President Paul Kagame has challenged African youth to adjust their mindsets on agriculture and increase involvement in the sector. Kagame was speaking yesterday during the Presidential panel at the African Green Revolution Forum.
Kagame said that to make agriculture more productive on the continent, among the necessary adjustments include a change of mindset among the youth in regards to agriculture to make it a career of choice. Read more. Source | New Times
Last week, a number of African leaders were meeting in Kigali, for the Africa Green Revolution Forumb (AGRF) and to discuss how to use agriculture as a way to transform African economies faster. This year the big question was: Will this forum be different from others or will it turn out to be just another talk show?
Yet there is always a frisson of excitement when leaders meet; a sense of opportunity hangs in the air that makes us want to believe that this could be the start of real change. Agricultural transformation by definition is all about change, but whether it is going to happen, particularly in Africa, rests in the hands of leaders who must paint the vision, and then make that vision reality. It is vital that agriculture is seen as an instrument to help leaders achieve their political ambitions and to drive economic goals. If not, agricultural-led economic transformation will remain a pipedream. Read more. Source | New Times
Regional coffee growers, exporters and sector policy makers are turning their focus to domestic consumption, a move they say is intended to cushion them against fluctuations on the international market, which sometimes adversely affects their incomes.
They were speaking Friday at the official launch of the 17th African Fine Coffee Conference and Exhibition (AFCC&E) in Kigali.The event is running under the theme, ‘Specialty Coffees at the Heart of Africa’, and it is focusing production and marketing of high quality coffee. Read more. Source | New Times
National Agriculture Export Board (NAEB) has projected tea export revenues to increase from $88M last year to $92m this year. Rwanda’s tea exports for 2017 increased by 15 per cent compared to 2016 and is further expected to do better owing to increased brand promotional activities. NAEB Tea Divison Manager Issa Nkurunziza said that Rwandan tea has been competitive on international markets. Read more. Source | New Times
Diego Dieudonné Twahirwa, a 30 year old Rwandan entrepreneur has been nominated for the Young Entrepreneur Awards at 2018 World Forum for Export Development 2018 (WEDF 2018).
The award is an initiative of the International Trade Centre (ITC) youth and trade programme, which aims at connecting young social entrepreneurs to markets. The programme also supports social entrepreneurship to help achieve the United Nations Sustainable Development Goals on quality education and inclusive and sustainable economic growth. Read more. Source | New Times
At the end of 2018, Rwanda expects to export 24,500 tons of coffee, up from the 23,000 tons last year. This was revealed on July 2, by Celestin Gatarayiha, head of coffee division at the National Agricultural Export Development Board (NAEB). According to Gatarayiha, the increase in coffee shipment is motivated by various strategies aimed at boosting both output and quality. Read more. Source | New Times
Before 2009, the once mighty Rwandex was exporting between 5,000 to 7,000 tonnes of ordinary coffee fetching between $9 million and $10 million annually. Fast forward, barely 10 years later, Rwanda Trading Company has not only relocated to a modern facility in the Special Economic Zone but the company has grown in numbers in terms of staff, revenues and consequently becoming the biggest exporter of Rwandan coffee to the United States, Europe and Asia among other global markets. Read more. Source | New Times
Rwanda’s tax incentives are probably too generous and risk being unsustainable in the long run, finance experts from the International Monetary Fund (IMF) said yesterday. According to the IMF, the tax-based incentives are important to attract investors, however, in the long run, such incentives become an obstacle to domestic resource mobilization efforts. Read more. Source | New Times
In the next 7 years, the nation of Rwanda is looking at creating over 1.5 million jobs in the country, facilitated by the private sector. The objective seems like a mountain to climb but the private sector is more than sure to make it work. The creation of jobs will steer the economic prowess and build a stellar empire in the business environment to compete in the regional and international market. Read more. Source | The Exchange
East African countries could lead the world in growth in consumption of tea during the next decade, even as they occupy top positions in exports of the commodity. Estimates by the Food and Agricultural Organisation show that Rwanda will lead in growth at nine per cent followed by Uganda at five per cent and Kenya at 4.4 per cent. Read more. Source | East African