Entrepreneurs set to capitalize on Opportunities from PHCCIMA-Rwanda Trade Meeting 


The Port Harcourt Chamber of Commerce, Industry, Mines and Agriculture (PHCCIMA) is set to host a profound roundtable business meeting between Rivers State stakeholders in the business community and their counterparts in Rwanda in order to investigate opportunities in the trading sector of both countries.

This comes as part of bilateral efforts to enhance business opportunities between Nigeria and the Republic of Rwanda.

High Commissioner of the Republic of Rwanda to Nigeria, Stanislas Kamanzi, who on his bilateral visit to the corporate office of PHCCIMA on Monday, made the proposal, said that his visit was to discuss profitable business partnership and opportunities between stakeholders of both countries.

The Rwandan envoy boasted that his country ranks No 2 in African countries on the ease of doing business, adding that within six hours after registration of business, the business qualifies to commence operation.

He added that the government of Rwanda has made it seamless for any investor to have a large business operation regardless of a visa into the country rather than with an international passport.

He further noted other business opportunities available in Rwanda included agriculture, ICT, tourism, real estate, commerce, and construction, among others.

Kamanzi stated that Rwanda offers a seven-year tax break to manufacturing companies and other investors who make investments worth at least $500,000 in Nigerian currency.

The President of PHCCIMA, Sir Mike Elechi, had earlier informed the Rwandan emvoy that Port Harcourt had a number of commercial prospects available to investors.

He noted that the envoy’s visit to the chamber fell in line with their two power-to-power summits, which he said were timely and headed in the right direction. He also noted that as the state’s leaders in the organized private sector, they are welcoming of sincere partners who can help business activities flourish.

In her vote of thanks, the first Deputy President of PHCCIMA, Dr Chinyere Woga, commended the Rwandan envoy for the proposed business meeting in Rwanda, which she described, as a welcome development and as another opportunity for members.


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