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Agriculture

Rwanda: Horticulture export revenues soared by 75% in 2017

Monday, 19 February 2018 17:36

(Ecofin Agency) - In Rwanda, export revenue from horticultural products stood at $21 million in 2017, up by 75% compared to the previous year. This strong performance confirms the increasing momentum initiated by the subsector some years ago.

“From being almost non-existent five years ago, the sector is now a strong contributor to Rwanda’s exports” said Bill Kayonga, managing director of National Agricultural Exports Board (NAEB).

For the record, the country expects to generate $140 million from horticulture by 2020. Currently, the sector accounts for 3% of national GDP and 10% of agricultural GDP and the main items are carrots, roses, cabbage, tomato, onion, eggplant, banana, and avocado.

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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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