Is Kigali’s Property Boom a Bubble? The American Investor Betting Millions on Rwanda | Jonathan Shafer

Why are Kigali house prices rising, why is electricity in Rwanda still expensive, and why would an American investor bet millions on Rwanda? 

In this episode of The Long Form Podcast, Sanny Ntayombya sits down with Jonathan Shafer, Managing Director of Fortis Green, to discuss investing in Rwanda and Africa. They explore Kigali’s booming real estate market, whether Rwanda is experiencing a property bubble, housing affordability, mortgages and the future of property prices. Jonathan also explains Rwanda’s electricity costs, renewable energy, private power generation, and whether the country can produce enough affordable energy to compete for AI infrastructure and data centres. 

Finally, they discuss foreign investment, the risks of investing in Africa and why Jonathan continues to bet on Rwanda’s future.

Sponsors:

ShieldTech Hub- https://www.shieldtechub.com                                           

Akagera Medicines- https://www.akageramedicines.com 

BasiGo Rwanda- https://www.basi-go.com/rwanda 

CanalBox-https://www.canalbox.rw 

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