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    BREAKING NEWS
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    Rwanda to host first-ever Concordia Africa Summit

    Posted On 27 Jan 2020
    By : New Africa Business News, Staff Correspondent
    Comment: 0

    By Abdul Rahman Suagibu –

    Rwanda Convention Center, Kigali
    Photo Credit: Unsplash

    NEW AFRICA BUSINESS NEWS, Freetown, Sierra Leone- RWANDA, Convention Bureau, summit will bring together about 500 delegates globally to bespeak diverse issues facing the continent in order to proffer solutions.

    Concordia is a nonprofit and nonpartisan organization founded in 2011 to behallow and speedily heighten, uplifting and sustaining cross-sector partnerships for social impact.

    However, in 2016 the organization started regional summits starting with America and Europe continents. It is in 2018 that Concordia Africa was formally launched at the annual summit in New York. The occasion was attended by key African leaders, including President Paul Kagame and President Nana Akufo-Addo of Ghana.

    The summit would bring together Concordia’s global community and network to engage with real participants from across the continent, ranging from entrepreneurs and public sector leaders to innovators and civil society groups. Olivier Nduhungirehe – the Minister of State in charge of the East African Community, tweeted on Tuesday, January 21.

    The tweet followed a visit by Matthew Swift, Co-Founder, Chairman, and CEO of Concordia and his team to the Ministry of Foreign Affairs and International Cooperation on the same day.

    On the agenda of Concordia Summit, among others, include awarding outstanding global leaders from different sectors.

    Informing the media, Frank Murangwa – the Director of Destination Marketing at RCB, stated that, the win tandem with the country’s target to become a conference destination.

    “This summit is international, meaning that it will bring together delegates from all around the world,” he noted, adding that: “As a host country, we are happy for this. It is also fulfilling our objective of bringing international conferences to Rwanda.”

    In 2014, Rwanda developed the Meetings, Incentives, Conferences, and Events (MICE) strategy that seeks to make the country a top tourism and conference hub. In the fiscal year 2019/2020, RCB targets $88 million from conference tourism.

    Among other major expected events this year include the Commonwealth Heads of Government Meeting (CHOGM 2020) that will bring together over 10,000 delegates in June.

     

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    A twin Currency Trade Finance Line of Credit of $50 Million and €50 Million has been validated by the Board of Directors of the African Development Bank Group and the ECOWAS Bank for Investment and Development

    $100 Billion in Investment is needle for the Modernization and Harmonization of Regulatory Framework to boost Africa's established Broadband Coverage by 2030

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    • A twin Currency Trade Finance Line of Credit of $50 Million and €50 Million has been validated by the Board of Directors of the African Development Bank Group and the ECOWAS Bank for Investment and Development
    • $100 Billion in Investment is needle for the Modernization and Harmonization of Regulatory Framework to boost Africa’s established Broadband Coverage by 2030
    • Nigeria Launches National Domestic Payments Card Program
    • In Guinea-Bissau, ECOWAS Parliament held a 3 Day Seminar on the Adoption of a Single Currency for Member African States
    • $30 Billion has been pledged by the African Development Bank and Development Partners to Finance Food and Farming in the Next Five Years

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