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Agriculture

Rwanda: Revenues from cut flower exports doubled

Friday, 18 May 2018 19:43

(Ecofin Agency) - In Rwanda, cut flower exports generated $2.8 million between July 2017 and March 2018, more than double the value recorded the same period a year earlier.

According to the Rwandan National Agricultural Export Development Board, (NAEB), which revealed these figures, the flower industry could better perform by the end of the year thanks to new development.   These include a project led by Bloom Hills Rwanda jointly with a Japanese company aimed at exporting by next month, gentian flowers towards Europe at 500-700 Rwandan francs ($0, 58-0, 81) per stem.

Let’s note that this project, currently being developed over 4 hectares in the Gsabo district, provides jobs for 50 people and aims to export 430, 000 flower stems to the Netherlands by 2020.

Espoir Olodo

 
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ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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