The effects of the 1994 Genocide against the Tutsi left Rwanda’s economy in ruins, with the business community particularly hard-hit.
The few formal businesses that existed were inefficient and severely under-resourced. However, post-genocide socioeconomic reforms, including the establishment of PSF in 1999, have revitalized the private sector, transforming it into a key driver of Rwanda’s Vision 2020 and beyond.
Today, the private sector leads the employment rate at 94% and contributes almost 60% to the annual national budget through taxes.
The Private Sector Federation - Rwanda (PSF) is a professional organization, dedicated to promote and represent the interests of the Rwandan Business community. It is an umbrella organization that groups 5 Clusters. It was established in December 1999, replacing the former Rwanda Chamber of Commerce and Industry.
The Private Sector Federation (PSF) has registered major successes since its creation in 1999. Beyond a strong brand and membership base, PSF pioneered Business Development Services(BDS), registered wins in advocacy and played a strong national, regional and intentional role.