During the opening session of the World Economic Forum on Sunday, April 28, Rwandan President Paul Kagame emphasized the importance of global investment in Africa. Speaking at the panel on the “New Vision for Global Development,” Kagame highlighted Africa’s abundant natural resources and growing human capital.
President Kagame pointed out Africa’s progress despite various challenges. “We are seeing Africa, much as you may find problems here and there, Africa is coming together, moving forward. Different countries have decided to embrace economic growth,” Kagame stated.
He addressed the need for the global community to view Africa as a key player in international relations, politics, and economics. Kagame stressed that the inclusiveness and collaborative spirit are crucial for overcoming global challenges, even as some regions face these more acutely than others.
Kagame also called for an end to the hypocrisy surrounding the global North and South divide, which he believes can be resolved quickly and easily. He mentioned, “Africa is the only continent with a growing middle-class. The rest of the world must see this as an important place to invest.”
In his speech, Kagame highlighted Rwanda’s journey and resilience. “Rwanda has come from the dead, but we are alive and thriving today. It is investments in our people, accountability, and governance that we bring into play and share with the rest of the continent,” he remarked.
Concluding his speech, Kagame underscored the importance of prioritizing human capital through investments in education, health, and technology to foster development and wellbeing across Africa.
