Africa-Press – Rwanda. Rwanda’s recent success in horticulture exports, generating a commendable $46 million in just eight months, is a testament to the immense potential of our agricultural sector. This windfall comes on the heels of the UK’s welcome decision to waive customs duties on Rwandan flowers, further opening doors to lucrative international markets.
The government deserves credit for its initial investments in agriculture and leveraging on the country’s robust foreign policy to open new frontiers for Rwandan commodities, especially agricultural produce.
However, these efforts are merely a seed sown in fertile ground. To cultivate a truly bountiful harvest, we need a substantial increase in capital, and that will require more than government investment. This is where private sector involvement becomes crucial.
Our current agricultural practices, while commendable, can be significantly enhanced by embracing technologically-driven farming methods. Precision agriculture, for instance, allows us to optimise yields on smaller plots of land. By adopting such techniques, we can maximise our output and solidify Rwanda’s position as a major agricultural exporter.
Commercial banks also have a role to play. Recognising the burgeoning potential of agriculture, they should introduce financial products specifically tailored to the sector’s needs. This could include loan facilities with flexible repayment structures and interest rates that are conducive to agricultural investment.
Investing in agriculture is not just about bolstering exports; it is about creating jobs, ensuring food security, and building a more resilient economy. By working together – government, private sector, and financial institutions – we can transform Rwanda’s agricultural sector into a true national powerhouse.
It also calls for more participation of the younger generation to infuse the much-needed innovation to maximise output on our limited land. The good news is that we do not have to reinvent the will; there are practices that have worked elsewhere.
The time to act is now, and the rewards will be plentiful. Let us cultivate a brighter future, one fruitful harvest at a time.
Source: The New Times
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