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Rwanda, Saudi Arabia explore stronger business ties

By IGIHE
On 13 February 2025 at 10:11

A delegation of over 30 Saudi investors, led by the Federation of Saudi Chambers of Commerce (FSC) President Hassan Alhwaizy, arrived in Rwanda to explore investment opportunities and strengthen economic cooperation.

Their visit is widely seen as a significant step in fostering trade and investment between the two nations.

The delegation engaged with key stakeholders, including the Private Sector Federation (PSF) and the Rwanda Development Board (RDB), to discuss potential investments in agriculture, real estate, urban development, and trade. Rwanda’s business-friendly environment and strategic position in East Africa were highlighted as major attractions for investors.

During their visit, a cooperation agreement was signed between PSF and FSC, establishing the Saudi-Rwanda Chamber of Commerce to facilitate economic partnerships. PSF Chairperson Jeanne-Françoise Mubiligi emphasized that this initiative would boost trade, investment, and cultural cooperation between the two nations.

President Paul Kagame received the delegation on February 13, reaffirming Rwanda’s commitment to strengthening economic ties with Saudi Arabia. This courtesy call underscored the growing trade relationship between the two countries and reinforced investor confidence.

The Saudi delegation’s visit is part of a broader investment mission across Africa, including stops in Kenya and Tanzania. Business forums in these countries aim to foster trade engagements between Saudi investors, private sector players, and government representatives.

President Paul Kagame received the delegation on February 13.

Rwanda and Saudi Arabia already enjoy strong diplomatic and economic relations, with agreements in healthcare, education, energy, and infrastructure. In October 2025, Rwanda’s Football Federation endorsed Saudi Arabia’s bid for the 2034 FIFA World Cup, reflecting their expanding cooperation beyond business.

As Saudi Arabia increases its trade footprint in Africa, Rwanda emerges as a key partner, offering vast opportunities in technology, finance, tourism, and manufacturing.

The visit confirms strengthen ties in economic collaboration, positioning Rwanda as a strategic investment hub in the region.

The delegation engaged with key stakeholders, including the Private Sector Federation (PSF) and the Rwanda Development Board (RDB).
The Saudi delegation’s visit is part of a broader investment mission across Africa.

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