Category: Business

  • New technology to give international visibility to Rwanda bee products

    New technology to give international visibility to Rwanda bee products

    Rwandan apiculture practitioners (beekeepers) have been introduced to new technology that will enable them increase quality production, attract investors and access to markets.

    In a general assembly of Rwandan Cooperatives of Beekeepers (FERWACAPI), delegates have signed a memorandum of understanding with a company making technology programs ‘Medmasoft’, to market their activities, look for sponsors, markets, investors and other requirements for the progress of apiculture in Rwanda.

    The president of FERWACAPI Nzabonimpa Anselme has revealed that adopting technologies in marketing their honey is meant to solve challenges that usually hampered beekeepers. “We have signed the MoU with Medimasoft makers to enable bee keepers and honey harvesters to use new technologies explore opportunities on the global market instead of waiting for aid and handouts,” he said.

    “All people’s activities are evolving; we cannot leave beekeepers behind. They must use technologies at different levels of production including access to markets through their ‘B2B Cooperative.com’ website,” he added.

    Rutagengwa Hervé, the director of ‘Medmasoft’ said “People seek information regarding needed services on internet before buying. We have committed to collaborate with the association so that they can post on the website what equipments they need, stocks at hand, their production processes and procedures to ease international audits for quality and eventually attract interested investors.”

    Nsabimana Deus, a resident of Burera district commended the agreement saying it will boost markets unlike the past where activities were not recognized over the lack of appropriate tool to communicate their achievements, adding it will go a long way in accessing global markets.

    The MoU has been signed at a time when Rwanda is preparing to host the international beekeepers summit in September 2016.
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    theophile@igihe.rw

  • UN agency urges African countries to invest in mining sector

    UN agency urges African countries to invest in mining sector

    The United Nations Conference on Trade and Development (Unctad) wants African governments to create more direct and indirect jobs through extractive industries to drive prosperity.

    According to the United Nations agency, oil, gas and mining industries currently account for just one per cent of the continent’s workforce, which is not sufficient to promote economic growth and bolster social inclusion.

    The push for increased employment opportunities came up during an oil, gas and mining conference held in Khartoum, Sudan, organised by Unctad, which ended Thursday.

    It brought together experts and industry players as well as policy makers from around the world to explore potential for exploration and production of oil, gas and minerals in Africa.

    “The benefits that the extractive industries could bring to developing countries include revenues for host countries through production sharing agreements, royalties and income taxes. The development of the extractive industries could also generate wider economic benefits and promote inclusive growth and sustainable development,” said Unctad in a statement.

    The UN estimates that in Africa, only five million jobs are created for the over 12 million young people entering the labour force annually.

    Africa is home to eight per cent of the world’s oil and gas reserves.

    The United States Geological Society also ranks the continent second in its share of world’s reserves of various metals including industrial diamond, rutile, ilmenite and zirconium, among others.

    Given their capital intensive nature, extractive industries do not create many direct jobs.

    However, they offer opportunities for support industries such as catering, logistics and security, among others, which absorb a large pool of workers.7
    Dr Mukhisa Kituyi, head of the UN Conference on Trade and Development, pictured November 23, 2015.
    SOURCE:DAILY NATION:UN agency urges African countries to invest in mining sector

  • Businesses seek to cash in on Southern Province exhibition

    Businesses seek to cash in on Southern Province exhibition

    Entrepreneurs at an ongoing trade fair in Huye District have vowed to take advantage of the marketing opportunity presented by the expo.

    The exhibition, which opened on Monday, drew mostly businesses operating in the Southern Province.

    The event, at the Institute of the National Museums in Huye, will close on November 30.

    It was organised by the Private Sector Federation (PSF) in partnership with the district, provincial leadership and other partners, including Rwanda Development Board (RDB), Rwanda Public Private Dialogue, and Germany Development Corporation (GIZ).

    Etienne Ndayisenga, a worker at Dynapharm, a company retailing food supplements and fertilisers, said the exhibition is a perfect platform to market local products.

    “We sensitise farmers in the framework of increasing productivity. People know that we have organic fertilisers which are both productive and safe; and enhance their yields,” he said.

    Juvenal Senyana, from Musha Sector of Gisagara District, is exhibiting mats he makes from sacks and threads, trays from banana barks.

    He said he is talking to as many people as possible about their business.

    Jean Bosco Bigirimana, the PSF president in the Southern Province, said the exhibition would foster competition and winning exhibitors will be awarded.

    Exhibitors include industries, telecommunication and ICT companies, artists, livestock and crop farmers, and Technical and Vocational Education and Training (TVET) schools.

    Some of the exhibitors are from Kenya, Tanzania, and India.

    The trade fair attracted about 100 exhibitors.

    Antoine Manzi Rutayisire, the director of capacity building entrepreneurship are PSF, said exhibitions are one of the ways the federation finds both internal and external market.

    PSF organises annual international exhibitions but before the exhibition and identifies businesses in districts which can showcase at the national level.

    The idea of organising exhibitions at the district level started in 2001 with an aim to find ways to develop private sector activities.

    Jeanne Izabiriza, the Southern Province executive secretary, urged exhibitors to take advantage of exhibitions and learn from each other.

    A banana wine maker showcases his products as the Southern Province executive secretary Izabiriza (R) and Jean Bosco Bigirimana, the PSF president in the Southern Province (2nd R), visit his stand on Monday.
    SOURCE:The New Times:Businesses seek to cash in on Southern Province exhibition

  • Horticulture to fetch Rwanda $130 million

    Horticulture to fetch Rwanda $130 million

    National Agricultural Export Development Board (NAEB) says exports revenues from horticulture will fetch the country over $130 million USD in the next five years, up from $6 million earned from the sub-sector in 2014.

    Nsanzabaganwa Epimaque, the head of horticulture division at NAEB says efforts have been directed towards achieving the target. Te revelation is a preamble to the international horticulture forum which will take place in Kigali from 25th to 27th November, 2015.

    Over 300 vegetable and horticulture farmers with their partners from Burundi, Kenya, Uganda, Zambia, Democratic Republic of Congo, Netherlands and Rwanda will attend the forum. In a press briefing, Nsanzabaganwa explained that the meeting will discuss issues centered on boosting production and improvement of access to markets and containing post-harvest losses. An exhibition which will also be held at the Gikondo PSF ground in Kigali city.

    Nsanzabaganwa says horticulture has not yet been developed since there is lack of access to European markets, faced with investment challenges since it requires a large budget to start and difficulties in flight and delivery.
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  • Dutch Firms Explore Business In Rwanda’s Agriculture

    Dutch Firms Explore Business In Rwanda’s Agriculture

    A 21-member delegation from The Netherlands has held discussions with Rwanda’s minister of state for agriculture with the aim of exploring investment opportunities in the country’s agriculture sector.

    This morning, November 24, 2015, the delegation accompanied by the Dutch Ambassador to Rwanda, travelled to Rulindo district in northern Rwanda where they officially launched a Smart-Greenhouse owned by a Rwandan, Jean Claude Ruzibibiza.

    Ruzibibiza said, “Establishment of this Greenhouse cost $50,000 and The Netherlands helped with 50% of the cost”.

    Frederique de Man, the Dutch Ambassador to Rwanda said, “I’m impressed by the Rwanda agriculture sector transformation growth and the Netherlands is proud to partner with Rwanda in this journey”.

    The delegation comprises of representatives of 18 Dutch companies interested in exploring investment opportunities in Rwanda’s horticulture and livestock sub-sectors.

    Of these companies, 13 are exploring opportunities in Horticulture while 5 companies are focused on investing in Livestock.

    Some of the Dutch firms include; Koppert, Ruk Zwaan, Wageningen, Bosman Vanzaal, Hoodendoorn, Greenport Holland.

    Tony Nsanganira, the State Minister for Agriculture noted; “We are so grateful to have Dutch Trade mission on board in transforming agriculture Sector and appreciate and encourage the involvement of Private sector in taking the lead in driving this great initiative.”

    Investment opportunities under livestock include; breeding, fodder production, milk quality control and processing, animal feed factories, large meat and dairy processors, and poultry farms.

    Rwanda’s horticulture subsector offers investment opportunities in supply of ; irrigation equipment, greenhouses, processing equipment and seeds.

    Nsanganira said, “We have witnessed innovation driven work through the SMART HORTICULTURE initiative lead by the Dutch partners. The private sector should emulate them and be innovation driven”.

    The mission was meant to facilitate interaction between Rwanda and The Netherlands in order to promote trade relations and learn from each other.

    “We believe that it will turn into investment in Rwanda agriculture sector,” said a member of the Dutch delegation which arrived on Sunday and will be in the country until November 27.

    The government is focusing on building a private sector led economy.

    Agriculture sector contributes about 35% to the national GDP, and Rwanda sees it as an area with priority development, employing about 70% of the population in the country.

    The sector has been the driving force for about 45% of poverty reduction in the last decade. It employs about 70% of the population.

    Rwanda’s economy has been growing steadily at about 8% since 2001 with GDP per capita more than tripling from US$ 211 in 2001 to US$ 718 in 2014.

    According to the World Bank Ease of Doing Business Report, 2015, Rwanda ranks 3rd among the Sub-Saharan Africa Countries after Mauritius and South Africa and 46th globally, out of 189 economies included in the report.
    Tony Nsanganira, State Minister for Agriculture discusses with Dutch delegation inside a Greenhouse launched Tuesday in Rulindo district.
    Source:KT PRESS:Dutch Firms Explore Business In Rwanda’s Agriculture

  • BDF equips young entrepreneurs with business skills

    A total of 380 young entrepreneurs and 34 trainers in business development have been equipped with skills in starting, managing and developing businesses with a call on them to present well researched and polished business plans for access to credit from financial institutions.

    While passing out the trainees, the Permanent Secretary Ministry of Youth and ICT (MyICT), Rosemary Mbabazi also launched the ‘Start and Improve Your Business’ (SIYB) programme in Rwanda and advised trainees to commit to their businesses with passion, embrace networking, and continue with search for knowledge and good practices that will enhance their business performance.

    The SIYB programme is being implemented by the Business Development Fund (BDF), in partnership with the International Labor Organization (ILO), with an ultimate aim of improving viability of Small and Medium Enterprises (SMEs) through sound management principles suitable for the environment of developing countries.
    She also urged young entrepreneurs in general to be confident while running their businesses and avoid fearing to fail.

    “When starting a business, we don’t want to see it collapse. However, don’t fear to fail. Only passion, treading the right path and patience lead to success.”
    Innocent Bulindi, the CEO of BDF, appealed to the trainees to exploit skills acquired into shaping their own businesses and contribute to the attainment of national development aspirations especially EDPRS II, which, among others, targets at least 200 000 off- farm jobs every year.

    He also advised them to always come up with well thought out business plans that are bankable and can be implemented. “A number of SMEs fail to access BDF support because they present business plans which are not really well studied, some of which will have already been rejected by banks. I hope these trainings will be helping you to develop and improve your businesses and grow so that you can even employ more people.”

    The trainings have been conducted under three SIYB programmes including ‘Generate Your Business’ (GYB) provided to those who don’t have any idea about business but willing to do it, ‘Start Your Business’ (SYB) for potential entrepreneurs with a concrete business idea and, lastly, Improve Your Business (IYB) provided to those who already have businesses but need to improve the management processes for better performance of their business.

    The GYB, SYB and IYB programmes have been conducted for a duration of three, five and two days respectively.

    Trainees have expressed gratitude towards the gesture and committed to applying the knowledge acquired for betterment of their entities. “Before this training, I had too many business ideas that I failed to translate into business plans. But now, I am able to choose one which can be successful, the target customers and the right product they want. I leave this training with a business idea which I believe BDF will support immediately because I have carefully evaluated it, using the skills I got from the training,” said Emmanuel Vuningoma, a GYB trainee.
    Rose Mary Mbabazi (Middle), the Permanent Secretary at MYICT and BDF Chief Innocent Mulindi pose for a group photo with trainee graduates

  • Potatoes cooperative to invest Rwf6 billion value chain

    Potatoes cooperative to invest Rwf6 billion value chain

    The Ministry of Trade and Industry (MINICOM) in collaboration with the Ministry of Agriculture and Animal Resources (MINAGRI) and Private Sector Federation (PSF) has launched a new cooperative that brings together farmers and middlemen with an ultimate aim of improving the market chain of Irish potatoes.

    The Regional Potatoes Trade (RPT) will be operating from Igit cy’inyoni, a Kigali peripheral trading center, comprising of 446 members including former vendors of potatoes in Kigali City, cooperatives of Irish potatoes farmers as well as transporters.

    During the inauguration, the Minister of Trade and Industry, Francois Kanimba, said that the potatoes value chain is faced with challenges of price volatility which adversely affect production and farmers’ welfare in subsequent seasons.

    Kanimba advised RPT members to work closely with potato dealers in ensuring price stability and continuity of bumper harvests, expressing hope for better performance of the value chain. He called on security organs to provide security so as to block illicit trade that characterized activities in the locality.

    RPT have an investment portfolio Rwf6.3 billion to be spent on the construction of the market place as well as other structures and activities to improve their business.
    The Minister of State in charge of Agriculture at MINAGRI Tony Roberto Nsanganira noted that the collaboration of key players in the potatoes value chain will go a long way in reducing post-harvest losses and reduce perishable rates.

    Since November2014, the price paid to potato growers has gone up from Rwf70 to Rwf140 per kilogram while production rose from about one million tons in 2002 to more than two million tons in last two years. Irish is ranked as one of the major staple foods in Rwanda.
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  • Huye entrepreneurs tipped on CHAN opportunities

    Huye entrepreneurs tipped on CHAN opportunities

    Huye entrepreneurs have been advised to improve the delivery of services as this will guarantee accelerated growth in the district and national development in general.

    The advice was given by member of parliament Kayitare Innocent during the inauguration of ‘Galileo Stadium Hotel’, one of the hospitality facilities to provide services to the 2016 African Nations Championship (CHAN) visitors to be hosted by Kigali.

    Kayitare appreciated the high-gear preparations being carried out in the area as he visited Huye Stadium, one of football pitches to host the tournament.

    The Mayor of Huye district, Kayiranga Muzuka Eugène appealed to entrepreneurs to commit more resources and efforts towards the completion of accommodation and other facilities since the CHAN tournament is only two months away.

    Many tourists pass through Huye district to Nyungwe Forest National Park and Kibeho Holy Land in Nyaruguru district.
    Kayitare Innocent during the inauguration of ‘Galileo Stadium Hotel’

  • Rwanda’s local product ‘Akabanga’ gains international trademark

    Rwanda’s local product ‘Akabanga’ gains international trademark

    The widely acclaimed chili pepper product originally produced and packed in Rwanda has officially been given an international trademark certification on this Thursday12th November, 2015.

    With Rwandan products gaining rapid global recognition, the need for international trademark protection and registration has become even more urgent.

    Rwanda Development Board Registrar General Louise Kanyonga proclaimed that Akabanga, which is manufactured in Rwanda by Enterprise Urwibutso, had successfully obtained its global trademark registration.

    “This is a clear manifestation of the possibility that Rwanda products have to be registered as international brand names,” she explained noting that the first step the firm had taken was to secure its brand name in Rwanda.

    To secure its brand in Rwanda, Entreprise Urwibutso registered the Akabanga brand name in the Office of the Registrar General’s Intellectual Property Office, obtaining local protection.

    Sina Gerard, the entrepreneur behind the Akabanga brand said that being a fast growing company that exports agro products, it became necessary to protect the same brand in each respective country where the products are marketed.

    “We considered two options- to either use the national route and secure the brand separately in each country or use the Madrid System that is more efficient and inexpensive,” he explained adding that they chose the latter.

    The Madrid System uses the World Intellectual Property Organization (WIPO) Madrid Agreement, as a one-stop solution for registering and managing marks worldwide. In this System, an applicant files one application, in one language, and pays one set of fees to protect the trademark in the territories of 96 members of Madrid Union.

    This global registration though requires that the trademark must first have been registered with the home country of the producer.

    “The home registration or application is known as the basic mark. You then need to submit your international application through this same IP Office, which will certify and forward it to WIPO, based in Geneva,” Kanyonga explained.

    Once approved by WIPO, the trademark is recorded in the International Register and published in the WIPO Gazette of International Marks. WIPO will then send a certificate of the international registration and notifies the IP Offices in all the territories where the mark will be protected.

    Rwanda has a set of unique products that defies competition on global level, registering their brands for 15 countries among 96 Madrid Union Member States would definitely be the next step to sustainably insure availability of made in Rwanda products.
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  • Egypt army destroys dozens of Gaza tunnels

    The Egyptian army announced on Sunday that it destroyed 31 tunnels between the Sinai and the Gaza Strip in October.

    Egypt has announced that its army had destroyed 31 tunnels connecting the besieged Gaza Strip and Egypt last month, an army spokesman has said.

    In October, Egyptian forces “discovered and successfully destroyed 31 tunnels on the border line of Rafah city”, army spokesman Brigadier-General Mohamed Samir said in a statement on Sunday, referring to a city that straddles the Egypt-Gaza border.

    The Egyptian army’s announcement came the same day as a meeting between Sisi and Palestinian Authority President Mahmoud Abbas, a political rival of Hamas, in Cairo.

    President Abdel Fatah Sisi said that Egypt’s measures in the Gaza border area were intended to “secure the borders” and that the Rafah crossing could operate “normally” if the PA were to take control of it.

    Home to some 1.8 million Palestinians, Gaza has suffered a plummeting humanitarian situation due to an airtight blockade.

    Enforced by Israel and the Egypt, the blockade has been place since the Hamas political organisation took control of the Strip in 2007.

    For Palestinians in the besieged coastal enclave, smuggling tunnels provide access to food, medicine, building supplies and other necessities.

    Palestinians in Gaza are in desperate need of humanitarian and building supplies, as much of the area still lay in ruins after Israel’s 51-day war in the Strip last summer.

    That war killed more than 2,200 Palestinians and left an estimated 96,000 destroyed or damaged, according to United Nations’ estimates.

    Since Sisi came to power in Egypt after the 2013 ouster of democratically-elected Mohammed Morsi of the Muslim Brotherhood, Egypt has implemented increasingly harsh measures on the Gaza border.

    ‘Harm and suffering’

    Noting that Hamas is an affiliated of the Muslim Brotherhood, Mukhaimer Abu Saada, a political analyst and professor at Gaza’s al-Azhar University, said that Egypt “tried to demonise and outlaw the Muslim Brotherhood” and “weaken Hamas”.

    “The Egyptian policy is to corner Hamas and squeeze it for concessions,” he told Al Jazeera. “This policy won’t succeed; Israel has tried for more than eight years and it has failed.”

    Abu Saada said that the crackdown on Hamas “only hurts the 1.8 million-person civilian population in Gaza at the end of the day” by causing “immense harm and suffering”.

    A recent report published by the UN Conference on Trade and Development (UNCTD) found that 72 percent of Gaza families are still struggling with food insecurity, while unemployment is at a record high of 44 percent.

    Egyptian authorities regularly close Rafah, the crossing between Gaza and Egypt, and it has rarely been opened for normal crossing since Israel’s war in Gaza concluded in late August 2014.
    Egypt has put in place increasingly harsh measures targeting Palestinians in the Gaza Strip since 2013
    ALJAZEERA