The opportunities were showcased during discussions on investment, trade partnerships and cooperation between both countries held in Kigali.
Investors will take advantage of these opportunities through Rwanda Development Board (RDB) and Slovak Investment and Trade Development Agency (SARIO).
Under this partnership, both countries will establish a joint committee to create avenues for cooperation in the areas of energy and agriculture among others.
During the meeting, Rwanda took Slovakian investors through best practices to facilitate investment where new businesses can begin operations after six hours of company registration.
Slovakian investors were also told that Rwanda is becoming an investment hub in Africa where business people’s security is guaranteed.
On another note, Slovakia also presented opportunities available for Rwandans where investing in the country will give them access to a wider marker of the European Union (EU) bloc to which the country belongs.
Rwanda’s exports to Slovakia include coffee, tea and art pieces among others.
Diane Sayinzoga, the Head of Special Economic Zones and Export Facilitation Department at RDB has said discussions on available opportunities between both countries are promising to yield good results.
"Rwanda also has what to offer to them, especially, high-value crops such as coffee and tea. We have a potential market for those products in Slovakia,” she noted.
Daniel Ondrus, heading the delegation from Slovakia revealed that the country decided to bring 18 business people to Rwanda to explore areas of investment after witnessing showcased opportunities at the recent Dubai expo.
He expressed optimism that the discussions will be fruitful and pave the way for collaboration between both countries.
Rwanda and Slovakia are also making preparations to sign trade cooperation agreements expected to facilitate investment on both sides.