The Venture Capital & Private Equity
Country Attractiveness Index
Alexander Groh, Heinrich Liechtenstein, Karsten Lieser and Markus Biesinger

Rwanda  
Rank: 100 · Score: 32.0  

Basic facts, 2015        
Population (millions) 11.6   IPOs and pulic issues (quartile) 2nd
GDP (US$ billions) 8.6   M&A volume (quartile) Bottom
GDP per capita (US$) 744.2   Venture capital investments (quartile) 3rd
GDP growth (per cent) 6.5   Private equity investments (quartile) 3rd
 
 
 
Performance Overview
Indicator   Rank / 125 Rank Trend Score
VCPE Country Attractiveness Index 100 22, 24, 24, 22, 25 32.0
1 Economic Activity 59 72, 70, 48, 90, 66 85.5
2 Depth of Capital Market 105 17, 20, 18, 18, 20 10.6
3 Taxation 75 73, 68, 57, 51, 50 92.3
4 Investor Protection and Corporate Governance 71 54, 55, 50, 52, 54 59.5
5 Human and Social Environment 37 86, 86, 86, 85, 88 62.2
6 Entrepreneurial Opportunities 108 8, 8, 22, 15, 17 30.9


 
Historic performance, 2012-2016   Key driver performance, 2016

   

VCPE Rank  
VC Rank  
PE Rank
Rwanda  
Africa
 
 
 
Peer Group Comparison
 
Regional Peers Economic Activity Depth of Capital Market Taxation Investor Protection and
Corporate Governance
Human and Social
Envorinment
Entrepreneurial Culture
and Deal Opportunites
Namibia 48.7 20.3 90.6 73.7 52.1 31.4
Malawi 78.3 18.0 84.3 55.1 38.0 27.1
Ivory Coast 83.3 12.9 58.6 54.2 52.8 35.7
Rwanda 85.5 10.6 92.3 59.5 62.2 30.9
Algeria 81.6 6.3 93.3 40.6 31.9 50.1
Cameroon 88.1 6.9 72.3 47.4 31.7 33.8
Ethiopia 94.7 6.6 88.9 39.0 36.2 33.2
Last updated: 8 August 2016