Ghana and Rwanda have both signed a mutually beneficial agreement purported to boost trade and investment between the two countries. Prominent among the deal is the cocoa production agreement which will help in the further development of the sector.
Breaking the news on Saturday, June 19th 2021, Ariella Kageruka who is the current Head of Tourism and Conservation Department, Rwanda Development Board said “In order to facilitate easier access to Rwanda and Ghana markets, we recommend urgent establishment of an MoU between product registration and standard agencies of both countries.”
According to the agreement, Ghana on one hand has made a commitment to supply processed organic cocoa which comes in the form of cocoa nibs or cocoa Liquor. Additionally, the West African country aims to establish a chocolate processing plant in Rwanda.
Rwanda as a partner is expected to establish a formulation plant in Ghana for the production of organic pyrethrum-based pesticides. This will help farmers in areas such as crop protection, veterinary use and also the general country in terms of public health.
Apart from cocoa production which is the major aspect of the agreement, both countries will look at sectors such as creative art industry, travel and hospitality sector, education etc.
This is not the first time Rwanda and Ghana are engaging in profitable bilateral agreements. Both countries already have an already existing Ghana-Rwanda familiarization program which allows officials from both countries to visit each other for tourism or other development-oriented ventures.
Take for instance a period spanning from March 14th to 20th 2021, Ghanaian officials were hosted in Rwanda. On the other hand, a 32-member delegation of Rwandan officials were also on a business trip to Ghana from June 13 to 20, 2021.