gatete was Rwanda’s Ambassador to the United Kingdom, Ireland, and Iceland from November 2005 to December 2009. He holds a Masters in Agricultural Economics from the University of British Columbia, Vancouver, B.C., Canada (1993) and an undergraduate degree from the same University (1991).

    Clare Akamanzi is CEO of the Rwanda Development Board (RDB) and Member of the Cabinet of Rwanda. Prior to this role, she served as Head of Strategy and Policy In the president Office and for over 7 years as COO of the RDB. Ms. Akamanzi has also previously served as a Commercial Diplomat in London and a Trade Negotiator in Geneva at the World Trade Organization. She is an International Trade and Investment Lawyer and is a Harvard Kennedy School MPA alum, she also holds an LLM (International Trade and Investment) with distinction from the University of Pretoria, South Africa, and LLM (Hons) from Makerere University, Uganda. Ms. Akamanzi is a 2012 Young Global Leader of the World Economic Forum and was named one of Africa’s Top 20 leading women in economic development by Forbes in 2013.

    Amina Rwakunda is the Chief Economist at Rwanda’s Ministry of Finance since April 2018. She is also a Board Director of the Rwanda Stock Exchange (RSE) since 2012, and board Director of the NISR (National Institute of Statistics Rwanda). Mrs. Rwakunda is an experienced Economist and a seasoned negotiator on regional integration matters where she has been serving as the Deputy Chief Negotiator for Rwanda’s High-Level Task Force on the EAC Monetary Union and she is also involved in negotiations on fiscal related policies.  Mrs. Rwakunda holds a Masters in Globalization and Development Economics from the University of Antwerp.

    Asad Alam is the Regional Director for Eastern and Southern Africa for the Equitable Growth, Finance and Institutions (EFI) Vice Presidency of the World Bank. In this position, he is responsible for the design, development, and delivery of EFI’s country-focused programs in about 25 countries in Africa. Prior to this, Asad served as Chief of Staff to the President of the World Bank Group. He earlier served as Country Director for Egypt, Yemen, and Djibouti; Country Director for Southern Africa; Country Director for the South Caucasus; Sector Manager in Eastern Europe and Central Asia, and Country Economist in various countries. He has written on various subjects including growth, productivity, governance, poverty, inequality, trade, and fiscal issues. Asad holds a doctorate in economics from Columbia University

    Rolande Simone Pryce is the World Bank Group Country Manager for Rwanda. Prior to her current assignment, she oversaw the World Bank’s Indonesia and Timor-Leste programs and was based in the Jakarta office.  Before joining the World Bank, Ms. Pryce served as legal adviser to the Jamaican Government on Public International Law and International Trade issues for over ten years, and as an Adjunct Lecturer on Public International Law at the University of the West Indies.  She holds a master’s degree in Public International Law from the University College of London, a Juris Doctor from the University of Miami and a Bachelor of Science in International Business and Mathematics from the City University of New York.

    Amena Arif is the IFC Country Manager for Burundi, Kenya, Malawi, Rwanda, Somalia, Tanzania and Uganda. Aa Pakistani national, she joined IFC in 2012 with Financial Institution Group (FIG) in Pakistan after building a career in commercial banking with Citibank and ABN AMRO Bank. She worked on clients and markets and led debt and equity transactions with bank and non-bank financial institutions across MENA with a particular focus on Pakistan, Afghanistan and Lebanon. Most recently she has been IFC’s Country Manager for Sri Lanka and Maldives based in Colombo where she has helped grow the program to record levels.

    Dan Kasirye is IFC Resident Representative for Rwanda and Uganda. He leads business development and implementation of IFC’s integrated investment and advisory strategy, focusing on high impact private sector projects that contribute to the sustainable development of Rwanda and Uganda. Previously, Dan worked as Resident Representative for Tanzania, where he was responsible for the substantive growth in IFC’s investment and advisory portfolio in Uganda, Tanzania, and South Sudan. Prior to that, he held various positions in the organization. Dan has over 20 years of experience in coordinating the delivery of multi-sectoral investment and advisory projects in the Africa region. He holds an MPA (International Trade & Finance) from Harvard University

    Calvin Zebaze Djiofack is the Senior Country Economist for Rwanda. He has contributed extensively to the Bank’s trade agenda in the Latin America and Caribbean (LAC) region, focusing on regional trade integration, firms’ data analysis, and assessments of trade's impact on shared prosperity. Calvin's other area of interest is on natural resources management and its fiscal implications. His recent publications in this area include an article in the Journal of African Economies and an article in World Development Journal.


  • Date: July 22, 2021
  • Time: 3:00 pm (Kigali Time)
  • Where: Online
  • CONTACT: Rogers Kayihura Tel: (250) 788309115
Watch live