Monday, August 25, 2008

Rwanda launches $2m export fund for private investors

By David Kezio-Musoke, Monitor Correspondent

"Rwanda has launched a $2m export fund to help private companies that operate in Rwanda improve their competitiveness in domestic and export markets.

The Rwanda Competitiveness for Export Fund (RWACEF) launched recently by Rwanda’s Investment and Export Agency (RIEPA) will begin with a four-month pilot phase worth $300,000.

The RWACEF initiative comes just weeks after the government announced that it had collected $122m from exports in the first half of 2008 compared to $79m in the same period last year. The move is seen as a posture to enable Rwanda-based private companies to benefit from regional trade and firm up their competitiveness as the market becomes more fluid."

Complete article at "Rwanda launches $2m export fund for private investors"

For more details about the fund guide and application, go to "The Rwanda Competitiveness & Export Fund (RWACEF) Guide and Application Form"

Category: Rwanda + Investment + Export + Economy

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