China pledges USD25m more to Rwanda
GOVERNMENT| Sept. 11, 2012, 12:20 p.m.
China has pledged additional grants and loans to Rwanda, during a visit to China by the Rwandan President.
President Paul Kagame was received by China's Prime Minister, Wen Jiabao at his guest house for a courtesy call and discussion on bilateral relations in his hometown of Tianjin. With over 200 million dollars invested in Rwanda and over 200 jobs created, the Chinese government currently supports Rwanda in infrastructure, health, agriculture, ICT and education sectors.
The bilateral meeting was attended by Rwanda's Ambassador to China, Francois Ngarambe, Minister of Finance, John Rwangombwa and acting CEO of RDB, Clare Akamanzi. The discussion between the two Heads of States expressed their satisfaction with the current cooperation between nations. “The two leaders committed to ensuring that the current relationship remains one that is mutually beneficial for both the people of Rwanda and China,” Ambassador Ngarambe explained.
Both leaders pledged to continue strengthening bilateral cooperation with China pledging an additional USD25 million in grants and interest free loans. In a clear example of commitment to bilateral cooperation, China committed to removing tariffs for all Rwandan exports beginning in 2013.
Regarding the situation in Eastern Democratic Republic of Congo, the Prime Minister also expressed his support for a peaceful process in the region.
China's cooperation with Rwanda has continuously grown stronger and is likely to increase in the future as China continues to invest in areas that contribute to the economic growth and transformation of Rwanda.
MORE GOVERNMENT NEWS
NCA Chairman calls for strong ties between Africa’s telecom regulatorsThe Chairman of Ghana’s National Communications Authority, Eugene Baffoe Bonnie, has emphasised the need for regulatory bodies in the African telecommunications industry to close ranks to ensure a stronger collaborations. Read More
Cybercrooks steal N127b annually in Nigeria, says ComTech ministerNigeria’s ComTech Minister, Barr Adebayo Shittu, has lamented that Nigeria loses N127 billion annually to cyber thieves, warning that if it is not addressed, it posed a great deal of threat to the national economy. Read More
Nigeria's ComTech minister restates need for ICT UniversityNigeria’s Minister of Communications, Adebayo Shittu, has restated the need for the establishment of an ICT University in Nigeria, the first of its kind in Africa. Read More
Nigeria tax chief to go after telcos, othersThe Executive Chairman of Nigeria’s Federal Inland Revenue Service (FIRS), Mr Tunde Fowler, has said the focus of the service this quarter, was to recoup taxes owed by telecoms firms, airlines, and deposit money banks (DMBs). Read More
NCA to mark 20th anniversary with Symposium on RegulationsGhana’s National Communications Authority is set to hold a two day symposium in Accra as part of events to mark its 20th anniversary as a regulator. Read More
NCC pays N1.4 tr into Federation Account, says DambattaThe Nigerian Communications Commission (NCC) has paid over N1.4 trillion to the Federation Account, the CEO of the regulatory body, Prof Garba Dambatta has said. Read More
NCC pays N70b to Nigeria GovtThe Nigerian Communications Commission says it has remitted N70 billon to the Federation Account in the last one year of Prof Umar Danbatta’s appointment as executive vice chairman and CEO. Read More
GCAA move to register drone operations in GhanaThe Ghana Civil Aviation Authority, the body in charge of running the country’s aviation industry, has embarked on an exercise to register remotely piloted aircraft systems (RPAS), popularly referred to as drones with effect from September this year. Read More
NCA wins CTO Policy and Regulatory AwardThe Commonwealth Telecommunications Organisation (CTO) has awarded Ghana's telecoms regulator the award for Best ICT Policy and Regulatory Initiative for its billing feedback system. Read More
FEATURED STORYFirst-ever Africa Barclays Accelerator programme concludes
Ten fintech companies have concluded the first-ever Barclays Accelerator, powered by Techstars in Africa.
BEST READ NEWS
IN DEPTHEthical Hacking students can’t get a heck of a job
Botswana ethical hacking students report that they are failing to break into the local job market.
COMPANY NEWSSage Announces the Launch of Sage 50 Accounting in East and West Africa
Sage 50 Accounting Africa edition is a full business management solution for Small and Medium Businesses.