Editor,

RE: "Rwandan diaspora seek investment opportunities on the stock market” (The New Times, December 31).

It was very encouraging to read about the Rwandan diaspora’s interest in the Rwanda Stock Exchange. It is a fact that a vibrant stock market will boost the local economy substantially—and what better class of investors than the Rwandan diaspora?

Alice Kabagire Cyusa, who heads the Rwanda Diaspora Global Network (RDGN), would do very well to market the concept of making investments in the local stock market.

This will not only give the much needed boost to the economy, but will, for sure over a medium or a long tern horizon, give the diaspora a good return on their investments.

The Prime Minister of India has taken a similar approach of wooing the Indian diaspora across the globe and this initiative is already paying rich dividends.

I wish RDGN every success in this initiative which is bound to yield positive results.

Clarence Fernandes