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
Africa air freight volumes rise 7% in March 2026 Growth slows after strong January-February surge, key routes decelerate Global cargo declines amid...
Cameroon awards five oil blocks to Murphy Oil and Octavia Four of nine blocks unassigned, reflecting cautious investor interest Deals enter...
Lotus Resources announced on Wednesday, April 29, the successful completion of the first phase of a drilling program at its Letlhakane uranium project...
President Félix Tshisekedi ordered the launch, within 30 days, of an audit covering the entire mining revenue chain, from physical shipments to...
Most Read
01

Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...

Two Other African-focused Private Equity Firms to Snap Up assets shed by Global Majors
02

Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...

Tanzania Secures $2.33 Billion in Syndicated Financing for Standard Gauge Railway
03

Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...

Enko Capital Buys Burger King Côte d’Ivoire in Servair Restructuring
04

Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...

Libya Opens Dollar Sales to Ease Pressure on Dinar and Prices
05

From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...

Weekly Health Update | Vaccination Gains Advance in Africa; Antimalarial Resistance Threatens Progress
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.