Five months after joining the Commonwealth, Rwanda has been selected to host the bloc’s Investment Forum slated for May10-11, 2010.

According to a statement posted on the organisation’s website, the forum "will be organised by the Commonwealth Business Council (CBC) in partnership with the Rwanda Development Board (RDB) in collaboration of the International Private Sector”.

The CBC was formed in 1997 to promote global trade and investment.

"This year’s forum aims to build on Rwanda’s expanding network of relationships created by joining the Commonwealth, and its reputation for stability and good economic management,” the statement reads.

It also states that the conference aims to enhance foreign direct investment by communicating national development goals and by bringing international investors and operators together.

In 2008, the CBC,  in collaboration with the East African Business Council, organised a conference in Kigali that drew over 500 leaders of business and government with 250 delegates from over 30 countries outside the East African region.

The forthcoming conference will focus on business opportunities in sectors such as; Agriculture and Food Security, Banking and Financial Services, Investment in Energy and Power, Tourism, Mining and Natural Resources, ICT and Manufacturing.

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