The Rwanda Development Board (RDB) and TradeMark East Africa (TMEA) have launched a new online system that automates the investment process, enhancing the capacity of RDB’s One Stop Centre to process and issue licensing certificates, including the Investment Registration and Environment Impact Assessment certificates.
According to a TMEA statement, this will bring key government agencies responsible for the entire investor experience under one screen, enabling the portal to link and exchange information with, amongst others, the Rwanda Electronic Single Window and Online Business Registration.
It is expected this will further speed the process of application for investment certificates, tax exemption requests and environmental impact assessment.
Speaking during the launch, Mark Nkurunziza, RDB chief financial officer, said: “Investors coming to Rwanda will now find it easier to register their investments. Importantly, the new online system will help us to attain our mission of transforming Rwanda into a dynamic global hub for business, investment, and innovation.”
TMEA and RDB estimate that the new portal will reduce the processing time by more than half.
