Rwanda: Why Poland Is Looking to Invest More in Rwanda Francine Umutesi, the international relations executive for the Poland-Africa Business Partnership and Co-operation at the Central Poland Chamber of Commerce told The New Times Peterson Tumwebaze how the new Polish business initiative, Go Africa programme could boost Rwandas foreign direct investments and spur economic growth. Umutesi is also the president of Rwandan Diaspora in Poland. What is the Polish business initiative that you are trying to promote in Rwanda and Africa generally all about? The Polish government has realised that Africa is becoming a more productive partner businesswise and wanted to take this opportunity to another level. The primary role of the Go Africa programme is to forge business partnerships between Polish investors and African entrepreneurs to promote growth of the continent. The programme supports Polish investors interested in doing business with Africa. This also includes giving loans to facilitate business partnerships in Africa. A $500b fund was established to support this initiative across the continent.How can Rwanda become part of this initiative? The idea of the Poland-Africa partnership is to improve trade and investment between the two sides. We have already signed a memorandum of understanding (MOU) with Rwandas private sector and are encouraging Polish business people to invest in the country. We are also working with the Ministry of Education to establish a Polish school to support capacity building initiatives and act as a focal point for both sides to exchange information on the existing business opportunities. Which sectors should Rwanda market under this programme? Agro-processing, mining and information communication technology are some of the areas in which Rwanda could benefit if it partners with Poland. Rwanda could exchange tea and coffee for the hi-tech agro-processing and mining technologies, for instance. Food processing is the other area where Rwanda has a great chance because there are many Polish investors who want form joint ventures with local entrepreneurs in this sector.allafrica/stories/201407020604.html
Posted on: Sun, 06 Jul 2014 17:11:36 +0000
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