This new cooperation framework will enable the exchange of investment opportunities and the organization of reciprocal economic missions. It also seeks to connect businesses with potential partners, building on existing commercial ties. Rwanda has previously showcased products like coffee, agro-processed goods, and handicrafts in the Senegalese market, and the agreement aims to transform these initial connections into sustained commercial relationships.
Logistics, construction, real estate, fashion, agriculture, and trade facilitation are identified as key sectors for potential partnerships. Rwanda could benefit from Senegal's expertise in entrepreneurship and industry, while Senegal may leverage Rwanda's growing role as an East African business hub. Both nations have implemented reforms to improve their business environments and attract private investment.
Despite the political will, bilateral trade between Rwanda and Senegal remains modest. In 2025, bilateral trade was approximately 131 million CFA francs, a decrease from 211 million CFA francs in 2022. APIX has recorded only one Rwandan investment in Senegal. Officials noted a significant gap between political dialogue and actual trade flows, highlighting the need for increased attention to economic cooperation.
A significant obstacle to increased business activity is limited air connectivity between Kigali and Dakar. Travel can take several days, and high airfares, around $1,800, present a challenge for business travel. The RDB has indicated it will explore ways to improve travel ease between the two nations, potentially addressing this barrier.