According to the latest Global Innovation Index, Rwanda ranks first first of its income group before Madagascar and Ethiopia and sits on 9th spot of the sub-Saharan African group.
The 2022 Global Innovation Index, or GII, tracks innovation trends around the world. It assesses the innovation performance of around 132 economies and highlights innovation strengths and weaknesses.
Mauritius, South Africa and Morocco are the 45th, 61st and 67th highest ranked African countries respectively.
While Mauritania, Burundi and Guinea are the least innovative African economies.
The report praises the East African Country’s business policies and scientific and technical writing, which are among the country’s strengths.
Of the 26 innovation leaders, eight are from sub-Saharan Africa, led by Kenya, Rwanda and Mozambique.
Switzerland, USA and Sweden lead the Global Innovation Index.
In 2000, the government launched Vision 2020, a long-term development strategy with the primary objective of transforming Rwanda into a middle-income country by 2020, based on a thriving private sector.
Since then, Rwanda’s economy has grown steadily at 7% a year and has gained a reputation as one of the fastest growing economies in Africa.