News

Rwanda: Revenues from cut flower exports doubled

  • Comments   -   Friday, 18 May 2018 - 17:43

(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

On October 18, 2018, Léon Juste Ibombo, Congo’s minister of posts and...
Read more |  19 October 2018
JSE - listed (Johannesburg Stock Exchange) IT company Altron and Huawei partnered to...
Read more |  19 October 2018
Bank of Kigali will issue new shares at CFA270 each, the bank...
Read more |  19 October 2018
Kenya plans to attract about 2.5 million tourist arrivals per year by...
Read more |  19 October 2018
Tunisia is being watched by the Eurobond market following its announcements that...
Read more |  19 October 2018
The African Development Bank’s efforts to channel critical investment funding to Africa’s...
Read more |  19 October 2018
Kenya plans to attract about 2.5 million tourist arrivals per year by...
Read more |  19 October 2018
Tunisia is being watched by the Eurobond market following its announcements that...
Read more |  19 October 2018
The African Development Bank’s efforts to channel critical investment funding to Africa’s...
Read more |  19 October 2018

Copyright Agence Ecofin © 2018. All Rights Reserved.