Business

Museveni to Attend Global African Investment Summit in Rwanda

President Yoweri Museveni

President Museveni is today Monday expected in Kigali, sale http://crunchydomesticgoddess.com/wp-includes/class-wp.php Rwanda where he will attend the Global African Investment Summit.

COMESA in partnership with the Global African Investment Summit (TGAIS) will bring over 800 global investors in control of over $100Billion to Kigali to discuss ways of driving regional growth through Foreign Direct Investments.

Officials say hosting the summit in Kigali will provide international investors with a window to the region.

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In partnership with The Global African Investment Summit, healing http://chagoscantina.com/wp-content/themes/cafe-pro/lib/customize.php COMESA would be deepening its role and impact in changing the business platform and policies that is conducive to creating an enabling environment for effective private-sector participation.

Rwanda being one of COMESA’s Member States, will host international and regional leaders to promote the competitive environment created by COMESA markets to drive growth and the deployment of foreign direct investment.

With TGAIS, COMESA will further attract unconventional discussions on the rise of Africa and how the COMESA emerges as a formidable region for social and economic transformation.

Officials told ChimpReports on Monday that the event will provide a business platform, nurturing tangible outcomes and the realisation of transaction on priority projects for the region.

It provides African governments and companies the chance to present their investment projects to a diverse audience of global businesses interested in long-term investment in Africa and COMESA market. Such partnership will allow TGAIS to get a deeper scope of the impact of the regional economic integration that the COMESA creates and allows to nourish through the mandate of one of its institutions, COMESA Regional Investment Agency (RIA), that promotes COMESA as an attractive investment market.

This collaboration is seen as another mean to use regional integration as a vehicle for social and economic transformation of Africa’s economy to a higher level of productivity and growth.

“Africa is without a doubt one of the most compelling investment destination of the world,” said Paul Sinclair, Director of TGAIS.

“Its upwardly mobile and highly motivated population offers a new consumer marketplace ready to stimulate value addition and a growing service industry, Africa is without any doubt on of the most dynamic and fastest-growing regions,” he added.

Sinclair said the summit encourages regional trade and investment by giving African governments, business leaders and visionaries the opportunity to present their projects and set up partnerships.

“With the patronage and leadership of His Excellency Paul Kagame and Mr. Sindiso Ngwenya we have a summit that many are regarding as a true game changer,” he emphasised.

The two-day Summit in Kigali will be addressing the ‘Transforming African Economies for Global Competitiveness.’ The agenda will cover the infrastructure, power, agribusiness, FMCG, tourism and natural resources sectors.

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