Rwanda's President Paul Kagame and Sheikh Tamim bin Hamad Al Thani, the Emir of Qatar, during a two-day official visit by Kagame to Qatar, where, in the area of agribusiness, a Memorundum of Understanding for investment in development of the Gabiro Agro-processing Farm was signed by Rwanda Development Board (RDB) Chief Executive Officer Clare Akamanzi and Mohamed Badr Hashem Al-Sada, CEO of Hassad Foods. (Photo: KT Press)
Hassad signs MoU with Rwanda Development Board
DOHA: Hassad, Qatar’s premier investor in food sector, signed a memorandum of understanding (MoU) with the government of Rwanda, represented by Rwanda Development Board at Hassad’s headquarters on November 15.
The purpose of the MoU is to commence cooperation between the two sides, and explore possible investment opportunities in the agricultural and food sectors.
Hassad CEO, Mohamed Badr Al Sadah, said “We have signed the Memorandum of Understanding (MoU) with the Rwandan side in line with Hassad’s new vision and strategy to become a successful strategic investor in the global food and agriculture value chains”.
He said that Hassad is currently working on identifying suitable business opportunities in several countries, as well as signing agreements, which are in line with Hassad’s new strategy.
Hassad, the premier investor in the food and agribusiness sectors has several investments in Qatar, Australia and Oman, and currently planning for future investments in several other countries.