{{President Paul Kagame has again noted that aid from foreign countries isn\u2019t enough to satisfy the well being of citizens in developing countries saying Instead there should be promotion of investment and trade if sustainable development is to be achieved.}}<\/p>\n
\u201cNo matter how big aid is, it can\u2019t be enough to fulfill all plans the government has in regard to ensuring welfare of its citizens,\u201d the president noted in a commonwealth business summit held in Perth city Australia. <\/p>\n
Kagame was joined on the panel by two heads of states including Mozambique\u2019s Armando Guebuza and Namibia\u2019s Hifikepunye Pohamba and Canada\u2019s Prime Minister Stephen Harper was also at panel. <\/p>\n
He noted that promotion of trade should also go hand in hand with innovation since the same concept has worked well in developed countries. \u201cIf this is accomplished it would benefit 1.2 Billion people living in Africa.\u201d<\/p>\n
\u201cI often encourage my fellow African politicians to promote investments in their respective countries as a way to grow their economies,\u201d he remarked.<\/p>\n
Dr. Mohan Kaul who has chaired the commonwealth\u2019s business chamber for 14 years, and his term nearing completion, hailed the fact there\u2019s US$100 billion to be invested in countries under the commonwealth.<\/p>\n
In this respect, the Rwanda Development Board (RDB) had a stand at the event\u2019s premises which is meant to explain to its visitors some of the investment opportunities in the country.<\/p>\n
According to Rwanda\u2019s minister of foreign affairs Louise Mushikiwabo, among the reasons why Rwanda decided to join commonwealth is to enjoy trade relations among the member states as a way of promoting the country\u2019s economy.<\/p>\n
The Commonwealth Business Council prepares this forum after every two years before the heads of state meeting, the aim is to review and enhance tried ties among member countries.<\/p>\n","protected":false},"excerpt":{"rendered":"
{{President Paul Kagame has again noted that aid from foreign countries isn\u2019t enough to satisfy the well being of citizens in developing countries saying Instead there should be promotion of investment and trade if sustainable development is to be achieved.}} \u201cNo matter how big aid is, it can\u2019t be enough to fulfill all plans the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[75],"byline":[158],"hashtag":[],"class_list":["post-1050","post","type-post","status-publish","format-standard","hentry","category-news","tag-homenews","byline-b_igi_adm1n"],"bylines":[{"id":158,"name":"b_igi_adm1n","slug":"b_igi_adm1n","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":1}],"contributors":[{"id":158,"name":"b_igi_adm1n","slug":"b_igi_adm1n","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":1}],"featured_image":null,"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/1050","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=1050"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/1050\/revisions"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=1050"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=1050"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=1050"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=1050"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=1050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}