Rwanda will issue 50 new licenses to mine metals including gold, tin and tantalum this year that may help boost investment in the East African nation by a fifth, the Rwanda Development Board said.
The state-run board expects to attract $2 billion of investment in 2018, compared with $1.67 billion last year, Chief Executive Officer Clare Akamanzi said in an interview in the capital, Kigali. It’s also seeking $200 million for a new innovation center in the city, and is planning a project known as Kivu Belt to boost tourism, she said.