Rwanda could soon join the Organisation for Economic Co-operation and Development (OECD), Richard Sezibera (photo), Rwandan new minister of foreign affairs indicated on Tuesday 20, November 2018.
According to the official’s statement relayed by Xinhua, Rwanda will officialize this ambition by submitting an official membership application by an undisclosed deadline. By joining the organization, the East-African country expects to attract more foreign investments.
Very optimistic as far as the approval is concerned, Richard Sezibera indicated that his country would be admitted relatively easily due notably to reforms initiated by the government and which allowed Rwanda to progress in World Bank’s rankings.
This official announcement is made months after The Jerusalem Post published the country’s ambition to commit two ex high-officials of the Hebrew nation to conduct actions and lobby on behalf of Rwanda for its adherence to the OECD.
OECD was created in 1961 to promote policies that improve socio-economic well-being around the world. With 36 member countries, there are no African member countries for the time being.
Moutiou Adjibi Nourou
Deposits grow 2.7%, supporting lending recovery Average loan sizes small, credit risk persists ...
Oil majors expand offshore exploration from Senegal to Angola Gulf of Guinea accounts for about 1...
Rwanda, partners break ground on $2 billion Kigali Innovation City Smart city targets ...
MTN is considering buying back telecom towers it sold years ago, signalling that control of infras...
Ziidi Trader enables NSE share trading via M-Pesa M-Pesa revenue rose 15.2% to 161.1 billio...
Prime Minister orders refinancing, recapitalization, and audit steps Finance Ministry tasked with urgent budget support for airline Carrier...
Production rose 25% year on year to 6 million ounces Artisanal mining delivered 3.1 million ounces, up sharply New royalty regime of up to 12%...
Agriculture Ministry hires consultant with Agri-Impact, Mastercard Foundation Plan aims to boost production, jobs, and investment by...
Isabelle Deschamps, who joined Rio Tinto in 2021, played a key role in the legal restructuring that accelerated development of the Simandou project. The...
had relaunched the International Festival of Saharan Cultures (FICSA) in Amdjarass after a seven-year hiatus. Niger participates as guest of honor,...
Porlahla Festival ends third edition in Kouto, promoting Senufo culture Event draws regional and international participants, boosting cultural...