The case of Rwanda: From Ashes to inspirational: “How FDI untapped a landlocked country?”

Yves Ruboneka

Student thesis: Master thesis


This paper has investigated on possible triggers of Foreign Direct Investment (FDI) inflows in Rwanda after 1994 genocide, despite being a landlocked country, with the intention of discovering reasons why foreign investors would inject their capital into landlocked countries with almost no factors attractions. Through literature review and interviews with government and foreign investors’ institutions in various sectors, the paper compared and contrasted the data and information collected with the use of the developmental states theory and Dunning’s Eclectic paradigm OLI model to find out possible strategies used by a landlocked country like Rwanda to attract private foreign investors. For better results, an empirical qualitative research based on interviews (Skype and/or telephone) and analysis took place within months of August and October 2015. The results intended to show various strategies such as government’s policies and institutions that Rwanda used to attract private FDI, as a landlocked country. Furthermore, results intended to serve of example to other African countries and elsewhere in a similar situation. The paper has suggested, for further research, whether Rwanda represents a new form of African developmental state (Niamh Gaynor, 2014) considering its particularities and controversial findings from previous researchers.

EducationsMSocSc in Political Communication and Managment, (Graduate Programme) Final Thesis
Publication date2015
Number of pages98