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Ministers Gatete and Mukeshimana, AZAM MD pose for a group photo with Azam officials after receiving the donation.

The Bakhresa Group, the parent firm of Azam Rwanda, has contributed Rwf20 million to support Agaciro Development Fund (AgDF)

Speaking at the handover of the dummy cheque, Mounir Bakhresa, the firm’s Managing Director, said the contribution aims at supporting the country’s development.

 “As investors benefiting from the excellent business environment put in place by government, it is important that we support programs that benefit society,” he said.

The Fund so far counts Rwf28.1 billion. The Fund has now returned 1.7 billion from its first investment that was made since August 2014. According to Amb. Claver Gatete, the Minister for Finance and Economic Planning, the contributions show the resilience and potential of Rwandans, investors and friends of Rwanda in supporting development projects.

At this occasion, Bakhresa also donated Rwf5 million for the Girinka program―project has benefitted over 203,000 poor families since its inception in 2006.

Speaking at the handover of the donation on Friday, Gerardine Mukeshimana, the Minister for Agriculture and Animal Resources, said more households have been lifted out poverty through Girinka program.