The agreement was sealed at the conclusion of a two-day visit by Chery’s Chairperson, Xu Hui, and his delegation on Saturday, April 12. They were received by RDB CEO Jean-Guy Afrika, who signed the MoU on behalf of Rwanda.

The partnership aims to accelerate Rwanda’s transition to a green economy and boost strategic sectors aligned with the country’s development agenda.

Chery Automobile Co. Ltd, founded in 1997 and headquartered in Wuhu, Anhui, China, is one of China’s leading automakers, known for its focus on independent innovation and global expansion.

Chery has been China’s number one passenger vehicle exporter for 22 consecutive years, maintaining the top spot in 2024. In 2023, it ranked first in export volume among Chinese automakers, surpassing SAIC Motor.

With a revenue of $39.09 billion, the group ranked 385th on the 2024 Fortune Global 500 list, which ranks the top 500 corporations worldwide by revenue.

RDB Chief Executive Officer, Jean-Guy Afrika, and Chery Holding Group Chairperson, Xu Hui sign the agreement in Kigali on Saturday, April 12, 2025.

Chery Holding Group Chairperson, Xu Hui, during the signing of the Memorandum of Understanding.

RDB Chief Executive Officer, Jean-Guy Afrika, during the signing of the Memorandum of Understanding.

The agreement was sealed at the conclusion of a two-day visit by Chery’s Chairperson, Xu Hui, and his delegation on Saturday, April 12.