Public Management

Rwanda: New Foreign affairs minister confirms the country’s ambition to join OECD to attract more foreign investments

Rwanda: New Foreign affairs minister confirms the country’s ambition to join OECD to attract more foreign investments
Wednesday, 21 November 2018 17:50

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

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Reforms aim to improve efficiency, attract investment, boost lending Move follows bank recapitalization and push to support real sector Nigeria’s...
Senegal banks’ holdings of government securities rise 123% in 2025 Treasury borrowing drives shift toward longer-term bond issuance Credit to private...
Kenya signs supplementary budget raising spending to 4.69 trillion shillings Funds target security, education, housing, agriculture, health...
Gabon considers agency to strengthen asset recovery efforts Proposal targets illicit financial flows, financial crime enforcement Plan...
Most Read
01

Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...

Flutterwave Secures Banking License in Nigeria, Joining Push by Fintechs Like Revolut, Wise
02

BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...

BCEAO Imposes June 30 Deadline to Complete Instant Payments Integration
03

EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...

EBID Charts Green Shift to Finance West Africa’s Growth
04

This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...

Weekly Health Update | Africa Faces Health Supply Risks; DRC Ends Mpox Emergency
05

West African Development Bank allocates $131.8 million to support cotton sectors in Burkina F...

BOAD Commits $131.8 Million to Cotton Sector in Burkina Faso and Mali
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.