Rwanda Defends $40 Million Advertising Deal with Arsenal Amid Criticism

October 9, 2020

2 minutes read

Arsenal

Rwanda has stood by its decision to invest millions in an advertising partnership with UK football club Arsenal, despite facing substantial criticism. The country’s official tourism authority, Visit Rwanda, plans to display its logo on the players’ sleeves next season, aiming to attract more tourists to the East African nation.

The deal has sparked concern, particularly as Rwanda continues to depend on foreign aid for a significant portion of its budget. The British newspaper The Daily Mail reported that the agreement could cost around £30 million ($40 million), nearly half of the UK’s annual aid to Rwanda.

Conservative MP Andrew Bridgen commented, “If this isn’t a perfect own goal for foreign aid, I don’t know what is. It highlights the absurdity of this system.”

Questions about the deal have also been raised in the Dutch parliament.

In response, Rwanda’s tourism authority defended the agreement, emphasizing its role in a broader strategy to boost annual tourism revenue. “Our national goal is to double tourism receipts from $404 million to $800 million by 2024,” the statement read. “This ambitious goal requires innovative marketing to position Rwanda as an attractive tourist destination. The partnership with Arsenal is just one of many efforts to enhance our visibility and, as such, part of our tourism revenue is reinvested to support such marketing initiatives.”

Share:
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Related Links

Youth farmers

FG Unveils Youth Farmers Portal to Combat Unemployment and Boost Food Security

FG launches Youth Farmers Portal to tackle unemployment and boost food security. The platform provides ...
Savings bonds

FG Targets N1.8tn from Bond Market in Q1, Introduces Two Savings Bonds

Nigeria targets N1.8tn from the bond market in Q1 2025, introduces two savings bonds with ...
GDP rebasing

FG Defends GDP Rebasing Plan as CBN Postpones January MPC Meeting

Nigeria plans to rebase GDP to capture emerging sectors and improve economic planning. CBN delays ...
Equity market

Nigerian Equity Market Rebounds with N54bn Gain After Three-Day Decline

Nigerian equity market rebounds with a N54bn gain after three-day losses. NGX All-Share Index climbs ...

Latest News

Today in History

January 18th is the day in 1993 that Martin Luther King, Jr. Day is officially observed for the first time in all 50 states.

Exchange Rate Per Dollar

AM Armenian Dram401.0794
GH Ghana Cedi14.9046
GM Gambian Dalasi71
GN Guinea Franc8,650
NG Nigerian Naira₦1,558.67
CF CFA Franc BEAC636.6969
18 Jan · CurrencyRate · USD
CurrencyRate.Today
Check: 18 Jan 2025 07:10 UTC
Latest change: 18 Jan 2025 07:00 UTC
API: CurrencyRate
Disclaimers. This plugin or website cannot guarantee the accuracy of the exchange rates displayed. You should confirm current rates before making any transactions that could be affected by changes in the exchange rates.
You can install this WP plugin on your website from the WordPress official website: Exchange Rates🚀

YOUR THOUGHTS

Let us know what you think

Contact the People’s Paper with feedback on stories and how we could make wapress.africa even better!

newsletter image

Stay up to date with the latest from West Africa Press

Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on WApress.

Subscribe Newsletter!

Be the first to receive our latest contents and more...

Need help?