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Rwanda Development Board approved by Parliament

This summer Rwanda’s Parliament passed legislation to create the Rwanda Development Board. The RDB is modeled after similar economic development agencies created by other emerging nations, particularly some of the “Tiger” countries.

The RDB’s main responsibility will be to fast-track development activities by both the government and the private sector. The RDB was created by merging eight existing government development agencies into one that will report directly to the office of the President. Joe Ritchie, a Chicago businessman who helped organize the Friends of Rwanda, and is co-chair of the Presidential Advisory Council, has been appointed CEO of the RDB.