RDB CEO: EU-Rwanda Business Forum to strengthen trade & investment relations
According to date from the Rwanda Development Board, the European Union is the biggest source of Foreign Direct Investment to Rwanda, with investments worth $210 million registered in 2022. At the on-going, EU-Rwanda Business Forum, CNBC Africa spoke with Clare Akamanzi, CEO, Rwanda Development Board to explore investment and trade opportunities, as well as partnerships with businesses in the country.
Tue, 27 Jun 2023 10:58:35 GMT
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AI Generated Summary
- The European Union is the largest source of Foreign Direct Investment in Rwanda, with investments worth $210 million in 2022.
- The EU-Rwanda Business Forum served as a platform to identify opportunities for collaboration and partnership between EU investors and Rwandan businesses.
- Focus was placed on key sectors like agriculture, agro-processing, mining, healthcare, pharmaceuticals, and the green economy to drive economic growth and attract more EU investments.
The Rwanda Development Board has revealed that the European Union remains the largest source of Foreign Direct Investment in Rwanda, with investments amounting to $210 million registered in 2022. In light of this, the EU-Rwanda Business Forum was recently convened to explore further investment and trade opportunities between the two regions. Clare Akamanzi, the CEO of the Rwanda Development Board, highlighted the importance of the forum as a platform for collaboration and partnership between EU investors and Rwandan businesses across various sectors. The event aimed to foster stronger economic ties and attract more EU investments into Rwanda, building on the existing relationship between the two parties. Akamanzi emphasized the potential for growth and development through combined efforts and strategic focus on key sectors such as agriculture, agro-processing, mining, healthcare, pharmaceuticals, and the green economy. The forum brought together private sector stakeholders, government officials, and EU investors to engage in meaningful discussions and explore avenues for mutual benefit and sustainable growth.
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