Kagame receives German investors

URUGWIRO VILLAGE - President Paul Kagame yesterday received a delegation of German investors who are on a fact finding mission aimed at identifying investment opportunities in the country. The visit including a forty seven - man delegation of mainly business people and journalists, was organized by a member of the Presidential Advisory Council (PAC), Christian Angermayer, under the support of the Altira Group of which he is an executive board member.  

Wednesday, November 18, 2009
President Paul Kagame with a group of investors led by German investor Christian Angermayer, yesterday at Urugwiro Village. (Photo -Urugwiro Village)

URUGWIRO VILLAGE - President Paul Kagame yesterday received a delegation of German investors who are on a fact finding mission aimed at identifying investment opportunities in the country.

The visit including a forty seven - man delegation of mainly business people and journalists, was organized by a member of the Presidential Advisory Council (PAC), Christian Angermayer, under the support of the Altira Group of which he is an executive board member.

"They have come to get an impression of Rwanda. When I tell people about opportunities Rwanda and Africa offers, they may not understand unless they come here,”

Angermayer told reporters shortly after their meeting.
The PAC member added that the delegation targets doing business in Rwanda in different fields which include infrastructure development and banking.

"We are also looking at Information Communication Technology (ICT).  We also have one chocolate producer with us here, so we are quite diversified,” Angermayer said
Thomas Heilman, a Berlin based investor from the Commarco Group, indentified agriculture and Information Communication Technology as fields where he could invest in.

"We had a very fruitful discussion with the President. I’m even more optimistic now because of Rwanda’s tremendous development,” he told the press.

Commerce and Industry minister Monique Nsanzabaganwa said that the group, which is in the country for the first time, was pleased with the progress Rwanda has registered in a short time after the 1994 Genocide against the Tutsis.

"They have identified where they would like to invest. They have shown that they want a lasting relationship and partnership with Rwanda,” she said.

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