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Rwanda Launches $2 Billion Kigali Innovation City to Enhance Africa's Digital Economy

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Kigali Innovation City (KIC) has officially begun construction, backed by the Government of Rwanda, Africa50, and BADEA. This 61-hectare smart city aims to support Africa's digital economy with an estimated economic value of $2 billion.

KIC will facilitate $150 million in annual ICT exports and draw more than $300 million in foreign direct investment. The project will feature universities and research centers specializing in AI, robotics, and data-driven sectors. It represents a public-private partnership designed to close the digital gap in Africa and enhance Rwanda's position in the global digital market.

Rwanda Launches $2 Billion Kigali Innovation City to Enhance Africa's Digital Economy
Feb 7, 2026, 8:35 AM

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