This week, a delegation from Rwanda’s private sector, RDB and the Rwandan Embassy in the United Arab Emirates are holding investment roadshows in the country’s Emirates with an aim to explore investment and trade opportunities between the two countries.
Taking place from 21 – 25 February, the events are being organised in the Emirates of Abu Dhabi, Sharjah, Ras Al Khaimah, and Dubai, respectively and will conclude with a Visit Rwanda Golf Tournament.
The roadshows provide a match-making platform for fostering partnerships between Rwandan and UAE business executives in sectors such as agro-processing, fintech & financial services, manufacturing, real estate, ICT, logistics, trade, hospitality, healthcare, and education.
The Ambassador of Rwanda to the UAE, H.E Emmanuel Hategeka noted:
“Rwanda and UAE enjoy excellent relations and bilateral trade and investment flows have been on an upward trajectory for the last four years. We expect the UAE x Rwanda Business Forum and investment roadshows to bring the two business communities closer and deepen collaborations. Indeed, this is the right time to reactivate economic exchanges in order to sustain the post-pandemic economic recovery.”
The Acting Chief Investment Officer at the Rwanda Development Board, Philip Lucky said:
“We’re organising these events in order to strengthen our business ties with the UAE. It is our expectation that Rwanda’s private sector can tap into the advanced economic sectors of the UAE and attract the required expertise and investments for developing Rwanda’s economy.”
The acting Chairperson of the Rwandan Private Sector Federation, Jeanne Francoise Mubiligi said:
“These roadshows are a great opportunity for our local investors to engage with their counterparts in the UAE for potential trade and investment opportunities. Rwandans are already trading with the UAE and it is another great occasion to further our partnership.”
MoUs are expected to be signed during the events, including one between the Rwandan Private Sector and the Federation of UAE Chambers of Commerce & Industry establishing the UAE x Rwanda Joint Business Council.
The UAE is one of Rwanda’s leading trade partners. Over the last 10 years, trade has grown tenfold to US$ 1.09 billion in 2022. On investments, there are 11 UAE companies registered in Rwanda with investment commitments valued at over US$ 134 Million USD.
In the UAE: Pierre Muyombano, Communication Specialist, Embassy Of The Republic of Rwanda in the UAE at firstname.lastname@example.org
In Rwanda: Paul Ntambara, Media Relations, Rwanda Development Board at email@example.com