VENTURES AFRICA – In a bid to explore the growth opportunities and the rising demand for workspaces in East Africa’s booming economy, the world’s largest provider of flexible workplaces, Regus is opening its first business center in Kigali City, Rwanda.
The Regus Kigali City Tower centre will be located in the central business district of Rwanda’s capital, Kigali. It will offer work-ready Offices, Meeting Rooms and a Business Lounge where mobile workers can drop in to meet people, send emails, make calls or print documents. The centre’s advanced facilities include business class internet access and it is conveniently placed for the international airport, which is 15 minutes away by road.
According to Regus CEO, Mark Dixon, “We are launching a new centre in Rwanda to provide businesses with smarter, flexible ways to grow and explore the opportunities created by economic growth in East Africa. We help them to do so at minimal upfront cost, without committing themselves to long-term premises. These advantages have fuelled demand for our services across Africa and especially East Africa where we intend to double the size of our network by 2014.”
Regus is aware of the growing demand for its services in the East Africa region. Demand for the company’s service increased by forty-seven percent in the region and forty percent yearly growth in enquiries across the continent.
With the latest launch in Rwanda, Regus now has locations in seven East African countries including: Tanzania, Uganda, Kenya, Zambia, Mauritius and Madagascar, and a global presence in 97 countries.
The Rwanda opening continues the rapid expansion of Regus’ network in Africa and worldwide. The company recently reiterated its plan to open two hundred new centers worldwide by the end of 2012.
The growth of the Regus network is helping more and more companies to open up new revenue streams in Africa’s emerging and frontier markets, without the high upfront costs of taking on long-term space abroad.
These markets offer huge opportunities to businesses in all sectors, with The Economist predicting that seven of the world’s top ten fastest-growing economies in 2011-15 will be in Africa, including Rwanda. At the same time the International Monetary Fund predicts Rwanda’s GDP will reach 7% in 2013.
Regus plc is a multinational corporation that provides serviced office accommodation in business centers worldwide. It customers include Google, GlaxoSmithKline, and Nokia among thousands of growing small and medium businesses.
Regus was founded in Brussels, Belgium in 1989. It is headquartered in Luxembourg and listed on the London Stock Exchange.