Business

RDB CEO Clare Akamanzi in Zimbabwe to share Rwanda’s Experience in the development

At the request of President Emmerson Mnangagwa,Chief executive of the Rwanda Development Board, Ms Clare Akamanzi is in Zimbabwe to address Cabinet members, the private sector and civil servants on how Rwanda managed to attract huge foreign direct investment within a short period of time.

Speaking to The Herald on Monday, Zimbabwean presidential spokesperson Mr George Charamba said President Mnangagwa was impressed by the progress made by Rwanda economically.

“When we went to the extraordinary summit for the signing of the Continental Free Trade Area in Kigali, one key question we raised bilaterally was, ‘How have you been able to raise so much FDI in so short a time and so successfully?’ and President (Paul) Kagame said, ‘I have an institutional home where investors arrive and are received and that is called the Rwanda Development Board and you are free to interface with its CEO’, and for a good two hours the President had a whole meeting with the CEO of the Rwanda Development Board,” he said.

Ms Akamanzi is set to address Cabinet members, the private sector and civil servants on how Rwanda managed to attract huge foreign direct investment within a short space of time.

According to The Herald President Mnangagwa has set Zimbabwe on a developmental path that includes attracting foreign investors, hence his popular mantra “Zimbabwe is open for business”.

Previously when he was in Rwanda, President Emmerson Mnangagwa met the Chief Executive Officer of the Rwanda Development Board Clare Akamanzi.

Rwanda currently ranks the second easiest place of doing business in Africa after Mauritius and 41st in the world according to the World Bank Doing Business Index.

The Express News

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