Investors worried as Rwanda could miss revenue targets for mineral exports

Miners at work in Rwanda. Kigali's principal minerals have suffered low prices on the international market. PHOTO | FILE | NATION MEDIA GROUP

Rwanda is staring at the possibility of missing its $600 million revenue target for mining exports this year, and investors are worried about missing the $800 million target for 2020.

It has all to do with the country’s principal minerals having suffered low prices on the international market. Tin, wolfram, and coltan are fetching way less than they did in 2018.