Initial results from Rwanda’s presidential elections showed incumbent Paul Kagame leading in the race to extend his decade-long stint at the East African country’s helm.
Rwandans voted in an election in which President Paul Kagame will probably secure a second term, reassuring foreign investors in the coffee-based economy.
Rwandan President Paul Kagame defended the country’s political system and criticized foreign media for saying there is no democracy in the East African nation.
Rwanda will sell its first international bond by the end of July as it seeks to improve infrastructure strained by a decade of economic growth faster than 8 percent, President Paul Kagame said.
Rwandan President Paul Kagame won a second term in office after garnering 93 percent of the vote in the East African country’s Aug. 9 election, the electoral commission said.
The killings of a Rwandan opposition leader and an investigative journalist aren’t likely to keep President Paul Kagame from winning a second term next week nor to slow the pace of investment in the East African nation.
"This should have started much earlier."
- Paul Kagame on Aug 06, 2014