Rwanda: Revenues from cut flower exports doubled
(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.