Works begin on Rwanda’s $5.6bn Korea funded ICT facility

$5.6 million put into the Kigali Innovation Centre, in partnership with Korea, comes as an assurance of Rwanda’s commitment to ICT development and bridging the skills gap. At the ground-breaking event, CNBC Africa spoke to both parties.

Mon, 10 Jul 2017 10:00:54 GMT

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AI Generated Summary

The partnership between Rwanda and Korea for the Kigali Innovation Centre represents Rwanda's commitment to fostering innovation and economic growth.
The Innovation Centre aims to provide a supportive environment for young Rwandans to explore their ideas, access cutting-edge equipment, and receive mentorship and expert guidance.
Rwanda's focus on enhancing TVET facilities and training opportunities aligns with the goal of creating new jobs, driving economic development, and fostering a skilled workforce in the ICT sector.

Rwanda has taken a significant step towards enhancing its ICT development and bridging the skills gap with the groundbreaking of the Kigali Innovation Centre, funded through a $5.6 million partnership with Korea. This initiative underscores Rwanda's commitment to fostering innovation and economic growth through strategic partnerships and cutting-edge technology. The collaboration with Korea, known for its expertise in ICT development, promises to propel Rwanda towards becoming one of Africa's most innovative economies. The Innovation Centre, made possible by Korea Telecom and the Rwandan government, aims to provide a conducive environment for young Rwandans to explore their ideas, access state-of-the-art equipment, and receive support from mentors and experts. By offering consulting services on ICT policy, aiding in venture incubation, and serving as a hub for mobile application development and multimedia practices, the centre is poised to drive economic opportunities and cultivate a skilled workforce in the ICT sector. Rwanda's focus on enhancing TVET facilities and training opportunities aligns with its vision of creating 200,000 new jobs annually and fostering industrial and socio-economic development. Through the development of TVET trainers and sustainable management of the Innovation Centre, Rwanda anticipates significant job creation and skills provision in the ICT sector. The true impact of this initiative lies in the innovative solutions and job opportunities that will emerge from the centre, addressing critical challenges and driving employment across various sectors in Rwanda. As the country looks forward to the transformative outcomes of the Kigali Innovation Centre, the stage is set for a new era of technological advancement and economic growth in Rwanda.