News Industry

Rwanda, Azerbaijan Ink Five Cooperation Accords in Baku

Rwanda, Azerbaijan Ink Five Cooperation Accords in Baku
Monday, 22 September 2025 10:25

Rwanda and Azerbaijan signed five cooperation agreements during President Paul Kagame's visit to Baku.

The agreements cover air services, education, agriculture, public service provision, and trade.

The new pacts aim to deepen and expand bilateral relations despite historically low trade volumes.

Rwanda and Azerbaijan signed five cooperation agreements on September 20, 2025. This occurred during a three-day official visit by President Paul Kagame to Baku. These agreements focus on air services, education, agriculture, public service provision, and trade. Both nations intend to deepen and broaden their bilateral relations through these pacts.

" We want to undertake continued efforts and gain momentum in making sure that these cooperation efforts are productive for all of us  (...) We want to use this opportunity of cooperation and friendship between you and me and our two countries to move forward quickly in our achievements of prosperity," stated Kagame.

The Azerbaijani Ministry of Foreign Affairs indicated that diplomatic relations between Kigali and Baku were established in 2004.

In September 2023, both countries signed a Memorandum of Understanding on political consultations and a visa exemption agreement for service and diplomatic passports. They held their first political consultations in 2025, thereby strengthening their bilateral relations in trade, investment, science, education, and humanitarian aid.

Commercially, trade volumes remain relatively low and show a slowdown. According to data from the Observatory of Economic Complexity (OEC), Rwandan exports to Azerbaijan decreased by 39.6% between 2017 and 2023. Concurrently, Azerbaijani exports to Rwanda fell by 0.9% between 2017 and 2022.

Exchanged products include trunks and suitcases, rubber products, and oilseeds.

This article was initially published in French by Lydie Mobio

Adapted in English by Ange Jason Quenum

On the same topic
Gold production rose 10% year on year, reaching 1.21 mln ounces in 2025. Lafigué delivered its first full year of output, offsetting declines at other...
Galiano Gold will invest at least C$17mln in gold exploration in Ghana in 2026. The budget is up 70% year on year and targets reserve growth at the...
Nigeria lowered oil and gas signature bonuses to $3m–$7m from much higher past levels. The change applies to payments made before license awards...
Mozambique expects Rovuma LNG construction to start within 12-18 months Improved security enables restart of major northern gas...
Most Read
01

Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...

Global Firepower Index 2026: Egypt, Algeria, Nigeria Lead Africa's Military Rankings
02

Circular migration is based on structured, value-added mobility between countries of origin and host...

Circular migration as a lever to turn Africa’s student exodus into value
03

President Tinubu approved incentives limited to the Bonga South West oil project. The project tar...

Nigeria approves targeted incentives to speed up Shell’s Bonga South West project
04

CBE introduced CBE Connect in partnership with fintech StarPay. The platform enables cross-border...

Ethiopia’s CBE launches digital platform to channel diaspora remittances
05

Urban employment reached 53.7% in WAEMU in early 2025 Most jobs remain informal, low-paid, and in...

WAEMU employment tops 50% in 2025, but job quality remains weak
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.