An insightful week came to an end in Kigali as we visited various government and development organizations. The first meeting of the CAP was set up at National Bank of Rwanda (Equivalent to Federal Reserve of US), where Mr. Claver Gatete, (Governor) spoke in detail about the economic and financial policies of Rwanda – Much to the delight of Prof. Click and his students J . We were humbled by the gesture of Mr. Governor and his team who made special efforts to address our concerns related to our projects. It was perfect setup as we got to know detailed perspective about Rwanda’s economic vision from the apex financial institution.
Later in the day we visited newly established Rwanda Stock Exchange. Though only a few stocks were traded, it was interesting to know a brewery stock (co-owned by Heineken) continues to provide 100 % dividend to its shareholders. An in-depth discussion with the Managing Director helped us understand the complexities of share market and efforts made by the Rwanda Government to establish a promising stock exchange.
Our visit to Clinton Foundation underlined the constructive role of US and its development organizations have played in Rwanda’s development. The sustainable model to promote farming of soy for oil production was really impressive. Clinton foundation elaborated on the measures it is taking to improve oil productivity in Rwanda with the establishment of a major soy oil factory. Clinton Foundation’s office was located at a very picturesque location as you can see in the picture below and we spend some time posing in front of cameras before heading for our next visit.
As we were immersed in completing their project work in this penultimate week of CAP, it was interesting to discover local hangouts and restaurants. Whereas the in house restaurant at our hotel served some great delicacies, the Italian restaurant Sole Luna topped the charts for its lip smacking pizzas and other Italian cuisines.
Amidst the busy schedule, Dan Lieberman and I went to a local Dairy to do some research for our CAP project. The 20 minute motor cycle taxi (yes you heard it right) ride was truly unique as we drove to the countryside. Though considered little unsafe, Motos are by far the most affordable and easy mode of public transportation in Rwanda.
With project assignments on track, the Rwanda CAP team was looking for an exciting weekend ahead with visits to Gashora village and Akagera National Park lined up.