By Frank Kanyesigye
International business leaders and policymakers today converge in Kigali to engage in frank and open debates on East Africa’s economic prospects.
President Paul Kagame
The international Economists summit organised by Economist Conferences, part of The Economist Group is expected to be opened by President Paul Kagame.
Notable among other expected dignitaries include Mizengo Pinda, Tanzania’s Prime Minister.
Speaking to The New Times yesterday, Clare Akamanzi, Acting Chief Executive Officer of Rwanda Development Board, said the high level forum will be an opportunity to discuss the potential investment opportunities in East Africa as well as showcase Rwanda’s business opportunities.
“Rwanda being one of the fastest growing economies in the region, it was chosen to host the Economist’s conference,” she pointed out.
According to the National Institute of Statistics of Rwanda (NISR), the economy expanded by 9.9 per cent from April to June 2012, compared to 6.1 per cent the same period last year.
The summit held under the theme, “Infrastructure and growth: government and business in dialogue” will also discuss other topical issues, including removing trade barriers; youth and employment; and opportunities in ICT, technology, mining, transport and agriculture.
Also to be highlighted are the future trading prospects for East Africa in a globalised economy, including examining markets which will perform strongest in coming years, the most compelling opportunities for investors, and the practical steps governments should take to ensure the region maximises its economic potential.