Rwanda’s exports have risen to US $ 305m estimated at over 43% that were generated from tea, minerals and pyrethrum, and also the rates on the international market as well.
According to the Minister of Trade and Industry Francois Kanimba the economy also grew by 7-8%, and Investments increasing by 22% as compared to the past years.
In the Joint Sector review meeting held at the Ministry’s offices, the minister recommended the achievements reached upon by the Private Sector clusters as one of the contributors to the Rwanda’s economic growth.
“The assessment today has been great to our economy and the total values have increased steadily,” Kanimba pointed out.
He said that private Sector Cluster has progressed to 85% towards the development since July this year.
The minister also pointed out that National Export Strategy (2011-15) was approved by the Cabinet in April and intended to prioritise high growth, export oriented sectors, and to provide cross cutting strategies that benefit all.
The report that were presented from RDB among other achievements had over 50 local exporters trained by the board on the exports, 1224 people in SME’s accessed business development services and Business Development Centers were set in all districts and staffed with 3 staff members per each.
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