Memorandum of Understanding (MoU) Signed between Rwanda and Zimbabwe to boost mining sector.
Rwanda and Zimbabwe has sign an MoU that will aim to spur business and private sector involvement. This MoU will help the mining sector in promoting and creating more opportunities for citizens in both nations. The mining deal will bring both nations to work together in training, exchange resources management experiences as well as share expert employment in the mining sector.
CEO of Rwanda Mines, Petroleum and Gas Board, Francis Gatare describe the deal as an example of Africa implementation for the mining sector. This will be through cooperation in resources management.
Gatare also said both nation can achieve their mining goals if they have sufficient private sector investment and participation. Meanwhile, Rwanda’s nascent mining industry has been influence by tin, tantalum, and tungsten.
Zimbabwe’s minister for mines and mining development, Winston Chitando said the deal will allow Zimbabwe to tap best practices from Rwanda’s small scale mining sector as well as strengthening economic cooperation between the two nations.
The deal is from the African Union vision in 2009. This vision is for a knowledge-driven African mining sector that catalyzes and contributes to the broad-based growth and development of a single African market.
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