Rwandans in Diaspora commit to invest in Iterambere Fund

Rwandans living in different parts of the world have committed to invest in Rwanda National Investment Trust Iterambere Fund (RNIT) by saving some amount of their incomes in the fund.

Monday, December 25, 2017

Rwandans living in different parts of the world have committed to invest in Rwanda National Investment Trust Iterambere Fund (RNIT) by saving some amount of their incomes in the fund.

They made the commitment last week during the discussions with Iterambere Fund’s officials at the Ministry of Foreign Affairs, Cooperation and East African Community offices in Kimihurura.

The discussion aimed at briefing Rwandans who live abroad about the vision of the country and how they can be engaged.

Addressing the participants, André Gashugi the RNIT Chief Executive Officer explained the function of the fund and how it was initiated to encourage people to save.

He reminded Diaspora people that wherever they stay, they should be connected to their motherland and contribute to its development efforts.

"Saving and investing resources in your country builds your dignity as well as of the country. Though you live abroad, your contribution to the development is crucial. Iterambere Fund is the best way to connect with the country. You can save money for your children in their parents’ home country,” he said.

He noted that the number of people who have invested so far from the Diaspora is low. Commitment

Catherine Muhimpundu from South Africa committed to support the fund, and would encourage her fellow Rwandans who stay in South Africa and other parts of the world to participate.

She said that she was satisfied with the function of the fund as a good initiative which can impact economic growth of the country.

Dr Eric Umuhoza from Italy appreciated the initiative, committed to save with it and act as its good ambassador in Italy.

"This creates a big connection between the country and its citizens. If someone knows that they have some properties in their country, this will keep them thinking of it while participating in its development,” Umuhoza added.

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