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Rwanda launches Innovation City

13 May, at 15 : 26 PM Print

Rwanda launches Innovation City

Rwanda has launched its ICT flagship project- the Kigali Innovation City (KIC), which domestic and ICT companies will innovate and deliver products and services for global and regional markets.

The project operated by Rwanda Development Board’s (RDB) is a dynamic ecosystem of technology clusters and one of the key enablers that will help achieve Rwanda’s long-term vision of economic growth and social development.

The Innovation City model is structured on three interdependent platforms – human capital, innovation friendly financial capital and digital innovation.

The Chief Executive Officer of RDB Francis Gatare said, “Kigali Innovation City is the Rwandan solution to Africa’s development, as it will enable technology innovation communities by allowing them to source highly skilled human capital locally”

“The project was conceived to enable the digital transformation path in Rwanda, and I believe it is a model that can be easily applied across the continent to leap frog into the 4th industrial revolution.”

Already operating in KIC at Carnegie Mellon University, the anchor tenant and the African Institute for Mathematical Sciences.

The Innovation City is a reflection of the government of Rwanda’s commitment to digital transformation as the driver of economic growth. The flagship project with an estimated value of 1.9 billion USD will be built on the grounds of the Kigali Special Economic Zone, located 10km east of Kigali City’s business district.

The project plans reveal the Innovation City will comprise all elements of a typical urban centre including corporate buildings, retail, leisure, sports, accommodation, health care center and other amenities. Kigali Innovation City welcomes stakeholders to join on the path to digital transformation in Africa.

Rwanda has signed MoUs with Thomson Reuters to collaborate on innovative solutions, Microsoft, Oracle, IBM and Intel for the firms to establish extensional operations in the country which can help bridge the skills gap.

“This will accelerate this trend by linking skills development, innovation and entrepreneurship investment on one platform which will attract large IT multinationals,” Jean Philbert Nsengimana, the minister for youth and ICT said.

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