Devdiscourse
Development News Edition
Give Feedback
VisionRI - Urban Development

Africa has a lot to offer, Paul Kagme pitches for more FDI in New York


Devdiscourse News Desk kigali Rwanda
Updated: 13-04-2019 16:28 IST
Africa has a lot to offer, Paul Kagme pitches for more FDI in New York

According to Paul Kagame, the African continent has also been rolling out several integration initiatives further improving the business conditions. Image Credit: YouTube / Paul Kagame

President of Rwanda, Paul Kagame has called for increased investment in Africa, while citing that countries on the African continent understand the significance of foreign direct investments (FDI) on their economies. Thus, they have been working to create a friendly environment.

Rwanda's Head of State, Paul Kagame was recently speaking in New York at NBA Board of Governors meeting that attracted NBA club owners and executives. He opined that Africa is open to business partnerships with the rest of the world and has since improved in openness and was moving as a bloc toward a free trade area.

"Africans are beginning to understand that there are certain things we have to get for ourselves as they seek partnerships with the rest of the world," Paul Kagame said.

According to him, the African continent has also been rolling out several integration initiatives further improving the business conditions. "Africa is open to doing business with the rest of the world, Africa has a lot to offer," he said.

"We are seeing increased openness, we have created a continental free trade area with 50 African countries signing up to that, with a number of them having already ratified the agreement," he cited. "We have brought Africa together and united it through regional integration. This is of interest to Africa but should be of interest to the United States and other partners as well," he further said.

Also Read: Rwanda has ability to protect itself, not in state of war outside borders: Paul Kagame

COUNTRY : Rwanda

POST A COMMENT