Strengthening trade collaboration between Rwanda and Madagascar

The burgeoning economic ties between Rwanda and Madagascar have taken center stage as members of the private sector from both nations convene in Kigali to explore potential avenues for collaboration. The CEO of the Rwanda Development Board, Clare Akamanzi, emphasized the significance of enhancing South-South cooperation within the African continent for sustainable economic growth. Akamanzi lauded the recent visit of President Andry Rajoelina of Madagascar to Rwanda, underscoring the pivotal role of fostering business partnerships and supporting private sector growth in driving economic development. President Rajoelina echoed the sentiments of his Rwandan counterpart, President Paul Kagame, in championing the expansion of businesses and the private sector within their respective economies. The strategic alliance between the two nations holds immense promise, particularly in key sectors such as agriculture, mining, tourism, manufacturing, ICT, and logistics. The collaboration aims to leverage the unique strengths of each country to promote trade, investment, and shared prosperity across the region.