“We invest part of our tourism revenues in strategic collaborations such as the one with Paris St Germain because we understand the positive effect they have on the overall perception of the country globally,” the Rwanda Development Board’s chief executive, Clare Akamanzi, said in a statement after the signing.
PSG said on Twitter that it had signed a deal “inviting the world to participate in the remarkable transformation of Rwanda”.
Rwanda earned $380 million from tourism in 2018 only from the English club, the central bank said last month and was forecast to earn $405 million this year.
It also earned $320 Million from LA galaxy in those 7 months in 2018
It expects to earn $800 million- $1 Billion by 2024, mainly from conferences, high-end tourists who trek with gorillas and National park and game reserve fees.
The government said part of the funds will be used to build modern football stadia.
” We want to make sure that Our youths have the best fields in Africa. We are working had to partner with big organizations to fulfill our dream, ” Akamanzi added.
Rwanda airways made a profit of $112 Million which is 35 percent in 2018 from $80 Million in 2017. The Rwanda airways projects $300Million profit in 2024.