All systems go for Zim-Rwanda investment conference

 

Allan Majuru

 

TINASHE MAKICHI

 

It’s all systems go for the inaugural Zimbabwe-Rwanda Trade and Investment Conference which is now scheduled to be held from September 20 to 23 in Kigali.

Zimbabwean businesses wishing to participate in the ground breaking trade and investment conference have an assortment of packages to pick from. The 5-star package will cost US$1, 950, the 4-star package will cost US$1,750, and the 3-star package will require US$1,550 while the basic package will cost US$280.

Rwanda has vast opportunities for Zimbabwean businesses wishing to do trade and to invest in its fast-growing economy while Zimbabwe is keen on growing its exports to Rwanda with market survey results by ZimTrade, indicating that locals could ride on this destination to generate more earnings.

Increasing trade with Rwanda is expected to enhance access to markets in the East African Community and in turn, increase Zimbabwe’s exports to the region with a combined GDP of more than US$177bn.

Rwanda has experienced high economic growth over the years and is fast becoming a strong economy in Africa, with an average of seven percent year-on-year real GDP growth since 2010.

Addressing a Rwanda- Zimbabwe Trade and Investment virtual conference in June, ZimTrade chief executive Allan Majuru said there has been an insignificant trade between Rwanda and Zimbabwe and this investment conference was going to unlock various opportunities of trade between the two countries.

“ZimTrade will be taking 100 companies to Rwanda for this investment conference and we will stand guided by our hosts on the numbers with regards to the Covid-19 protocols. The delegation travelling will be led by Foreign Affairs Minister Shava,” Majuru said.

The conference partners are the Rwanda Development Board, ZimTrade, Rwanda Embassy to Zimbabwe, Zimbabwe Embassy to Rwanda and diversified media group AB Communications.

 

 

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