According to Rwanda's Presidency, their discussions focused on potential investment opportunities in Rwanda, with particular emphasis on energy, infrastructure, and industrial growth.
Elsewedy Electric is a global leader that has transformed from a local manufacturer of electrical products to an integrated infrastructure solutions provider. With over 19,000 employees, the company recorded revenues exceeding USD 5.13 billion in 2024.
Elsewedy Electric operates across five key business sectors: wire, cable and accessories, electrical products, engineering and construction, digital solutions, and infrastructure investments.
The company has a strong presence in 19 countries, with 34 production facilities located across Africa and Asia, including Egypt, Algeria, Saudi Arabia, Qatar, Indonesia, Pakistan, and Tanzania.
Additionally, Elsewedy Electric exports a wide range of high-end products to over 110 countries globally.
In 2022, the company entered the Rwandan market through an agreement with Rwanda's Energy Group (REG) and EPC Africa, which involved selling 185.5 kilometers of cables to Rwanda.
Should Elsewedy Electric invest further in Rwanda, it could support the country's efforts to expand electricity access, build industries, enhance infrastructure, foster technological advancements, and advance renewable energy projects.
IGIHE
