Rwanda’s lubricant business is getting bigger because the government is helping important areas like industry and construction. Economic zones in cities are also growing, bringing more investments and making the lubricant market go up.
What’s Happening:
The future of the lubricant business looks good because the economy is growing in important ways. The government is also giving benefits to foreign investors to make more things “Made in Rwanda.”
Challenges in Rwanda:
Unlike Kenya, where most lubricants are made locally, Rwanda imports a lot. People in Rwanda need to know more about lubricants, and there are some challenges like higher costs because Rwanda is landlocked.
This means they have to import materials and finished products from nearby countries. People in Rwanda also stick to brands they trust because they had problems with quality before.
Conclusion:
Rwanda’s lubricant business is on the rise, and even though there are challenges, the future looks bright with the government’s support and the economy growing stronger.