Rwanda Signs Strategic Investment Agreement for Electric Vehicle Assembly

On 31 October 2026, the Rwanda Development Board signed a strategic investment agreement with Ecofleet Solutions and Chery Holding Rwanda for an electric vehicle assembly plant and related transport arrangements. The partnership also includes an offtake arrangement for 300 electric buses. The announcement confirms an investment agreement, not a completed acquisition, and no total investment value or ownership breakdown was disclosed. Investors, corporate finance advisers and manufacturing groups can explore project-finance analysis, investment assessment and transaction modelling. HPC can support financial analytics and data-intensive modelling; contact HPC for a quotation based on your confirmed project requirements.