• Home
  • Radio
  • TV
  • Advertisement
  • Disclaimer
  • Public Notice
    • Opinion
  • New Africa Business News
  • Contact
  • Log In
facebook
    • News
    • Business
    • Video
    • Entertainment
    • Sport
    • Jobs
    • Government
    • Immigrants
    • Investment
    • Gallery
      • Animal
      • Africa Map
    • NGO
    BREAKING NEWS
    Ghana to Invest into Yam Production
    Africa Cloud Ecosystem Project: Phase one Launched
    Reserve Bank of Zimbabwe has Initiated Gold Coins to be Sold to the Public in a bid to Repress Uncontrolled Inflation
    Dangote Industries Completes Issuance of $452 Million Bond
    Over $1 billion Approved by the African Development Bank to Fast Track Food Production Plan
    Travel and Tourism Industry in Nigeria to Grow Exponentially Over the Next Decade, Report
    Foundation Improves Agricultural Productivity in West African Sub-Region
    Angola to Expand Oil Refinery Capability
    …Wheat Costs Rise Ivory Coast visions Cassava for its Bread
    Ghana generates US$3.3 Billion From Non-Traditional Exports in 2021, Report

    Rwanda, Produced Cargo Flight to Expedite Agriculture Exports

    Posted On 08 Oct 2019
    By : New Africa Business News, Staff Correspondent
    Comment: 0

    By Abdul Rahman Suagibu –

    Photo Credit: Pexels

    NEW AFRICA BUSINESS NEWS, Freetown, Sierra Leone- Rwanda, it is certain that, by UK-based Magma Aviation, which specializes in air freights worldwide, the National Export Development Board (NAEB) will administer the new cargo service.

    “We are glad to announce that we launched new B747 wide-body freighter operations with @MagmaCargo. The new aviation weekly services will facilitate agri-exports direct route (from Kigali International Airport to Liege Airport in Belgium),” NAEB said in a tweet.

    As stated by NAEB, the cargo plane will work every Friday, carrying 25 metric tones. Emmanuel Harelimana- the Chief Finance Officer of Garden Fresh, a local company that exports fresh vegetables like green beans, sugar snaps and broccoli, believes the new cargo service will bring consistency.

    “Previously, we have had issues of not having enough air space on Rwanda Air. Our products would sometimes be offloaded and occasionally get notified that they won’t be lifted. This is a problem,” he said. “If you sign a contract with a buyer out there to deliver products three times a week, if you don’t deliver, they will be disappointed. It will distract your market and the reputation of the country. The new service will bring consistency.”

    Though Harelimana doesn’t convince the new service will cost less money, Rwanda exporters are trying to work hard as possible with the high cost of transport to meet the people’s expectations which is thus, long-term discussions between exporters and the government.

    Horticultural products are dominated by Rwanda’s exports (vegetables, flowers and fruits), which are purposely shipped to European markets. In 2019, 95.54% Rwanda’s flowers exports went to the Netherlands. In this regard, many challenges seriously affect the transport of fresh produce. The new cargo will change the narrative and could aid to lessen the country’s high trade deficit.

    Rwanda’s exports rose by 7.5% to $577.8 million in the early 2019, driven by good performance of non-traditional exports and exporters, according to the National Bank of Rwanda. On the other hand, the Bank said in its quarterly report that, imports grew by 18.2% increasing the trade deficit of $767.9 million in the first six months of 2019 up from $601.4 million in the same period in 2018.

    www.newafricabusinessnews.com
    Africa’s Most Read and Fastest Growing Global Newspaper. Forward to All www.newafricabusinessnews.com  

    For New Africa Business News Abdul Rahman Suagibu Reports,  Africa Correspondent

    Facebook: newafricabusinessnews.com

    Email: Info@newafricabusinessnews.com

     

    AFRICA’S MOST READ AND FASTEST GROWING GLOBAL NEWSPAPER – www.newafricabusinessnews.com

     

    NEW AFRICA BUSINESS NEWS
    COMING SOON ADVERTISING OPPORTUNITY WITH AFRICA’S FASTEST GROWING GLOBAL ONLINE NEWSPAPER. THANK TO COMPANIES THAT WANT TO ADVERTISE.   INFO@NEWAFRICABUSINESSNEWS.COM.

    About the Author
    New Africa Business News Staff Correspondent
    • google-share
    Previous Story

    Total Ghana, Wins Petroleum Company of the Year

    Next Story

    Acting Treasury Cabinet Secretary Highlight Ways to Boost Kenya-Ethiopia Trade

    Leave a Reply Cancel reply

    *
    *

    Members Area

    • Members Log In

    RECENT

    POPULAR

    COMMENTS

    Ghana to Invest into Yam Production

    Posted On 05 Aug 2022

    Africa Cloud Ecosystem Project: Phase one Launched

    Posted On 02 Aug 2022

    Reserve Bank of Zimbabwe has Initiated Gold Coins to be Sold to the Public in a bid to Repress Uncontrolled Inflation

    Posted On 28 Jul 2022

    New Africa Business News, Person of the Year 2021-2022, Goes to African Women

    Posted On 29 Jan 2022

    New Africa Business News Award Medalist of Excellence as Africa's President of the Year 2020-2021 meets the Heads of his Ancestors on March 17th, 2021 Samia Suluhu Hassan divulged

    Posted On 20 Mar 2021

    New Africa Business News, Person of the Year 2020-2021, Goes to Dr. Arikana Chihombori Quao

    Posted On 01 Jan 2021

    Thanks for reading, Africa’s fastest...

    Posted On 27 Apr 2022

    Thanks for reading, Africa’s fastest...

    Posted On 27 Apr 2022

    Thanks for reading, Africa’s fastest...

    Posted On 27 Apr 2022

    Facebook

    Latest Posts

    Ghana to Invest into Yam Production

    Africa Cloud Ecosystem Project: Phase one Launched

    Reserve Bank of Zimbabwe has Initiated Gold Coins to be Sold to the Public in a bid to Repress Uncontrolled Inflation

    Recent Posts

    • Ghana to Invest into Yam Production
    • Africa Cloud Ecosystem Project: Phase one Launched
    • Reserve Bank of Zimbabwe has Initiated Gold Coins to be Sold to the Public in a bid to Repress Uncontrolled Inflation
    • Dangote Industries Completes Issuance of $452 Million Bond
    • Over $1 billion Approved by the African Development Bank to Fast Track Food Production Plan

    Categories

    • Business
    • Education
    • Entertainment
    • Featured
    • Government
    • Immigrants
    • Investment
    • News
    • NGO
    • Obituary
    • Opinion
    • Public Notice
    • Sport
    • Video

    Tag Cloud

    african economy business africa

    Contact Form

    1. Name *
      * Please enter your name
    2. Email *
      * Please enter a valid email address
    3. Message *
      * Please enter message
    Copyright 2019 New Africa Business News, Inc. A Global International Company, Inc. All Rights Reserved.