Africa - Investment: Rwandan Ruling Party Connected Companies Funding African Struggling Economies while Rwandan Economy Sinks.
Economies in some once prosperous countries in Africa are struggling. Some of these countries have been ruled by authoritarian regimes which, after decades of brutal repression, mismanagement and lack of vision, appear to have run out of options. The leaders of these countries can no longer hide the troubling trends of their economies. Traditional international organizations, such as the International Monetary Fund (IMF), the World Bank, the USAID, and others have moved or started to move away. Now, the leaders of these countries, desperate, are turning to unusual sources of funding. Among these unusual fundings are two related companies, owned or managed by the leaders of one of the poorest countries in Africa: Rwanda. Meanwhile, the Rwandan economy is in shambles, with the debt to Gross Domestic Product(GDP) ratio of more than 75% as of 2021 and growing.