Cement, steel prices double amid Rwanda’s construction boom

Construction activity at a Kigali city centre site, Rwanda, where mega projects are driving up material costs, straining small builders, and widening inequality.

Photo credit: File | Nation Media Group

The big-ticket construction projects in Kigali and other parts of Rwanda have led to a scarcity of construction materials, driving up prices, with smaller projects suffering.

Infrastructure investments in the 2025/26 budget alone total Rwf615 billion ($450 million)