China pledges USD25m more to Rwanda

RWANDA

-
Image: Rwandan President Paul Kagame and China's Prime Minister, Wen Jiabao . By Rwandan Presidency
Rwandan President Paul Kagame and  China's Prime Minister, Wen Jiabao

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.



Share the News

Get Daily Newsletter

comments powered by Disqus

MORE RWANDA NEWS

East Africa Exchange formally launched

H.E President Uhuru Kenyatta of Kenya rings a bell to signify the official regional launch of East Africa Exchange A new regional exchange is expected to increase access in the region’s commodity markets. Read More

More than 2.5m Rwandans now using mobile payments

The number of mobile payments subscribers in Rwanda has reached more than 2.5 million, according to figures in the recently-published Rwandan ICT Sector Profile.  Read More

Kirusa, MTN launch Celeb Connect and Sports Connect in Rwanda

Kirusa, a leader in voice messaging and social media mobileapps in emerging markets, today announced the launch of its popular services, CelebConnect and SportsConnect, on the MTN Rwanda network.  Read More

UNSG special representative in Rwanda to launch Decade of Sustainable Energy for All

Rwandan President Paul Kagame has received visiting UNSG Special Representative and Chief Executive for Sustainable Energy for All, Dr. Kandeh Yumkella who was in the country to launch the Africa Decade of Sustainable Energy for All. Read More

StarTimes Group names President Kagame “Number One in ICT”

StarTimes Group has awarded President Paul Kagame for his visionary leadership and commitment towards meeting the objectives of Vision 2020.  Read More

Rwandan President wins World Telecommunication and Information Society Award

ITU has presented the World Telecommunication and Information Society Award to Rwandan President Paul Kagame, Ms Park Geun-hye, President of the Republic of Korea; and Mr Carlos Slim, Chairman of Grupo Carso and President of the Carlos Slim Foundation. Read More

Lesson from Samsung’s Smart Schools in Rwanda

African countries with inadequate electricity can bank on solar energy to take internet to rural schools, reports Semaj Itosno. Read More

Football legend calls on President Kagame

President Kagame, Tony Adams (L) and Airtel MD Teddy Bhullar Arsenal FC legend Tony Adams paid a courtesy call on President Paul Kagame at State House this week, as part of the one-week Airtel ‘Arsenal Soccer Clinic’ for U17 footballers. Read More

Kagame urges: Invest in Africa

Rwandan President Paul Kagame has urged global investors to move beyond misconceptions about Africa. Read More

Rwandan mobile penetration nears 65%

Rwanda’s mobile subscriber numbers now stand at 6.8 million – up from 6.59 million at the end of last year. Read More

PRESS OFFICES

Sage ERP AfricaSAP AfricaSage Pastel AccountingTrust PayVMWareSamsung ElectronicsMitsumi DistributionPhoenix DistributionSage HR AfricaMTN BusinessSchneider ElectricMultichoice

FEATURED STORY

Widening ICT skills gap: Cause for concernWidening ICT skills gap: Cause for concern

Nigeria's FDI gains could be eroded by the widening gap in indigenous skilled ICT manpower, writes Kokumo Goodie.

IN DEPTH

Kenya rolls out e-extension to improve agricultureKenya rolls out e-extension to improve agriculture

In a bid to curb the overwhelmed number of agricultural extension officers in Kenya, the ministry of agriculture is embracing technology with their introduction of E-Extension services, which are aimed at reaching out to over 7 million farmers annually.