President Kagame is in London for the UK-Africa Investment Summit


President Kagame is in London for the UK-Africa Investment Summit

Yanditswe January, 19 2020 at 23:09 PM

President Paul Kagame is in London, United Kingdom where he joins other African leaders for the UK-Africa Investment Summit hosted by UK Prime Minister Boris Johnson. 

According to a statement from Presidency, President Kagame is expected to attend the Summit opening and to participate in the Trade and Investment Session alongside Presidents Peter Mutharika of Malawi and Alpha Condé of Guinea, as well as the UK Secretary for International Trade, Liz Truss. 

"During the Summit, Rwanda and the World Bank will launch a 3-year, fixed-rate, RWF-denominated bond worth US$40 million at the London Stock Exchange," Presidency said in a statement. 

Companies operating in Rwanda attending the Summit include Bank of Kigali, Urwibutso, Mara Phones, Rwanda Finance Ltd (KIFC), Ampersand, Cogebanque, Africa Improved Foods, and Water Access Rwanda.

UK is the second-largest foreign investor in Rwanda with $448 million invested in the last four years.

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