Rwanda is now 3rd best performing country in Sub-Saharan Africa.
Since 2017, Rwanda gained 29 places, to 65—the third highest in Sub-Saharan Africa. The rise was driven by improvement in women’s financial inclusion, from 35 to 45 percent, associated with state-led initiatives such as financial literacy training, as well as the promotion activities of savings and credit cooperatives. With over 70 percent of Rwandan women working in agriculture, forestry, and fishing, cooperatives can open financial access to rural women who have traditionally been isolated from the mainstream economy. However, barriers to inclusion persist, including norms that favor male control of assets and income.