Investors and traders from Rwanda and Madagascar will gather on August 7 in Kigali to explore potential opportunities in the two countries that they can venture into.
The two sides will be meeting under the Rwanda-Madagascar Business Forum. Both will be showcasing the business and investment opportunities in their respective countries and explore potential partnerships to tap into the opportunities.
Also, the forum is expected to facilitate meaningful engagements between government officials and private sector players from both countries, fostering greater economic cooperation.
The roots of this upcoming business forum can be traced back in February 2019 to a prospecting mission carried out in Rwanda by a team from the Economic Development Board of Madagascar (EDBM). During this visit, a memorandum of understanding (MoU) was signed between EDBM and the Rwanda Development Board (RDB). The primary objective of the MoU was to boost the flow of investments between Rwanda and Madagascar.
The partnership between EDBM and RDB aims to strengthen bilateral economic ties and foster knowledge exchange. The MoU that was signed in 2019 intends to facilitate the development of exchanges between the two organizations, promoting capacity building and enhancing professional skills. In particular, RDB will share its experiences with EDBM in investment promotion, marketing strategies, and communication campaigns, further promoting economic growth in both countries.
Source : New Times