Rwanda Seeks Increased Private Investments in Agriculture

12 December 2018

Rwanda is looking for more private investments in agriculture to promote agribusiness and agro-industry sectors, Rwandan agriculture Minister Gerardine Mukeshimana said Tuesday in the capital city Kigali.

Scaling up private investments in agribusiness and agro-industry sectors will lead to employment creation and an increase in agriculture export revenues, Mukeshimana said at a national agriculture and agribusiness stakeholders' forum.

Rwanda has a lot of opportunities in agribusiness while the country is lacking in private investments to tap into its potential, she said.

Successful agriculture transformation in Rwanda will be achieved through strong partnerships between the public and the private sector, she added.

In 2017, Rwanda's agriculture sector contributed 31 per cent to the GDP and generated $356.5 million from agriculture exports, according to the minister.

The one-day meeting, organised by Ministry of Agriculture and Animal Resources and the World Bank Group, is aimed at discussing ways to promote commercialisation of agriculture through increased private investment.

Xinhua

See What Everyone is Watching

More From: New Times

Don't Miss

AllAfrica publishes around 600 reports a day from more than 150 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.