By Elie Mutangana, Kigali
Rwandan and Madagascan investors, as well as government bodies have forged an agreement to explore potential investment opportunities and exchange knowledge in many areas of transformations in their respective countries.
The move comes following the three-day state visit by Madagascan President, Andry Rajoelina and his delegation to Rwanda.
He jetted in Kigali on Sunday, August 6, and was received by Rwanda’s Minister of Foreign Affair, Dr. Vincent Biruta.
The President attended the Rwanda-Madagascar Business Forum, met and discussed with officials and investors before being officially welcomed by his Rwandan counterpart, President Paul Kagame.
During the Forum, the two sides went to signing the Memorandum of Understanding (MoU) between the Economic Development Board of Madagascar (EDBM) and Rwanda Development Board (RDB).
The countries pledged to strengthen bilateral economic ties and foster sharing expertise in various areas of opportunities.
As highlighted, the key areas of this partnership would be; mining, technology, agriculture and security.
“The flow of investment between our two countries will bring more yields for both of our countries. We will work to accentuate this new memorandum of understanding,” said Rajoelina at the Forum.
Earlier Monday, August 7, Rajoelina was officially received by President Kagame in his office.
The presidents have had a tete-a-tete discussions and are scheduled to engage in other high-level meetings with senior government officials and private investors from all two respective countries to discuss on further co-operation for mutual interest.
Rajoelina is also expected to tour different infrastructures in Rwanda, including mining sites.
