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Protection for foreign investors in Rwanda

Published on July 12, 2016

In terms of investment protection, the most visible input of the new law is Article 7 that provides for the protection of intellectual property rights in relation to investment. 

“The investor’s intellectual property rights and legitimate rights related to technology transfer shall be guaranteed in accordance with relevant laws,” it reads in part. This provision is timely considering high probability of disputes between investors that could arise based on property rights violations, especially due to deep implementation of the freedom of establishment in the East African Community (EAC), as was recently the case between two Tanzania-based companies established in Rwanda, Mikoani Traders Ltd and Bakhresa Grain Milling (Rwanda) Ltd. 

For disputes between the investor and the government of Rwanda, or its decentralised entities such as districts, Article 6 of the new law affirms the inviolability of investors’ private property, whether owned individually or collectively. Read more. Source | New Times