The Rwandan Women Diaspora in Germany has reaffirmed its commitment to contributing to Rwanda’s economic progress and empowering women through various initiatives.
During their recent visit to the historical site of the Genocide perpetrated against the Tutsi on Tuesday, March 5, 2024, the association expressed their dedication to investing in their homeland.
These women are actively engaged in preserving and sharing testimonies and narratives from the genocide’s history. They emphasize the importance of passing down these stories to their children born in Germany, recognizing the profound impact they have in educating future generations about Rwanda’s past.
In addition to their educational efforts, the association is focused on bolstering investments in Rwanda, particularly in sectors like hospitality, tourism, and education. Over the past three years, they have supported women entrepreneurs in Rwanda with financial aid totaling 20 million Rwandan francs. This support has facilitated projects such as livestock supply in Nyaruguru and Nyabihu districts and the provision of sewing machines to women in Kicukiro District to enhance their businesses.
With around 200 members in the Rwandan diaspora in Germany, approximately 20 have returned to Rwanda this time with intentions to invest in various initiatives. The association plans to engage with Rwandan ministries, including the Ministry of Foreign Affairs and International Cooperation, the Ministry of Gender and Family Promotion, MINUBUMWE, as well as the National Unity and Reconciliation Commission, MIGEPROF, and other relevant stakeholders to further their objectives.
The Rwandan Women’s Association in Germany’s commitment underscores the potential for diaspora engagement in Rwanda’s development and highlights the importance of collaboration between Rwandans living abroad and those at home.
The National Bank of Rwanda’s (BNR) annual reports reveal a consistent increase in diaspora remittances over the years, the Rwandan diaspora reached a record high of $470 million in 2023 – exceeding foreign direct investment inflows, according to the Ministry of Finance and Economic Planning. The remittances rose from $65 million in 2010. The slight dip to $208.2 million in 2019/2020 was attributed to the Covid-19 pandemic’s impact on global employment and economies.
The Express News