UK-Rwanda Business Forum

DelAgua was pleased to participate in the inaugural UK – Rwanda Business Forum that brought together senior British and Rwandan policymakers and business leaders to boost trade and investment between the two countries. The Forum focused on 6 priority sectors: manufacturing, agriculture, financial and professional services, the green economy, infrastructure, and critical minerals. 

Since its inception in 2012, DelAgua has enjoyed a favorable business environment in Rwanda and as a result, good relations with the Government of Rwanda through the Ministry of Environment and other Government agencies that support the implementation of our ‘Tubeho Neza’ clean cook stove programme. 

Notably, Rwanda is one of only two African countries with a formalized green taxonomy supporting environmental & socio-economic projects, the 1st African country to implement its Carbon Market framework and the country has set an ambitious target to reduce GHG emissions by 38% by 2030. 

Speaking on a panel discussing ‘Taking Forward Green Economy Investment Opportunities in Rwanda’, our Group COO Euan McDougall started by thanking the Government for its willingness to engage and resolve issues as they arise. He added, “One thing we have taken seriously at DelAgua over the past year is building a team of Rwandan staff to manage our carbon operations, making sure that Rwandans have the skillset to participate in the green economy as it continues to grow. We look forward to many more years of working in Rwanda and utilizing the benefits that the carbon market framework brings.” 

DelAgua’s Tubeho Neza programme has so far distributed 1.5 million high quality improved cook stoves across Rwanda and created employment for more than 200 Rwandans and 7,000 Community Health Workers over the years. 

The Rwandan Government has led the way in leveraging carbon finance to benefit their communities and address climate change at scale. In December 2023, DelAgua announced the signing of Letters of Authorization (LoA) with Rwanda Environment Management Authority (REMA), the Designated National Authority for the Government of Rwanda; another demonstration of Rwanda’s partnership with private sector players like DelAgua. 

Teddy Mugabo, the CEO of Rwanda Green Fund who also participated in the panel discussions said Rwanda has provided an enabling ecosystem through favorable policies, green financing options like the Ireme Invest and implementation of the Green Growth Climate Resilience Strategy. All this is aimed at attracting more investment to boost the green economy in Rwanda. 

We commend the British High Commission in Kigali, the Rwanda Development Board and all partners for organizing a successful and productive forum, uniting business communities in Rwanda and UK. We look forward to continued partnership and collaboration to transform more livelihoods.