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

Rwanda’s ICT private sector strengthens commercial ties with Israel

In an attempt to fast track growth of the sector and the capacity of the players in the ICT sector, every year the Rwanda’s ICT Chamber chooses priority countries to visit to strengthen business ties and to study the global best practices in business, innovation, workforce development and to ... Read More

Rwanda: new frequencies to be awarded in FM band

Rwanda Utilities Regulatory Authority (RURA) has announced that new frequencies are available in the FM band for new radio stations, or existing FM broadcasters wishing to expand their network. Read More

Rwanda, GSMA to increase broadband access

The Rwandan Ministry of Youth and ICT and the GSMA have announced an agreement to undertake a series of initiatives to increase citizens’ access to mobile broadband technologies across the country. Read More

ITU Secretary General commends Rwanda’s ICT advancement

The Secretary-General of the International Telecommunication Union (ITU) has commended the Rwandan Government for its efforts to promote the use ICT in speeding up the country’s economic transformation. Read More

ITU Secretary-General visits Rwanda

The newly-elected Secretary-General of International Telecommunication Union (ITU), Houlin Zhao, has arrived in Rwanda for a three-day visit. Read More

Rwanda, ICDL to advance digital literacy

A Memorandum of Understanding signed this week between the Government of Rwanda, through the Ministry of Youth and ICT, and ICDL aims to advance digital literacy in Rwanda.   Read More

Rwanda’s MYICT wins continental social media award

Rwanda’s Ministry of Youth and ICT (MYICT) has won the continental social media award in the category of Government/Public Sector in the annual Social Media Awards Africa (SMAA). Read More

Local internet hosting opportunities key to internet development in Africa

Local Internet hosting is key to the development of the Internet ecosystem in emerging countries, according to a report released today by the Internet Society. Read More

ICT adds 2% to Rwandan national GDP in 2014

ICT contributed 2% to Rwanda's national GDP in the first two quarters, which grew to 3% by the 3rd quarter 2014.  Read More

Tigo Rwanda launches 4G, TV streaming

Tigo Rwanda has officially launched its 4G internet service and iROKOtv video streaming partnership. Read More

PRESS OFFICES

Sage ERP AfricaSAP AfricaSage Pastel AccountingTrust PayVMWareSamsung ElectronicsMitsumi DistributionPhoenix DistributionMTN BusinessSchneider ElectricMultichoiceMicrosoft 4Afrika

FEATURED STORY

Malawi Govt denies clinging to ‘Cashgate’ softwareMalawi Govt denies clinging to ‘Cashgate’ software

The Malawi Government will not exclude the software brand that has been in use for the country’s Integrated Financial Management System (IFMIS), but it has rejected reports implying that it is ‘clinging’ to the old system.

IN DEPTH

Kenya’s digital TV battle hots up Kenya’s digital TV battle hots up

Kenya’s journey to Digital TV broadcasting took a new turn this week, when the Communication Authority of Kenya (CAK) accused three local media firms of intent to disrupt the process.

COMPANY NEWS

MTN demonstrates the benefits of its video on demand offering

MTN showcased the benefits of FrontRow when it streamed high bandwidth video content onto multiple mobile devices using its video on demand (VOD) offering.

VMware appoints Bask Iyer as chief information officer

VMware has announced the appointment of Bask Iyer to the role of senior vice president and chief information officer (CIO) of VMware.