Strengthening trade collaboration between Rwanda and Madagascar
Members of the private sector from Rwanda and Madagascar are meeting in Kigali to discuss ways to collaborate. Clare Akamanzi, CEO of Rwanda Development Board spoke to CNBC Africa on the side-lines of the forum.
Mon, 07 Aug 2023 11:12:17 GMT
Disclaimer: The following content is generated automatically by a GPT AI and may not be accurate. To verify the details, please watch the video
AI Generated Summary
- The importance of South-South cooperation within the African continent for economic development
- Key sectors for collaboration between Rwanda and Madagascar including agriculture, mining, tourism, manufacturing, ICT, and logistics
- Opportunities for mutual growth and shared prosperity through trade and investment partnerships
The burgeoning economic ties between Rwanda and Madagascar have taken center stage as members of the private sector from both nations convene in Kigali to explore potential avenues for collaboration. The CEO of the Rwanda Development Board, Clare Akamanzi, emphasized the significance of enhancing South-South cooperation within the African continent for sustainable economic growth. Akamanzi lauded the recent visit of President Andry Rajoelina of Madagascar to Rwanda, underscoring the pivotal role of fostering business partnerships and supporting private sector growth in driving economic development. President Rajoelina echoed the sentiments of his Rwandan counterpart, President Paul Kagame, in championing the expansion of businesses and the private sector within their respective economies. The strategic alliance between the two nations holds immense promise, particularly in key sectors such as agriculture, mining, tourism, manufacturing, ICT, and logistics. The collaboration aims to leverage the unique strengths of each country to promote trade, investment, and shared prosperity across the region.
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