In light of the exchange of visits between Egypt and the rest of the African countries, Egypt organized the Egyptian-Rwandan Business Forum, From 16 to 19 May, In the presence of a high-level Rwandan delegation, Made up of 60 Rwandan businessmen, And with them, Mr. Alfred Jacoba, the Rwandan ambassador to Cairo, Mr. Antoine Kajinkau, Director General of Trade and Investment at the Ministry of Trade and Industry in Rwanda, and Mr. Antoine Bakifika, Head of the Rwandan Private Federation Sector, and Mr. Pacific Toyashimi, Director of the Investment Office of the Rwandan Development Board, Mr. Stephen Ruzibeza, CEO of PSF Office, Rwandan Private Sector Federation, With the presence of many institutions and agencies, industry associations, and councils on the visit, The Egyptian-African Businessmen Association is participating in this huge event.
Today, bilateral meetings were held between the Egyptian and Rwandan side. During which 12 major companies of African Egyptian members participated; to develop relationships, share experiences, and investment opportunities, and export in all fields, To find out about opportunities for joint work, And study how to take advantage of the potential of the two countries.
Dr. Yousrey Elsharkawi, chairmanof the association,confirmed The Egyptian-Rwanda relations are very deep, Emphasizing the association’s keenness to enter strongly into the entire African market, Rwanda, especially after the success of its development experience, and overcoming the difficulties and challenges it faced in all fields.
The objectives of the visit were varied. Among them were:
- Providing a forum for trade exchange and partnerships.
- Explore and identify new opportunities for trade and investments from various key sectors.
- Create business links and create unique matchmaking opportunities.
- Engage with business in a strategic dialogue and share good business practices.
It is expected that the visit will conclude with several recommendations, which are summarized in:
- Explore and identify new opportunities for trade and investments from various sectors.
- Exchange of knowledge and promotion of trade between Rwanda and Egypt.
- Searching for partners for joint business ventures as well as building strategic business partnerships.
- Participants will be able to forge strong links with potential business partners in both countries.
He added that the association organized meetings with the Rwandan side during the past period, It was also able to develop joint plans; To promote trade exchange and economic cooperation between the two countries, He stressed that the association was able to strengthen economic relations between Rwanda and other countries on the continent, especially Nigeria, Through several conferences held by the association.
The Rwandan side confirmed in a statement, The general objective of the visit is to promote investments, and trade exchange, and economic cooperation between Rwanda and Egypt, He also pointed out that there is already joint cooperation in several areas, The statement indicated that the PSF, the private sector federation, will actively participate in that visit; To be able to establish strong links with potential business partners in Egypt, And come out with recommendations in the interest of both parties.
It is worth noting that the Private Sector Federation (PDF), It is a membership-based organization representing the interests of the business community in Rwanda, Its mission is to promote the business of members, With the aim of entering into profitable business for the prosperity of Rwanda, PSF focuses on capacity building, promoting entrepreneurship, market access, and establishing regional and international business partnerships.
The Federation of the Private Sector stressed that participation in the visit comes to enhance the volume of trade between the two countries. Stressing that Rwanda offers pivotal opportunities for Egyptian mining investors, and infrastructure projects such as: railways and air transport, In addition to areas such as agriculture, manufacturing, energy, and tourism in Africa.
Elsharkawi added, The meetings between the association and businessmen of Rwanda are continuing and intensively, Where we aim to strengthen our relations with the countries of the entire African continent; To achieve the economic goals that exist in the vision of our association.