Now reading: Data and scenarios provide a glimpse of a future Rwanda

Governance, Policy & Regulation


Policymakers, regulators and supervisors in emerging markets are under pressure to develop, implement and enforce policy and regulation that conforms to global best practice but is effective locally despite considerable constraints. Cenfri leverages the legal background, policymaking and regulatory experience of key team members and assists via direct regulatory development or policy guidance but more often through technical assistance and skills building. 

Much of our work has been in the financial sector across Africa, Asia and Latin America. This includes an impressive “regulating for innovation” portfolio in support of financial sector regulators who are grappling with innovation or market development mandates in regulatory environments that do not effectively accommodate the range of risks presented by new financial service innovations. We also support improved digital and data governance in Africa. Examples range from creating a set of scenarios on the possible digital futures in Africa, to developing a data-sharing policy for the Government of Rwanda and researching fit-for-context open finance solutions for Africa

Governance, Policy & Regulation

Data and scenarios provide a glimpse of a future Rwanda

For the past three decades, Rwanda has had remarkable growth. Between 1999 and 2023, real GDP per capita grew on average 5% per annum. But the aim is even higher: Rwanda’s vision is to become a high-income country by 2050 and to reach this goal it would need to surpass

Read More »
Governance, Policy & Regulation

Harnessing data and scenario-based planning in Rwanda: A look at NST2

Rwanda’s journey toward becoming a high-income nation by 2050 is driven by clear strategic frameworks, one of which is the 2nd National Strategy for Transformation (NST2) for 2024–2029. This strategy focuses on five key priorities: creating productive jobs, boosting exports, improving education, reducing malnutrition, and enhancing public service delivery. However,

Read More »
Consumer Outcomes

7 Lessons from 2024

Our work at Cenfri rarely follows the typical rhythms of the calendar year, yet, as 2024 draws to a close, we thought it would be good to reflect on what we’ve achieved. It’s been a busy few months: we’ve worked on around 50 projects and undertaken work-related travel to 19

Read More »
Governance, Policy & Regulation

Whistle before the foul: Lessons from football for financial supervisors

Over the last decade, football fans have increasingly been required to understand financial reporting and legal processes. Within the last season, two clubs (Everton and Nottingham Forest) were docked points after being found guilty of breaching the Premier League’s Profit and Sustainability Rules (PSR). The objective of PSR is essentially

Read More »
Digital Transformation & Data

Open finance in Africa: The why and the how for context-appropriate implementation

The promise of open finance has led to a rapid proliferation in countries exploring implementation globally. However, it also comes with costs and risks—particularly as highly sensitive personal information is being made shareable. For African regulators and policymakers, open finance is an important emerging trend that requires a clear understanding

Read More »
Digital Transformation & Data

A pocket guide to navigating the structure of the G20

On 1 December 2024, South Africa will take over the G20 presidency. This is a fantastic opportunity for Africa. In his recent Troika high-level address at the United Nations (UN), International Relations and Cooperation Minister Ronald Lamola, announced that South Africa’s presidency will prioritise the Global South, particularly the African

Read More »
Digital Transformation & Data

Leveraging agricultural data for more effective policymaking

Policymakers are challenged to develop policies that will have a positive social impact. For instance, input subsidies for farmers have been widely used as a mechanism to alleviate poverty in rural areas, targeting smallholder farmers. But how can policymakers be sure they are achieving the intended objectives of the policy?

Read More »
Governance, Policy & Regulation

Supporting responsible financial sector innovation in Jordan

Cenfri, in partnership with the GIZ I-FIN project, is providing technical assistance to the Central Bank of Jordan (CBJ). In line with Jordan’s Economic Modernisation vision to position Jordan as a fintech hub in the region, the CBJ has prioritised its objective to improve the enabling environment for fintech and

Read More »
Governance, Policy & Regulation

R3Lab Toolkit: Regulating and enabling innovation

Innovation can enable insurance to become a powerful engine of growth and development across the continent, but achieving this requires that market players and regulators work together to build an ecosystem in which responsible innovation can thrive. For regulators, doing so means not only understanding the current state of innovation

Read More »
Digital Transformation & Data

The evolution of the Rwanda Economy Digitalisation Programme

Through strategic partnerships and focused initiatives, the Rwanda Economy Digitalisation (RED) programme has made significant progress in promoting data-driven decision-making in the country. I sat down with our Partnerships and Country Lead, Arlette Rwakazina, to talk about some of the achievements and challenges of the programme to date. We also

Read More »
Governance, Policy & Regulation

Data and scenarios provide a glimpse of a future Rwanda

For the past three decades, Rwanda has had remarkable growth. Between 1999 and 2023, real GDP per capita grew on average 5% per annum. But the aim is even higher: Rwanda’s vision is to become a high-income country by 2050 and to reach this goal it would need to surpass

Governance, Policy & Regulation

Harnessing data and scenario-based planning in Rwanda: A look at NST2

Rwanda’s journey toward becoming a high-income nation by 2050 is driven by clear strategic frameworks, one of which is the 2nd National Strategy for Transformation (NST2) for 2024–2029. This strategy focuses on five key priorities: creating productive jobs, boosting exports, improving education, reducing malnutrition, and enhancing public service delivery. However,

Consumer Outcomes

7 Lessons from 2024

Our work at Cenfri rarely follows the typical rhythms of the calendar year, yet, as 2024 draws to a close, we thought it would be good to reflect on what we’ve achieved. It’s been a busy few months: we’ve worked on around 50 projects and undertaken work-related travel to 19

Governance, Policy & Regulation

Whistle before the foul: Lessons from football for financial supervisors

Over the last decade, football fans have increasingly been required to understand financial reporting and legal processes. Within the last season, two clubs (Everton and Nottingham Forest) were docked points after being found guilty of breaching the Premier League’s Profit and Sustainability Rules (PSR). The objective of PSR is essentially

Digital Transformation & Data

Open finance in Africa: The why and the how for context-appropriate implementation

The promise of open finance has led to a rapid proliferation in countries exploring implementation globally. However, it also comes with costs and risks—particularly as highly sensitive personal information is being made shareable. For African regulators and policymakers, open finance is an important emerging trend that requires a clear understanding

Digital Transformation & Data

A pocket guide to navigating the structure of the G20

On 1 December 2024, South Africa will take over the G20 presidency. This is a fantastic opportunity for Africa. In his recent Troika high-level address at the United Nations (UN), International Relations and Cooperation Minister Ronald Lamola, announced that South Africa’s presidency will prioritise the Global South, particularly the African

Digital Transformation & Data

Leveraging agricultural data for more effective policymaking

Policymakers are challenged to develop policies that will have a positive social impact. For instance, input subsidies for farmers have been widely used as a mechanism to alleviate poverty in rural areas, targeting smallholder farmers. But how can policymakers be sure they are achieving the intended objectives of the policy?

Governance, Policy & Regulation

Supporting responsible financial sector innovation in Jordan

Cenfri, in partnership with the GIZ I-FIN project, is providing technical assistance to the Central Bank of Jordan (CBJ). In line with Jordan’s Economic Modernisation vision to position Jordan as a fintech hub in the region, the CBJ has prioritised its objective to improve the enabling environment for fintech and

Governance, Policy & Regulation

R3Lab Toolkit: Regulating and enabling innovation

Innovation can enable insurance to become a powerful engine of growth and development across the continent, but achieving this requires that market players and regulators work together to build an ecosystem in which responsible innovation can thrive. For regulators, doing so means not only understanding the current state of innovation

Digital Transformation & Data

The evolution of the Rwanda Economy Digitalisation Programme

Through strategic partnerships and focused initiatives, the Rwanda Economy Digitalisation (RED) programme has made significant progress in promoting data-driven decision-making in the country. I sat down with our Partnerships and Country Lead, Arlette Rwakazina, to talk about some of the achievements and challenges of the programme to date. We also