27 November 2012

Africa: Rwanda Joins Other African Countries to Celebrate the Africa Industrialization Day 2012 Under the Theme 'Accelerating Industrialization for Boosting Intra-Africa Trade'

Rwanda joins other African countries to celebrate the Africa Industrialization Day 2012 under the theme "Accelerating Industrialization for Boosting Intra-Africa Trade".

The Ministry of Trade and Industry (MINICOM) in collaboration with its stakeholders today organised a one day awareness workshop on industrialization and Africa-intra trade which at Bakhresa Grain Mills (Azam), located in Kigali Special Economic Zone phase.

Giving his remarks, the Minister of Trade and Industry, Francois Kanimba enumerated constraints faced by African economic operators such as access to finance, poor quality of business environment, lack of suitable technology and innovations.

"Despite the aforementioned constraints and as we are celebrating the industrialization day, we also need to applaud our joint efforts in Rwanda which are producing encouraging results compared to the targets of Rwanda Vision 2020: In 2001, Industry contributed 13% to GDP while in 2011; the contribution of the same to GDP has increased up to 16%, targeting to reach 20% in 2020." he said.

Rwanda has successfully implemented conducive business reforms which made Rwanda the 3rd easiest place to do business in Africa and 2nd five year top global reformer in 2012.

In line with this Year's theme, the focus will be on both Industrialization and Africa-intra trade with emphasis on the following: recent achievements; challenges; prospects for the future and their linkage.

The industrialization Day is a good opportunity for African countries to revisit and refine industrialization process in their respective countries. It is also an occasion to attract worldwide media attention to success stories, issues and challenges of industrialization in Africa and Rwanda specifically.

November 20th was declared to be Africa Industrialization Day, during the 25th General Session of the Government of the Organization of African Unity and Assembly of Heads of State which was held in Addis Ababa, Ethiopia, in July, 1989. On December 22th, 1989, the UN General Assembly also proclaimed this date to be Africa Industrialization Day. However, this day was first observed on November 20, 1990.

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