Rwandan Govt Woos Nigerian Investors, Pledges Security of Investments

Gideon Arinze in Enugu

The Rwandan Government has urged Nigerian investors to take advantage of the abundant opportunities and conducive business environment to invest in the East African country.

The country’s Ambassador designate to Nigeria, Christophe Bazivamo stated this yesterday during an interactive session with key stakeholders of the Enugu Chamber of Commerce, Industry, Mines and Agriculture (ECCIMA).

In his address, Bazivamo said that the ease of doing business in Rwanda is so guaranteed that the Rwandan government has a free-visa policy for all Africans travelling to Rwanda.

“This is to ensure free movement of Africans into Rwanda,” he said, adding that when it comes to doing business, the country ranks second in Africa, an expression of how much the government is open to business opportunities,”.

He noted that the objective of the interaction was to tell the Rwandan story to the business community in the southeast and indeed, Nigeria to attract them to do business and forge a stronger partnership between Rwanda and Nigeria.

Also speaking during the session, the Principal Partner of FIT Consult Group, a real estate development company, Loretta Aniagolu, said that the Rwandan government had set as a target building 30,000 houses every year in Rwanda to carter for the people’s shelter.

Aniagolu outlined the ease of doing business, hitch-free registration processes, consistency in government policies, stable currency, affordability of borrowing from banks and security are some of the factors that stand Rwanda out among other countries.

“As a business person, you can easily project and predict your business in Rwanda,” she said. “In Nigeria, there can be a change of policy and commission and it makes it dangerous and uncomfortable for business,”.