Rwanda and Ghana’s Ashanti Kingdom sign MoU to boost trade and investment cooperation

His Royal Highness Oheneba Yaw Otchere, a prominent global entrepreneur and the Royal Ambassador to His Majesty Otumfuo Osei Tutu II, Asantehene (King of the Ashanti Kingdom), leads the Ashanti Kingdom Trust, which oversees the kingdom’s investments, business development projects, and diplomatic initiatives on behalf of the King.

During the visit, Prince Otchere, together with Ghana’s High Commissioner to Rwanda, Ernest Yaw Amporful, and the Ashanti delegation, engaged with several key Rwandan institutions, including the Rwanda Development Board (RDB), Rwanda Mining Board (RMB), Bank of Kigali, Kigali International Financial Center (KIFC), and the National Bank of Rwanda (BNR).

Prince Oheneba and his delegation also visited the Campaign Against the Genocide Museum, where they were inspired by the bravery of the Rwanda Patriotic Army and the nation’s remarkable post-genocide transformation, driven by the vision and transformational leadership of President Paul Kagame.

The delegation committed to continuing to advocate for investment and collaboration with Rwanda, noting that the country’s 30-year journey of resilience, reconciliation, and restoration is unmatched in Africa. Prince Oheneba described Rwanda’s success as an inspiring story that makes Ghana proud and sets an example for the continent.

Prince Oheneba also invited Rwandans to visit, invest, and collaborate with the Ashanti Kingdom and Ghana at large, promoting intra-African trade and exchange.

The visit culminated in the signing of a Memorandum of Understanding (MoU) between the Ashanti Kingdom Trust and RDB, outlining areas of common interest to guide collaboration.

The agreement aims to unlock business opportunities and explore private sector partnerships in mining, gold trading, and the construction of Africa’s Gold City in the Ashanti Kingdom, in collaboration with Rwandan-based companies and investors.

The two-day visit focused on exploring business opportunities in mineral trading, mining investments, and socio-economic development initiatives between Rwanda and the Ashanti Kingdom.

Both parties agreed to pursue a strategic long-term partnership to harness untapped resources in both countries and promote intra-African trade through innovative solutions, including AFREXIM Bank’s Pan-African Payment and Settlement System (PAPSS) for exchanged goods and services.

Prince Oheneba also highlighted the existing collaboration with their host, EPC Africa Group, guided by its vision of “Building a Prosperous and Self-Sustained African Community.”

Combined with the Ashanti Kingdom’s enduring legacy of unity, resilience, continuous innovation, and empowerment, this partnership aims to champion a new model of African cooperation and shared prosperity, rooted in self-reliance, mutual respect, and a collective drive toward continental transformation.

Before departing Rwanda, His Royal Highness and his delegation experienced the country’s remarkable progress in eco-tourism, visiting Nyandungu Eco Park and various key sites in Kigali.

The visit marks a significant step toward strengthening economic and cultural ties between Ghana and Rwanda, reflecting a shared vision for African-led partnerships and sustainable development.

The visit culminated in the signing of a Memorandum of Understanding (MoU) with the Rwanda Development Board (RDB) to strengthen trade and investment cooperation.
The visit culminated in the signing of a Memorandum of Understanding (MoU) with the Rwanda Development Board (RDB) to strengthen trade and investment cooperation.
The delegation also visited the National Bank of Rwanda (BNR).
The delegation engaged with various Rwandan institutions including the Kigali International Financial Center (KIFC).
His Royal Highness Oheneba Yaw Otchere with CEO of EPC Africa Group, the local partner.

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