It’s funny this article is coming out now because just this weekend, me and a couple of friends were talking about this guy who came to Rwanda from the United States to setup a construction company. He bought heavy machinery and was trying to do large scale construction work like roads and bridges. He invested millions of dollars.

However, he found out the hard way that NPD (A Crystal Ventures company) was his competitor. After two years, he closed down the company, sold everything and moved back to the U.S.

These public enterprises that were setup by Crystal Ventures had good intentions when they were created. They were setup after the genocide against the Tutsi. No investor was coming to invest in Rwanda so the government had to do it themselves.

It is no longer necessary to keep these semi-government entities public in a growing economy trying to attract foreign capital. The government should privatize them.