Rwanda’s President, Paul Kagame has called on Japanese investors to capitalize on the East African nation’s lucrative business opportunities.
Speaking as he delivered a keynote address at the recently-concluded Rwanda-Japan Business Forum in Tokyo, the Head of State invited Japanese firms to invest in Rwanda saying that the country is open to different modalities and types of investment.
Kagame has been a strong advocate for foreign investment in Africa.
In fact, the Rwandan President recently termed China’s aid and investment strategy in Africa as deeply transformational at a Forum on Africa-China Cooperation (FOCAC) in Beijing. At the time, he stated that Chinese engagements in the continent have portrayed Africa as a development partner.
“Our growing ties with China do not come at anyone’s expense. The gains are enjoyed by all who do business with us. Building the capacity of African institutions to transact and monitor more effectively is what will make the biggest difference,” he said at the time.
And at the Rwanda-Japan Forum, Kagame identified tourism, agriculture and infrastructure as key areas worth investing in.
“We want to benefit and we want those making investments with us to benefit as well,” he said as he encouraged investors not to be deterred by challenges such as Rwanda being a land-locked country.
Kagame stated that through the application of knowledge and innovation, the country has a lot of opportunities to offer.
His administration was quick to showcase a number of investment at the Forum, including the Kigali Innovation City, a flagship programme for Rwanda’s vision for a knowledge and innovation-based economy.
Kagame welcomed the Japanese investors saying that they would make ideal partners as they have adequate experience that matched the country’s national ambitions.
“The Government of Rwanda will continue to do our best, to provide a conducive and supportive environment for successful ventures,” President Kagame concluded.