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Rwanda and Guinea Sign Agreement to Boost Investment Cooperation

by Editor
14 May 2025
in Business, Economy
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Rwanda and Guinea on May 14,2025, signed a new agreement aimed at strengthening investment ties and promoting business opportunities between the two nations. The agreement was signed by Jean-Guy K. Afrika, CEO of the Rwanda Development Board (RDB), and Oliano Diana Kouyate, CEO of Guinea’s private investment promotion agency.

RDB announced the agreement on its X (formerly Twitter) platform on Wednesday, emphasizing its goal to foster greater investment and business collaboration between Rwanda and Guinea.

“The agreement is designed to enhance investment cooperation and ease business opportunities for both countries,” the statement read.

The signing took place in Côte d’Ivoire during the 2025 Africa CEO Forum, where both leaders participated. Rwanda and Guinea share long-standing diplomatic relations, with cooperation spanning multiple sectors.

In October 2024, the two nations signed 12 agreements covering areas such as tourism, agriculture, energy, export promotion, security, mining, and industrial zone development, among others.

Both countries have a history of diplomatic engagement, with Rwanda’s President Paul Kagame receiving Guinea’s highest honor, the Grand Croix, in 2016 for his exemplary leadership.

In recent years, the two leaders have met several times to discuss strategies for further strengthening bilateral cooperation. These discussions have focused on initiatives aimed at improving the livelihoods of citizens in both countries.

In 2023, Guinea Conakry opened its embassy in Rwanda, appointing Souleymane Savane as its first ambassador to Rwanda.

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