Frank Kanyesigye

Kigali — The government of Rwanda is trying woo the potential investors in the horticulture (fruits and vegetables) and tea sectors.

rwandaThis was revealed recently by the Prime Minister Bernard Makuza while officiating at a one-day high-level agribusiness investment forum, which mainly focused on allowing foreign and domestic agriculture and agro- processing investors to share investment strategies and opportunities.

The conference that brought together investors from the East African Community, Africa, Mid-East, Europe and Asia was organized by Rwanda Development Board (RDB), the Ministry of Agriculture and the World Bank Group.

“This is an opportunity for us to have a dialogue with you on how best to partner and channel our efforts into fostering the development of horticulture and tea sectors,” he said.

He added that Rwanda is committed to programmes and initiatives that aim at fostering trade and investment in horticulture and tea sectors.

“Plans to increase the production of tea are ongoing and currently we have 9,000 hectares of land on which we have already started to plant tea, but we need you with your expertise to partner with us to put up factories to process that tea,” Makuza told investors.

“In horticulture, a range of tropical fruits and vegetables exist in this country; we need investors to process and establish strategic linkages between Rwanda and lucrative markets in Europe, Asia and America. We need you to be part of this”.

According to Agnes Kalibata the Minister of Agriculture and Animal Resources, Rwanda has an ideal climate for horticulture and tea.

“We are ready to make sure that the nuclear land you need for investment will be made available,” she told the investors.

Source: newtimes.co.rw/                                                   Image: Travelpod

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Gabon has signed investment contracts worth over $1.7-billion with the Singapore-based multinational Olam International Limited.fertiliser plant

The money will be spent on a new fertiliser production plant in the free trade zone in Port Gentil, palm oil and rubber plantations and infrastructure projects.

The deal follows a recent trip by president Ali Bongo to Singapore, which was aimed at strengthening economic relations between the two countries.

President Bongo is striving to attract a mix of investors to boost his government’s modernisation and diversification programme.

Source: TradeInvest       Image: tradekool.com

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By Wendell Roelf

CAPE TOWN (Reuters) – Chinese Vice President Xi Jinping signed an energy deal with resource-rich South Africa on Wednesday in a visit aimed at obtaining minerals the Asian giant needs to fuel its blistering growth.

signing energy dealChina is South Africa’s biggest bilateral trading partner and the focal point of its plan to divert more trade and investment from traditional markets in Europe and North America to the world’s fastest growing economies.

Xi, touted as China’s next president, had a three-day visit to Africa’s largest economy, which is seeking to reduce a deficit in trade with China that hit $2.7 billion last year, skewed in Beijing’s favour.

South African Deputy President Kgalema Motlanthe and Xi co-chaired the 4th China-South Africa bilateral commission and signed a number of agreements, including an energy deal.

Source: Reuters Image: Reuters

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