Rwanda, a beautiful country in East Africa, is one of the fastest-growing economies in the continent. It is also home to many millionaires who have made their money from agriculture, manufacturing, transport, and construction. Here is a list of the top 10 richest people in Rwanda.
- Gerard Sina
- Gerard Sina is a social entrepreneur who owns Urwibutso Enterprises, Rwanda’s largest food processing company. This company is well-known for the Akabanga chilli oil.
- This millionaire, worth $12.9 million, was born in Nyirangarama Cell of Rulindo District, Northern Province, Rwanda.
- Col Twahirwa Louis Dodo
- Col Twahirwa Louis Dodo, who was born to Rwandese refugees in Northern Uganda, is the CEO of Jali Investment Limited. This company has several subsidiaries, including Jali Real Estate, Jali Transport, and Jali Microfinance.
- Col Dodo is also the founder member and first chairman of Rwanda Federation of Transport Cooperatives (RFTC), the founder and board chairman of Top Sec Investment Limited, and the founder and owner of Trinity Transporters and Distribution Company.
- Jacques Rusirare
- Jacques Rusirare, one of the top 10 richest people in Rwanda, was born in Rwamagana District, Eastern Province, Rwanda.
- This millionaire is the owner of Ameki Color (Atelier de Menuiserie de Kigali). This company was started in 1989 and is one of the top paint manufacturers in Rwanda.
- Alfred Nkubili
- Alfred Nkubili is the owner of Enterprise Nkubili Alfred and Sons (ENAS), the biggest fertilizer importer and distributor in Rwanda. He is known as Rwanda’s fertilizer king.
- This company also operates grain handling and storage facilities in Rwanda.
- Joseph Mugisha
- Joseph Mugisha is the chairman and founder of FAIR Construction. This construction company was started in Uganda as a building and civil works operations firm.
- FAIR Construction relocated to Rwanda in 1995 as a civil construction company and has since become one of the leading construction companies in Rwanda.
- Regis Rugemanshura
- Regis Rugemanshura is the co-founder of Tigo Rwanda which is now owned by Airtel. He is currently the Director General of the Rwanda Social Security Board (RSSB).
- This millionaire, who is worth $108 million, is also the vice chairman of the Board of Directors of the Bank of Kigali.
- Hatari Sekoko
- Hatari Sekoko started with a coffee distribution business before diversifying into hospitality and real estate. He is the founder and chairman of Doyelcy Capital Partners, a company with diversified interests that include hospitality, property development renewable energy, agriculture, property development, and real estate.
- This individual’s property portfolio includes the 5-star Kigali Marriott Hotel and the Kigali City Tower.
- Egide Gatera
- Egide Gatera is another of the top 10 richest people in Rwanda. This individual owns Rwanda Mountain Tea (RMT), a leading manufacturer and exporter of tea.
- He is also the founding shareholder of Societe Petroliere (SP), an oil company that imports petroleum products for sale in East Africa in collaboration with Shell, BP, and BB Energy.
- This individual also has a stake in I&M Bank, Rwanda.
- Tribert Rujugiro Ayabatwa
- Tribert Rujugiro Ayabatwa is the founder, owner, and controlling shareholder of Pan African Tobacco Group (PTG). This company is Africa’s largest indigenous manufacturer of tobacco products and has branches in Nigeria, Angola, Congo DRC, Tanzania, South Sudan, and Burundi.
- This individual, who was valued at $280 million in 2016, also has interests in mining and real estate.
- Paul Kagame
- Paul Kagame, the current president of Rwanda, is a beacon of progressive and focused leadership in the region. His current net worth is $510 million.
- This millionaire’s wealth is a result of his interests in diamond dealing as well as having controlling interests in several companies that have a major stake in Rwanda’s economy.
These top 10 richest people in Rwanda, through their businesses, have contributed greatly to the growth of Rwanda’s economy over the years.