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Group of 44 Investors Jet in From Germany
2009-11-16 14:50:42.429 GMT


Kigali, Nov 16, 2009 (The New Times/All Africa Global
Media via COMTEX) -- A team of 44 investors from Germany
arrived in Rwanda last night on a study tour of the country's
growing investment opportunities.
Rwandan Ambassador to Germany, Christine Nkulikiyinka told
The Sunday Times that the team will be in the country to
explore investment opportunities and meet with top government
officials.
"The team will be led by Christian Angermayer and has on
it investors from Austria and Switzerland but coordinated in
Germany," said Nkulikiyinka
"Other members of the team include senior journalists from
Germany. The team is expected to hold several investment talks
with government officials including President Paul Kagame."
The investors will also meet with top officials of
international financial institutions like the World Bank to get
a clear understanding of the Rwandan investment climate.
The head of the delegation, Angermayer, is also a member
of President Kgame's Presidential Advisory Council (PAC).
He has attracted a number of German investors to Rwanda.
Recently, he created the African Development Corporation (ADC),
a German company that plans to invest some euro200million in
Rwanda's financial sector.
ADC is a subsidiary of Altira Group (AG), one of the
leading independent asset management companies in Germany.
German investors have made frequent visits to Rwanda in
the recent years to identify investment opportunities available
and have since expressed interest in areas of ICT, tourism,
infrastructure and banking.
by Edwin Musoni
 
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