Kigali City Tower Since his accession to power in 2000, President Paul Kagame has sought to transform Rwanda from an impoverished country dependent on subsistence agriculture into a middle income country with a strong service sector. This policy, which is based on liberalising the economy, privatising state owned industries and reducing red tape for businesses, has led to a strong GDP growth between 2004 and 2010 of per year. The changing economy has prompted a construction boom as the need for office and urban residential space has increased. The Kigali City Tower project was begun in 2006 by Rwandan businessman Hatari Sekoko, through
African Continental Free Trade Area 8-9 March 2018 the African Union Ministers of Trade approved the draft. At the extraordinary Summit of the Assembly of the African Union on 21 March in Kigali the Agreement establishing the African Continental Free Trade Area was signed, along with the Kigali Declaration and the Protocol of Free Movement. Other countries who signed the Kigali declaration, including South Africa and Namibia, are expected to sign the agreement during the AU summit in July. Negotiations will continue in 2018 with Phase II, including policies of investment, competition and intellectual property rights. On the January 2020 AU Assembly negotiations are envisaged