{"id":40382,"date":"2019-11-20T12:54:21","date_gmt":"2019-11-20T12:54:21","guid":{"rendered":"https:\/\/new.igihe.com\/kagame-invites-germany-investors-to-rwanda\/"},"modified":"2019-11-25T11:23:21","modified_gmt":"2019-11-25T11:23:21","slug":"kagame-invites-germany-investors-to-rwanda","status":"publish","type":"post","link":"https:\/\/new.igihe.com\/english\/kagame-invites-germany-investors-to-rwanda\/","title":{"rendered":"Kagame invites Germany investors to Rwanda"},"content":{"rendered":"<p>President Kagame made the invitation as he addressed members that participated in the \u2018G20 Compact with Africa\u2019 Investment Summit held in Berlin, Germany yesterday.<br \/>\nKagame cited Rwanda\u2019s partnership with Germany companies like Volkswagen (VW), Siemens and SAP, saying that it \u201cdemonstrates the competitiveness of our economies and the reforms that have been happening in the ease of doing business.&#8221;<\/p>\n<p>\u201cThis really showcases how Africa is ripe for business and investment, and how far we can go,\u201d he added<\/p>\n<p>Commending the Germany Chancellor Angela Merkel\u2019s leadership in prioritizing investment from the German business community, Kagame said that this was delivering the practicalities of what Africa wants to see from Germany, Europe, and the G20.<\/p>\n<p>Thomas Schaefer, the Chairman and the Managing Director of Volkswagen South Africa told business executives to present especially those from Germany that the continent was particularly ready for investments in the automotive industry where his group is already invested.<\/p>\n<p>He pointed out that the continent was faced by challenges of dumping of used cars and extraordinary importation of fuel, saying businesses could tap into that to address challenges.<\/p>\n<p>G20 Compact with Africa is an initiative launched in 2017 to promote private investments in Africa and currently, 12 African countries \u2013 including Rwanda have joined it.<\/p>\n<p>Besides Rwanda, other African countries that are part of the partnership are Benin, Burkina Faso, C\u00f4te d\u2019Ivoire, Egypt, Ethiopia, Ghana, Guinea, Morocco, Senegal, Togo, and Tunisia.<\/p>\n<figure class=\"spip-document spip-document-33502 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/inv1-c2d45.jpg\" alt=\"President Paul Kagame has encouraged G20 Compact with Africa Investment Summit participants to bring their investment in Rwanda and in the African continent\" \/><\/figure>\n<figure class=\"spip-document spip-document-33503 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/inv2-4735c.jpg\" alt=\"President Kagame addressed members that participated in the \u2018G20 Compact with Africa\u2019 Investment Summit held in Berlin\" \/><\/figure>\n<figure class=\"spip-document spip-document-33504 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/inv3-66014.jpg\" alt=\"L-R:German Chancellor, Angela Merkel, President Kagame, and the Ivory coast President, Alassane Dramane Ouattara\" \/><\/figure>\n<figure class=\"spip-document spip-document-33505 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/inv4-2c674.jpg\" alt=\"\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>President Paul Kagame has encouraged G20 Compact with Africa Investment Summit participants to bring their investment in Rwanda and in the African continent in general because the environment is ripe and conducive for the same.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[75],"byline":[170],"hashtag":[],"class_list":["post-40382","post","type-post","status-publish","format-standard","hentry","category-news","tag-homenews","byline-igihe"],"bylines":[{"id":170,"name":"IGIHE","slug":"igihe","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":8}],"contributors":[{"id":170,"name":"IGIHE","slug":"igihe","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":8}],"featured_image":null,"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/40382","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\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=40382"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/40382\/revisions"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=40382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=40382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=40382"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=40382"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=40382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}