Rwanda and the DRC’s Trade Agreement

In a previous post, I highlighted the African Continental Free-Trade Agreement (AfCFTA) that’s set to increase intra-trade on the continent by 6% by 2034, create an economic bloc of $3.4 trillion, and lift 30 million Africans out of extreme poverty. And a recent trade deal between the Democratic Republic of Congo (DRC) and Rwanda gives hope to that agreement.

According to Africa News, business representatives from the DRC’s Private Sector attended Rwanda’s National Trade Fair. This event gave the two countries a chance to sell new products amongst each other and sign a trade agreement with Rwanda’s Private Sector Federation, boosting businesses for both countries. The DRC plans on joining the East African region to boost exports to other countries in that area, and Rwanda plans on doing the same in the Congo.

DRC businesswoman Brigette Gisuba stated the following:

“We are here to showcase Congolese products, our food, our activities, what we manufacture in Congo, we are here in Congo to sell, to sell and to look for a market, it workout in this expo, in all we are very happy.”

This is what I call good politics.

Salute to Rwanda and the Democratic Republic of Congo.

Until Next Time…

(Sources)

Photo Credit: KT Press

Iriza, D. (2021, December 21). Rwanda, DRC organize trade fair, seek to boost trade coorperation. Africa News. Retrieved December 26, 2021, from https://www.africanews.com/2021/12/20/rwanda-drc-organize-trade-fair-seek-to-boost-trade-coorperation/ 

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