Rwanda and Ghana sign investment pacts | New times

Ghana has announced plans to establish a chocolate production plant in Rwanda as the two countries seek to strengthen trade and investment ties.

The deal is one of the results of the week-long business trip to Ghana by a delegation of Rwandan officials and business operators from different sectors.

The delegation was led by Belise Kariza, Director of Tourism of the Rwanda Development Board (RDB).

“Rwanda and Ghana are committed to forging joint partnerships in tourism and trade to enhance the exchange of best practices and capacity building,” the Rwanda High Commission in Ghana said in a statement.

RDB and the Cocoa Board of Ghana plan to announce full details of the deal in the near future, including the establishment of a chocolate processing factory in Rwanda.

The New Times understands that the factory should be established in Kinigi, in the district of Musanze.

According to Ghanaian media reports, as part of the partnership, Ghana will supply processed organic cocoa in the form of cocoa nibs or cocoa liquor, from which the chocolate will be processed in Rwanda.

In reciprocity, Rwanda will also establish a formulation plant in Ghana for the production of organic pyrethrum-based pesticides for crop protection, veterinary use and public health.

Rwanda produces pyrethrum on a large scale.

This will help reduce transportation costs and bring affordable organic produce closer to Ghanaian farmers, according to Ghanaian media reports.

Although there have been no official details on the timing of the deal, reports indicate that the two countries have agreed to undertake collaborative research on pyrethrum and cocoa to ensure better yields for the benefit of farmers. farming communities in Rwanda and Ghana.

At the same time, the two countries also agreed to forge partnerships between tourism stakeholders to develop joint Rwanda-Ghana packages for international tourism.

Other areas to explore include the creative art industry, travel and hospitality industry, education, culture and agriculture.

Officials from both countries asked for stakeholder support for the collaboration to be successful, saying Ghana-Rwanda had set the tone for others to follow.

Afua Asabea Asare, the director general of the Ghana Export Promotion Authority, is quoted in Ghanaian media as saying that the collaboration between the two countries was the start of the journey to explore more business opportunities.

She called for a commitment between the two countries to make the partnership work, saying “we need to operationalize these concepts to be successful.”

Aisa Kirabo Kacyira, Rwanda’s High Commissioner to Ghana, congratulated Ghana for the warm welcome, describing it as a passionate moment to defend the dignity of Africa.

She was convinced that the collaboration would succeed in ensuring the effective realization of the African Continental Free Trade Area.

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