Habesha signs an MOU with PSF

Nov - 08

Habesha signs an MOU with PSF

Business Partnership.… From left, Mr. Parastus Nepolo (Habesha Africa’s MD), PSF’s Chief Advocacy Officer, Mr Callixte Kanmugire and Habesha Africa’s Director Mr. Jean-Francois Gahutu, pose for a picture after signing the MOU at PSF office in Kigali, Rwanda

On Wednesday, 6 November 2019, Habesha Africa’s Directors met with the Rwanda’s Private Sector Federation (PSF) representatives in Kigali to sign a Memorandum of Understanding, enabling the two parties to stimulate and reinforce the trade and economic development between Namibia and Rwanda.

The MOU includes a number of key features that will help build collaboration and encourage cooperation between the two countries, on matters of economic transformation, promoting economic growth and opportunities for businesses in the technical sectors, education, food processing, construction, technology devices, tourism and hospitality; and encouraging open trade relationships between Namibia and Rwanda.

Speaking during the signing, Habesha Africa’s Managing Director, Mr. Parastus Nepolo said that they are determined to fill the market gap with what they can produce in Namibia and he remains very optimistic that with the support of the recently signed MOU, they can deliver more.

“I’m very pleased with this MOU, it means we’ll be working more closely together throughout that next phase and beyond. I have also realized that there are some products on the Rwandan market such as Air Conditioners and dry meat that are produced in Namibia, and I do think, we can extend products such as this to Rwanda” he said.

The MOU takes effect immediately and will be in place for an infinite period. It will be reviewed (at least) annually, and is expected to evolve as both parties progress in their work.

The signing of the MOU with PSF follows the Namibia Rwanda Trade Mission Delegation, which took place on the 28th to the 30th of October this year in Kigali.

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