Insurance company to invest heavily in EAC

VILLAGE URUGWIRO - The Executive Vice President of Industry and General Insurance (IGI) Co Ltd from Nigeria, Remi Olowude, met with President Paul Kagame Thursday and said that his company is planning to invest US$200 million in the East African Community. Olowude said that the big proportion of the money will be invested in Rwanda because of the country’s attractive investment climate and the country’s wise leadership. He added that IGI would invest US$10 million in the construction of the mega convention centre.
IGI Executive Vice Chairman Remi Olowude being welcomed to Village Urugwiro by President Kagame. (Photo/ PPU)
IGI Executive Vice Chairman Remi Olowude being welcomed to Village Urugwiro by President Kagame. (Photo/ PPU)

VILLAGE URUGWIRO - The Executive Vice President of Industry and General Insurance (IGI) Co Ltd from Nigeria, Remi Olowude, met with President Paul Kagame Thursday and said that his company is planning to invest US$200 million in the East African Community.

Olowude said that the big proportion of the money will be invested in Rwanda because of the country’s attractive investment climate and the country’s wise leadership.

He added that IGI would invest US$10 million in the construction of the mega convention centre.

IGI is also eyeing to invest in the construction of Bugesera International Airport, the tea industry and waste management and recycling.

Ends

 

Have Your SayLeave a comment