Kigali Innovation City

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Kigali Innovation City (KIC) is being developed to be a mixed-use, master-planned, innovation city to be situated on 60 hectares of land in Kigali, Rwanda. KIC will seek to facilitate the development of pan-African talent and act as a technology innovation hub. Its plan includes four universities, office spaces, and start-up business incubators, alongside supporting facilities for retail, hospitality and accommodation. [1] Kigali Innovation City is home to CMU-Africa, large corporations, and technology companies. Its goal is to drive Rwanda’s economic growth through digital transformation. [2] The Government of Rwanda hopes to attract domestic and foreign universities, technology companies and biotech firms, and have commercial and retail real estate. [3] [4] [5] It is intended to be built on 70 hectares of land [3] in Kigali's Special Economic Zone in Gasabo District. [6] [7]

Kigali Innovation City is part of the Government of Rwanda's Vision 2020 program [6] and a public–private partnership between the Government and Africa50. [8] [9] Africa50, an infrastructure investment platform founded by the African Development Bank (AfDB) and African states, is a co-sponsor and partner that will help develop and finance the project. [6]

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References

  1. ↑ "Kigali Innovation City - Africa50". www.africa50.com. Retrieved 2024-09-24.
  2. ↑ "Kigali Innovation City set to lead Rwanda and Africa's digital transformation". gov.rw. Retrieved 2019-05-25.
  3. 1 2 "Africa50 signs agreement to help develop Kigali Innovation City in Rwanda - IOL Business Report". Independent Online (South Africa) .
  4. ↑ University, Carnegie Mellon. "Fueling the Digital Economy in Africa". Carnegie Mellon University. Retrieved 2019-05-26.
  5. ↑ "Rwanda starts construction of Africa's very own Silicon Valley in Kigali". Face2Face Africa . 14 November 2018. Retrieved 2019-05-26.
  6. 1 2 3 Bizimungu, Julius (9 November 2018). "Kigali Innovation City gets boost from Africa50". The New Times (Rwanda) .[ permanent dead link ]
  7. ↑ "After Africa's Silicon Valley, Rwanda to start building $5 billion Green City in 2020". Face2Face Africa . 20 May 2019.
  8. ↑ Bizimungu, Julius (12 November 2018). "Africa50 to spend $400m on Kigali Innovation City". The New Times (Rwanda) .
  9. ↑ "Africa's first 'Silicon Valley' to be built in Rwanda". Anadolu Agency . Retrieved 2019-05-26.
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