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    Rwanda Started Trading Coffee online for the Global Market

    Posted On 03 Mar 2021
    By : New Africa Business News, Staff Correspondent
    Comments: 14

    By Richard Adorsu-

    Photo Credit: Facebook

    NEW AFRICA BUSINESS NEWS (NABN) Accra, Ghana- Customers in Singapore and across the world will now have easy access to some of Rwanda’s traditional products following a move by the country’s leading online supermarket, RedMart, to trade them online.

    The development was announced by Jean de Dieu Uwihanganye, Rwanda’s High Commissioner to Singapore on Monday, March 1.

    According to Amb. Uwihanganye, the traditional products including coffee will also debut on the National Trades Union Congress (NTUC) FairPrice, Singapore’s largest supermarket chain. The company has 100 supermarkets across the country.

    “Rwanda’s products are now on the most popular e-commerce platforms in Singapore and the largest supermarket chain. Coffee and Kawah are now on RedMart and Shopee SG. Kawah is also at FairPrice SG mall at Marina Parade.” Amb Uwihanganye said.

    “Rwanda’s products are now on the most popular e-commerce platforms in Singapore and the largest supermarket chain. Coffee and Kawah are now on RedMart and Shopee SG. Kawah is also at FairPrice SG mall at Marina Parade.” Amb Uwihanganye said on Twitter.

    Coffee and tea are among Rwanda’s leading foreign exchange revenue earners. The new development is will diversify the market for the country’s traditional exports and boost revenues.

    Data from the National Agricultural Export Development Board, (NAEB), indicates that in 2020, Rwanda generated $2,794,744 from coffee exports, fetching an average price of $3.4 per kilogramme.

    The total volume of coffee exports to Singapore stood at 825,143 Kilograms in the same period. We understands that the move follows a recent partnership between Rwanda and Singapore Business Federation (SBF), a deal that among others seeks to facilitate trade in the Association of Southeast Asian Nations (ASEAN) as well as globally.

    Under the partnership, various businesses are linked online to allow suppliers to connect with buyers as part of the efforts to establish the manufacturer-reseller partnership.

    As of January this year, more than 90 Rwandan firms had been introduced to the portal to allow them directly market their products and services to other investors across sectors.

    Rwanda and Singapore are currently cooperating in different aspects, most notably in aviation, investment, and public service management.

     

    For New Africa Business News Richard Adorsu Reports,  Africa Correspondent

    Facebook: newafricabusinessnews.com

    Email: Info@newafricabusinessnews.com

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

    About the Author
    New Africa Business News Staff Correspondent
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    14 Comments

    1. Patient March 3, 2021 at 3:56 am Reply

      Thank you, Journalist Richard for reporting on this. KIGALI, RWANDA. Patient

      • New Africa Business News, Staff Correspondent March 3, 2021 at 3:57 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    2. Robert March 3, 2021 at 4:00 am Reply

      Rwanda is heavily investing in E trade and is paying off. Robert in Kigali, Rwanda

      • New Africa Business News, Staff Correspondent March 3, 2021 at 4:01 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    3. Ebo March 3, 2021 at 4:07 am Reply

      Companies in our great Continent started selling online, another great news. Great opportunity for our businesses. This could be another game changer and could create millions of jobs. Thank you for the report. Ebo in Accra, Ghana

      • New Africa Business News, Staff Correspondent March 3, 2021 at 4:08 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    4. James March 3, 2021 at 4:10 am Reply

      Like to congratulate Richard for the Win. Lusaka in Zambia. James

      • New Africa Business News, Staff Correspondent March 3, 2021 at 4:11 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    5. Michelle March 3, 2021 at 4:12 am Reply

      Love the newsletters. Thank you. London, UK. Michelle

      • New Africa Business News, Staff Correspondent March 3, 2021 at 4:13 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    6. Paul March 3, 2021 at 4:16 am Reply

      Congratulations Richard for the win. Fan of new Africa news. Thank you. Paul, Kampala UGANDA

      • New Africa Business News, Staff Correspondent March 3, 2021 at 4:17 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    7. Barbara March 3, 2021 at 5:46 am Reply

      Great report. Love your newsletters. Barbara in Accra, Ghana

      • New Africa Business News, Staff Correspondent March 4, 2021 at 4:29 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

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