Sweden to explore Rwanda’s economic potential

Anders Borg (middle left) holds a meeting with Finance Ministry officials

Anders Borg (middle left) holds a meeting with Finance Ministry officials

Bilateral relations between Rwanda and Sweden will see another boost through exploring business and investment opportunities and attract more Swedish investors to the region

Swedish Finance minister, Anders Borg is currently in the country to explore these opportunities and he is holding talks with several government officials, including his counter Amb. Claver Gatete and John Rwangombwa, the Governor of the National Bank of Rwanda, and representatives of the private sector.

Borg’s is on a regional tour to assess economic developments, market potentials, investments opportunities, and discuss mechanisms to attract more Swedish investors to the region so as boost economic development in both countries

During the meeting with Rwanda’s Minister of Finance and Economic Planning Claver Gatete, on Wednesday, the two ministers discussed several areas including the economy, reforms, and private sector as well as investment opportunities.

Gatete pointed out that Rwanda among other African countries is a vital market target for Sweden, as the continent continues to showcase potential development over the previous years.

Minister Anders hailed Rwanda’s sustained economic development and impressive transformation and said that Rwanda among East African countries has witnessed growth with increased stability, trade and investment opportunities, despite Africa being known for underdevelopment, poverty and conflicts.

 “We are assessing several areas of cooperation with Rwanda and looking for potential areas for future investments such as agriculture which can be explored,” Anders said.

Sweden is a main donors and contributes in development of Human rights, Democracy and poverty eradication where projects worth Rwf37.6 billion have been signed by the Rwandan government.

Tags:

 

About the author

Olive Ndaka is the Junior Editor for RwandaEye. An investor and young entrepreneur, she is a quick learner and has contributed many articles for RwandaEye in Kinyarwanda.

More posts by | Visit the site of Ndaka

 

0 Comments

You can be the first one to leave a comment.

Leave a Comment