La foire des Produits tanzaniens au Burundi

La foire des Produits tanzaniens au Burundi

Le gouvernement de la République Unie de Tanzanie, à travers son ambassade au Burundi vient d’organiser une foire dénommée « Tanzanian Products Exhibition ». Ladite foire a été officiellement ouverte ce Mercredi, 27 septembre 2017 par le 2ème Vice-Président de la République du Burundi S.E Dr. Joseph BUTORE et se clôturera le 1er octobre.

Les différents produits manufacturés en Tanzanie sont exposés aux stands érigés au terrain Tempête de Bujumbura.

Dans son mot d’accueil, l’honorable Freddy MBONIMPA, le maire de la ville de Bujumbura a dit que l’organisation de la foire Tanzanienne est un signe éloquent que la mairie de Bujumbura ainsi que tout le territoire national ‘bouge’ contrairement aux certains messages véhiculés par certains détracteurs du pays.

MV

Honorable Freddy MBONIMPA, le maire de la ville de Bujumbura

Dans son allocution d’ouverture solennelle de la toute première foire des produits tanzaniens au Burundi, S.E Dr. Joseph BUTORE a aussi dit que dans seulement deux mois, trois foires, dont une Kenyane viennent de s’organiser au Burundi successivement. Cela montre que les entrepreneurs Burundais et ceux des pays amis veulent améliorer le développement socio-économique.   Selon lui, la force d’un pays dépend de celle des commerçants.

Son Excellence Dr. Joseph BUTORE a dit que le Burundi est en paix.  Le Burundi est un pays qui a beaucoup d’opportunités des affaires.   Les lois régissant le commerce et /ou les investissements ont été adaptées, les routes sont construites et l’électricité est en train d’être augmentée. Il a donc supplié les participants dans cette foire d’aller devenir des « ambassadeurs » auprès des autres qui, à cause des rumeurs propagés contre le Burundi hésitent encore de venir dans ce pays.

VP2 Le 2ème Vice-Président de la République du Burundi S.E Dr. Joseph BUTORE

Les Burundais sont aussi invités d’aller exhiber les produits « made in Burundi » en Tanzanie dans la foire qui sera organisée à Dar- es- Salaam en dates du 28 juin au 13 juillet 2018.

Le Secrétaire Général de Tanzania Trade Development Authority, Edwin RUTAGERUKA a dit que beaucoup de produits dans les supermarchés de Bujumbura ont été fabriqués en Tanzanie. D’après lui, la Tanzanie et le Burundi sont des pays amis d’où les échanges commerciaux entre ces deux pays contribueront dans l’accroissement de l’économie.  Il a en outre dit que le Burundi est un pays paisible, un pays agréable dont son peuple a une hospitalité remarquable envers les étrangers.  Les mauvaises informations diffusées dans les médias étrangers ne sont que des « propagandes ».  

 Radjabu GAMAHA, l’ambassadeur de la République Unie de la Tanzanie au Burundi a rappelé que le 20 juillet 2017, le Chef de l’Etat Burundais S.E Pierre NKURUNZIZA a rencontré son homologue S.E John Pombe MAGUFULI à Ngara et que les deux chefs d’Etat ont souhaité le renforcement des relations bilatérales en général, les échanges commerciaux en particulier.  Il a été constaté que les 70 millions de dollars américains obtenus chaque année à travers le commerce transfrontalier entre le Burundi et la Tanzanie sont peu. Il faut donc augmenter ces recettes. Et c’est pourquoi le 30 septembre 2017, avant la clôture de cette foire des produits tanzaniens le 1er octobre, un Tanzania-Burundi business forum sera organisé dans une salle de la Détente.    Les entrepreneurs tanzaniens et Burundais vont dialoguer sur les opportunités des affaires dans les deux pays, les défis à lever et les solutions possibles. Il a invité tous les entrepreneurs d’y faire part.

 

The Burundi Investment Guide Book 2017

The Burundi Investment Guide Book 2017

The Government of Burundi through the Burundi Investments Promotion Authority (API) has produced an Investment Guide Book 2017. It gives an overall understanding of strategic priority sectors looking investment.

If one reads through lines of a such document he or she discovers that “the heart of Africa” offers many opportunities to both local and foreign investors. Burundi has a very young populace which means the country has a large pool of affordable labour in the entire region. Burundi is a hub of investments.

Also, with its strategic geographical location Burundi offers a huge market to investors’ products. Burundi has also enacted laws and established regulatory institutions in various sectors of the economy to help investors coming to invest.

Besides, it is easier to register a business in Burundi since at API there is a two-hour target whereby within two hours a company is created. Investors are also granted some incentives and much support to the extent their businesses prosper.

The Investment Guide 2017 contains detailed information on the various investment opportunities which have been identified as strategic priorities sectors such as agri-business, fisheries and aquaculture, tourism, transport, mining, banking, energy, etc.

Click on the picture to read

 

South Africa investors visit API, say they are impressed by Burundi fruits

South Africa investors visit API, say they are impressed by Burundi fruits

Joe Mjwara, Brenda Ngobeni and Tsholo Rebecca are South Africans wishing to invest in Burundi in fruits sector.

On Friday 22nd September, 2017, these investors visited the Burundi Investments Promotion Authority (API) in order to be briefed on the investments opportunities, the challenges and the incentives granted to the foreign investors. They said they have been visiting Cibitoke and Rumonge provinces where they got impressed by the big quantities of fruits they saw.  They namely that they saw many mangoes, banana, oranges, tangerines, pineapples and tomatoes and thus got interested in launching a juice plant in Burundi.

Jean Claude CIBIOGOYE, the head of exports promotion division at API and who was the Acting CEO of the API welcomed the visitors and gave them enough details on the existing investments opportunities in Burundi. He also told them there are some incentives granted to investors in accordance with the investments code. He said the investments code grants various incentives to investors dealing with the strategic priority sectors such as agri-business, hotel and tourism and renewable energy.

The South Africans investors

Concerning the agri-business sector, CIBOGOYE said in Burundi there is a very cheap labor and arable land. “The Imbo region is from the western northern to south of Burundi and fruits there are harvested in huge quantities. There is also an oil palm plantation… these are the raw material for your juice plant,” he said, adding the Lake Tanganyika and other numerous lakes are also a part of agri-business that can interest foreign investors in fishery and/or tourism. 

He rather advised investors to think of modernizing the agriculture so as to increase the produces. For example, during the sunny season they do not harvest since there is no irrigation system. If you come to invest in a such sector do think of giving capabilities to farmers.  

The Acting API Chief Executive Officer said that beekeeping, mining of gold, nickel and other minerals, packaging, tannery etc, are also sectors that can attract foreign investors. CIBOGOYE said that the government of Burundi has decided to develop and create wealth through trade, and that API is available to support investors so that their business flourishes. 

Jean Marie BUKWARE, the head of One Stop Shop dealing with enterprises creation at API told the potential investors that Burundi is a hub of investments in the region since it is a market of more than 10 million people. It is also neighboring with East part of the Democratic Republic of Congo which is also a huge market.

BUKWARE also said that Burundi is a strategic country to invest in because it is closer to Kigoma. “Taking into account that Burundi is a member of many regional and International organizations such as COMESA, EAC, World Trade Organization (WTO) to mention a few and that Burundi has adhered to the Free Trade Area agreement and that COMESA and SADC have also harmonized on the Free Trade Area agreement and also Burundi trades to European Union, you will get a huge market for your products manufactured in Burundi”, he said.

BUKWARE also reminded the visitors that in 2011 during the South Africa’s presidential State visit to Burundi some agreements protecting investments in both countries were signed. The South Africa nationals are therefore welcomed to invest in Burundi.

 

Kenyan and Burundian traders urged to work together

Kenyan and Burundian traders urged to work together

As a part of the ongoing Kenya Trade, Investment and Cultural Expo that is taking place at Tempete grounds in Bujumbura, on the 20th September 2017, a Kenya-Burundi business forum has been organized and took place in the Panoramique hotel. The forum saw the participation of Kenyan and Burundian traders and dignitaries from both countries. To mention a few, the Minister for finance of Burundi Domitien NDIHOKUBWAYO and his counterpart in charge of EAC affairs Ms. Isabelle NDAHAYO attended the forum.

 Panelists

Others were Jean-Claude CIBOGOYE, the acting CEO of the Burundi Investments Promotion Authority, the Permanent Secretary in the Ministry of Trade, Industry and Tourism, a representative of Burundi Revenue Authority (OBR), a representative of the Burundi Chamber of Commerce, the General Director of the National Office of Tourism, the representatives of Kenya’s Ports Authority and Kenya Revenue Authority, the representative of Kenya Burundi Business Association, the Ambassador of Kenya and others.

The forum’s aim was to analyze critically the challenges traders encounter while trading and the eventual solutions they can envisage to tackle such challenges. Through the discussion it was said that Kenya and Burundi have common interests. Both countries have much things to earn from bilateral relationship. They need to work together so as to find solutions to challenges hindering the trade. Kenyan were invited to come and invest in strategic priority sectors such as agri-business, hotel and tourism and energy. They were requested to bring factories in Burundi.

The ambassador of Kenya to Burundi Ken VITISIA repeatedly urged both Kenyan and Burundian traders to dialogue so that they establish a list of opportunities that can enhance the economy in both countries. “Burundi is the hub of the East African region’s investment; thus it can trade to Kenya and East DRC and therefore gets foreign currency that it needs”, the Kenya’s envoy said.

The ambassador of Kenya to Burundi , Amb.  Ken VITISIA

It was also highlighted that Burundi has got good natural fruits that it can sell to Kenya and western countries. “This country has many mangoes that are not exported and get rotten, pineapples of Bubanza, tangerines and palm oil of Rumonge, sweet potatoes, avocadoes and so on can be sold to Kenya. I wonder if Kenya Airways when it comes to Burundi with passengers it can return to Kenya with goods from Burundi.” He said.

It was also said that the proper inter-trade between the two countries was a prerequisite to the improvement of the regional integration. Through the bilateral commercial partnership between Kenya and Burundi, the foreign currency that nowadays is a headache would get a durable solution.Such kind of forum will enable both  Kenya and Burundi countries to earn wealth and create employments for the youths of both countries.

However, amongst hindrances, they notified the lack of foreign currency to buy raw materials, the changing of the regulatory laws, and the two-year visa Kenyans must pay for while investing in the country.

The minister for finance Domitien NDIHOKUBWAYO said he was optimistic the problem of lack of foreign currency will get solved. “Not only Burundi was lacking foreign currency, but the entire African continent. He urged the Burundi traders to produce and export more so that they get foreign currency they need to buy the raw material”. He also said that in order to start a business people do not have to rely on a huge capital. With a small capital, one can start a business. Traders can also exchange goods.

The minister of EAC affairs, Mrs. Isabelle NDAHAYO

The minister of EAC affairs Mrs. Isabelle NDAHAYO said that “there is no single country in the world pretends to spur its economic growth without trading with others. Kenya is the best importer of Burundi products worth of 7,9 million United States Dollars in the East Africa Community”. Moreover, it was said that Burundi has been a long-time business partner of the sister state of Kenya. The business climate is made easier by the Kiswahili language, which is used by the traders from Burundi and Kenya. There is no barrier of communication. The creation of a website containing information on the products existing in both countries and linkage meetings at a quarterly period were wishes by Burundi traders.

Mr. CIBOGOYE Jean Claude, the head of Exportations Promotion division at API

On behalf of CEO, CIBOGOYE Jean Claude, the head of exportations promotion division at API said that it is easy to create an enterprise in Burundi since Burundi Investments Promotion Authority a two-hour target that allows the creation of an enterprise within two hours. He added that Burundi is very committed and will do more in case of assisting Kenyan investors wishing to invest in Burundi.

The General Director of the Burundi Tourism National Office, Léonidas Habonimana said Burundi has identified 126 tourism sites, which are still non-developed. Kenyan investors wishing to invest in tourism sector are welcomed. They can for instance invest in Lake Tanganyika fishery sector, in the Source of Nile, in the hot waters of Muhweza and elsewhere.