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June 13, 2024
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Rwanda Business Alliance Launched In The Uk To Strengthen Economic Ties
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Rwanda Business Alliance Launched in the UK to Strengthen Economic Ties

The Rwanda Business Alliance was officially launched last week in the United Kingdom, with the goal of fostering closer ties between the Rwandan and UK business communities. The Rwanda High Commission in the UK issued a statement highlighting the alliance’s inaugural event, which took place at the Rwandan High Commission in London. The event aimed to connect investors with investment opportunities and facilitate connections between buyers and suppliers of goods and services.

According to the statement, the Rwanda Business Alliance operates under the umbrella of the British African Business Alliance, which seeks to foster connections between African businesses and professionals and UK investors interested in Africa.

During the launch, Johnston Busingye, the Rwandan High Commissioner to the UK, lauded the alliance and its leadership for establishing the first community-organized business forum focused on Rwanda in the UK. He pledged the High Commission’s support in promoting the alliance and facilitating lasting connections between the UK and Rwandan business communities.

Busingye encouraged investors to explore Rwanda, highlighting its conducive business environment, incentives for foreign investment, and its status as a hub for proof-of-concept initiatives.

Several participants who already conduct business in Rwanda shared positive experiences, emphasizing the ease of doing business, transparency, and access to services and support.

Network Director of the Rwanda Business Alliance, Michaelle Kubwimana, expressed enthusiasm for shaping the future of business and making a difference through collaboration. She emphasized that the networking event was just the beginning for the alliance.

Representatives from RwandAir, the national airline of Rwanda, were also present at the launch. They informed guests about the upcoming increase in flight frequency from four to six direct flights per week between London and Kigali, starting in November 2023. RwandAir representatives also discussed the potential for cargo transportation services.

The Rwanda Business Alliance primarily consists of Rwandan-owned businesses in the UK or businesses operating in Rwanda. Its main objective is to connect members with UK businesses interested in doing business in Africa or expanding their operations on the continent.

The alliance plans to organize a series of networking events to facilitate these connections, with the inaugural event held at Rwanda House, the Rwandan High Commission in London. The Rwanda Business Alliance aims to serve as a catalyst for increased trade and investment between Rwanda and the UK, fostering mutually beneficial partnerships and driving economic growth.

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