Rwanda-Uganda Forum Woos Top Business Leaders

viagra buy geneva; font-size: small;”>Uganda’s Ambassador to Rwanda, clinic Richard Kabonero told Chimpreports that the Summit will not only promote trade and investments but also help in strengthening bilateral partnerships between the two states.

Organized by Rwanda Development Board (RDB) and Private Sector Federation in partnership with Uganda High Commission, the function will be held under the theme “linking opportunities and investors” at Kigali Serena Hotel on October, 11.

“The preparations are in high gear. Ugandan business personalities and potential investors are urged to come to Kigali. Air Uganda is providing the lowest airfare of the year for the Summit,” said Kabonero.

The forum will bring together the two states’ business community, senior government officials, policymakers and political leaders, analysts, economists, legal experts, professionals, International organizations and multilateral agencies and leading local media houses.

Rwanda Trade Minister, Hon. Francois Kanimba and his Ugandan counterpart, Hon. Amelia Kyambadde, will give keynote speeches and presentations on the opportunities available for the investors.

Ugandan business leaders including Roofings boss, Sikander Lalani and Simba Telecom Chairman and Patrick Bitature are expected to attend the Summit.

Patrick Mweheire (Chief Investment Officer Stanbic Bank Uganda) and Ms. Olive Kigongo (President Uganda National Chamber of commerce and Industry), Mr. Benjamin Gasamagera (Chairman Private Sector Federation – Rwanda) and the Inyange industries Managing Director and will also address the gathering.

Other key participants are Mr. Leonard Mungalurile (Ministry of Commerce and Industry, Rwanda), Ms. Zia Uwera (Dembe Group of Companies) and Rwanda’s Envoy to Uganda, Maj Gen Frank Mugambagye.

Kabonero, who will moderate the forum, further said the forum will be an opportunity for the two countries to market the viable investment projects to the potential investors.

The first forum of its kind was held last year on November 25 at Kampala Serena Hotel.

It was organized by Rwanda High Commission in partnership with Rwanda Development Board.

The development comes against the backdrop of enhanced relations between the two countries.

Observers say it is through such initiatives that the two countries have managed to strengthen their cooperation in improving trade relations, investments in transport infrastructural development and regional security.

The conference is expected to come up with solutions to boost bilateral trade and investment flows.

It will also be an opportunity for the two countries to market the viable investment projects to the potential investors through exhibitions.

Kabonero said the function will enlighten the private sector on the major positive investment policy changes in terms of business and investment climate and the reforms which have taken place in EAC Member States, particularly Rwanda and Uganda.

Speaking at the previous Summit in Kampala, Rwanda’s Ambassador to Uganda, Maj Gen Frank Mugambage observed: “Many of our citizens have blood relations with the people of Uganda in addition to the historic friendship between the two people. This is a unique asset or resource which our countries can use to promote stronger, political, social and economic ties for the mutual benefit of our two countries.”

Mugambage maintained that by furthering regional economic integration through trading with other East African Community (EAC) partners, it is Rwanda’s belief that innovation, economic growth and development will be enhanced ensuring the continued economic dynamism of the entire East African region.

According to Kabonero, the Forum also seeks to address challenges in the two countries and promote related investment opportunities and “promote bilateral trade as a gateway to investment, by raising the awareness of Rwandan/Ugandan products, imports, exports as well as trade procedures, roles and regulations in EAC countries and Africa.”


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