Opportunities for Investors in Rwanda’s Horticulture Sector

Colour palette to match the RDB logo

2

Contents

1.  Summary of the Investor Opportunity 3

2.  Market Opportunity 4

3.  Natural Conditions for Horticulture: Climate, Soils & Yields 6

4.  Government Vision & Commitment to Private Investment 10

5.  Investor Friendly Horticulture Environment 11 1.  Sites for Investment 11 2.  Logistics Chain, including Airfreight 14 3.  Infrastructure 16 4.  Access to Finance 17 5.  Investment Environment 18 6.  Institutional Framework & Investment Process 21

6.  Early Results 23

7.  Next Steps for Interested Investors 24

Page

3

Rwanda is an ideal location for companies looking to invest in horticulture production and processing

The Government of Rwanda has a clear vision for transforming agriculture through private investment, and has set itself ambitious investment and export targets for horticulture

Ambitious Vision & Government Commitment

Strong Investment Enabling Environment Early Evidence of Success

Clear Market Opportunity Strong Natural Assets Rwanda is well placed to serve growing global, regional and local demand for horticulture. Producers have free access to key markets under EBA, AGOA, COMESA & EAC agreements

1 2

3

4 5

5 reasons to invest

Rwanda’s abundant rainfall and natural water sources, diversified agro-climatic zones combining high, middle and low altitudes offer ideal conditions for growing a wide range of fruits, vegetables and flowers throughout the year

The Government has created an investor ready environment by actively identifying potential sites and devoting resources to develop the entire horticulture value chain. Rwanda ranks as the 2nd easiest place to do business in Africa

Although the sector is nascent, pioneer investors are showing it is possible to invest and export successfully to regional and global markets

4

Horticulture producers in Rwanda can respond to fast-growing global, regional and local market opportunities

Global ! Global fresh fruit and vegetable

imports have been growing at over 5% since 2010, driven by double digit growth in demand from China, India and the Middle East

! The import market for cut flowers is dominated by the EU, USA & Russia (80%) - steady growth of 4% in EU and USA

Regional !  In the next few decades, Africa is

forecasted to have the highest population & urbanisation growth which will drive demand growth

!  Imports into the East African Community are amongst fastest growing in the world, with threefold increase in imports to Kenya, Tanzania and Uganda in 2010-14

! West and Central African countries currently sourcing from Europe offer an opportunity for Rwanda

Local ! Rwanda�s GDP growth has

averaged 8% since 2007, making it the fastest growing economy in the region

! Rwanda’s growing middle class consumer base is looking for more convenience and quality

! New supermarkets, hotels and restaurants are increasing demand for local fresh products

Fruits and Vegetables Imports (% compound annual growth 2010-2014)

Sudan (North + South) 147 millions

Uganda 13 millions

Ethiopia 36 millions

DRC 22 millions

Tanzania 11 millions

Kenya 120 millions

Fruits and Vegetable Imports (US$, 2014)

0.0%$

5.0%$

10.0%$

15.0%$

20.0%$

25.0%$

30.0%$

35.0%$

Global$ USA$ EU$15$ UAE$$ India$ China$ EAC$

Fruit$ Vegetables$ Average$F&V$

Source: ITC Trademap, RDB

GDP per capita: US$743 GDP growth: 8% (avg 2008-14) Inflation: Stable and single digit since 2008 Population: 11 Million Most Competitive place to do business in East Africa according to the World Economic Forum Tourism sector growth: 25% per annum forecast 2013-2018 Fitch rating: B+

Rwanda: Key Market Facts

Market Opportunity

5

Horticulture producers in Rwanda can benefit from preferential access to regional and global markets

EU

East African Community (EAC) Common Market Protocol Members: Kenya, Uganda, Tanzania, Burundi, Rwanda, South Sudan

Market size

Growth (2009-13

avg)

PTA

EAC 140m 4.0% �

COMESA 390m 4.1% �

DRC 77m 6.1% �

!  Duty and quota free exports under the EAC-EPA (European Partnership Agreement) and the EBA (Everything But Arms) Agreement

!  Duty free access to US market via the African Growth and Opportunity Act (AGOA)

The Region

EU USA

Additional information about duties, tariffs, quotas and beneficial trade agreements can be obtained from the Rwanda Revenue Authority’s (RRA) customs unit (http://www.rra.gov.rw)

Common Market for East and Southern Africa (COMESA) Customs Union !  Facilitates duty free exports to 13 of 19 member states

!  One of the most advanced and effectively implemented trade zones in Africa !  Duty free import/export of raw materials (incl. fresh fruit and veg) !  Free movement of persons, labor, and right of residence - provides investors

with easy access to skills from across EAC

Democratic Republic of Congo (DRC) !  Rwanda’s main export partner for agricultural commodities; daily fresh produce exports !  Although part of COMESA, import duties currently at 10-20%

Market Opportunity

Other Trade Zones !  Member of the Economic Community of the Great Lakes (CEPGL) !  Recently rejoined the Economic Community of Central African States (CEMAC)

6

With six months rainfall each year and abundant surface water sources, Rwanda’s climate is ideal for horticulture

Wet and cool With higher altitudes and high rainfall, the North and West of Rwanda offer excellent conditions for a broad range of fruits, vegetables & flowers, including temperate fruits, big headed roses and herbs

Sunny and warm With more sunshine and plenty of surface water sources, the South and East offer ideal locations for more extensive cultivation of a wide range of fruit, vegetables and flowers, including avocados, beans, chillies and Asian vegetables

Source: MINAGRI, NAEB

Beyond these general trends, the hilly terrain creates a multitude of micro-climates that are conducive to a large range of crop combinations across the country

Natural Assets

7

Contrasted lithologies provide for a dense patchwork of rich and relatively deep soils

! A variety of fertile soils ! Soils derive from contrasted underlying

lithologies, ranging from acidic (gneiss, granite, quartzite) to basic (basalt, dolerite) in composition

! Combined with relatively wet climate and hilly terrain, this results in a dense patchwork of commonly deep soils (>50cm) easily adaptable to a wide range of crops (well-drained, sandy/clay loams)

! Alluvial valleys and marshlands between hillsides are particularly well-suited for horticulture

! Detailed soil information is available ! Extensively studied, detailed interactive soil

maps, developed in partnership with European research institutes, can be accessed via the GIS team at the Ministry of Agriculture and Natural Resources

Source: MINAGRI, Soil Science Laboratory University of Gent

Basic volcanic and igneous lithologies in the upper parts of the basins provide for naturally fertile soils over most of the country

Natural Assets

8

Indicative of good agro-climatic potential, yields are relatively high even without significant commercial investments

Source: FAOSTAT

Even under the current low input – low output traditional regime, horticulture yields are within the regional range

Average Paddy Rice and Potato Yields (mt/ha)

Average Fruit and Vegetable Yields 2013 (mt/ha)

In more developed sectors, like rice and potato, high yields are indicative of strong agricultural potential

- 2 4 6 8 10 12

Tanzania

Uganda

Rwanda

Ethiopia

Kenya

- 2 4 6 8 10

Ethiopia Tanzania Uganda Rwanda

Kenya

Fresh Fruit

Vegetables

- 1 2 3 4 5 6

Tanzania Uganda Ethiopia

Kenya Rwanda

- 5 10 15 20

Uganda Tanzania Ethiopia Rwanda

Kenya

Paddy Rice

Potato

Natural Assets

Low historical use of fertilizers and pesticides provides strong potential for organic production

9

Rwanda has a growing number of export crops, as well as a broad range of crops with high potential for development

Alre

ady

expo

rtin

g H

igh

pote

ntia

l

Specialty Vegetables Exotic Fruits Flowers Avocado: Rwanda has ideal conditions for Hass & Fuerte avocados & can supply when other producers are off season. Produced by 500,000 small holder farmers. Processing opportunity in avocado oil

New varieties of Summer Flowers & Potted Plants: Diversified climate allows for wide range of varieties to be grown in different agro-climatic zones

Tamarillos: Widely available in local markets & good candidate for export market development

French Beans & Snow Peas: Beans are Rwanda’s largest horticulture export by volume. Today mostly exported to Europe

Chillies: Production expanding with over 500 outgrowers. Exports to European markets growing

Summer Flowers: Favorable climatic conditions, including high altitude potential. Varieties already being exported include Arabicum, Agapanthus & White Arums

Greenhouse varieties, including big headed roses & carnations

Fresh herbs: Entirely new export crop with strong prospects

Opportunity for developing and exporting organic products to niche markets Organic dehydrated pineapple is already being exported to France

Physalis: Grown in high altitude areas in Rwanda. High export potential due to high demand in Europe and Middle East. Only Colombia supplies world market

Baby corn: A new crop which can easily be grown as a rotation crop with beans

African aubergine: Widely grown in Rwanda. Has good demand in Europe & Middle East alongside other Asian vegetables

Passion fruit: Government investing in production of clean planting material & expansion program

Macadamia nuts: Commercial production started in 2004, now rapidly expanding. Total >200,000 trees

Natural Assets

10

The Government has identified horticulture as a major export priority and is investing actively in developing the sector

Rwanda is seeking agricultural transformation through private investment, built on inclusive business models Horticulture is seen as critical for exports growth and diversification Aiming to increase horticulture exports more than tenfold, from $11m in 2013 to $120m by 2018 Preference for a nucleus farm + outgrower model Contract farming opportunities available

The Government has actively invested, and continues to invest, to make the vision a reality, including in: 1.  Dedicated Land Sites for Investment: Prioritization and

earmarking of sites for horticulture development, land titling, agricultural land information system, irrigation infrastructure

2.  Improved Logistics Chain: Cold chain development, including a new Kigali packhouse and four regional collection centers

3.  Extensive Infrastructure Development: Improved feeder roads, electricity, as well as air connectivity

4.  Access to Finance: Export Growth Facility to provide subsidized financing and guarantees

5.  Competitive Business Enabling Environment: Major reforms to create one of the most competitive business environments in Africa

6.  Clear Institutional Framework for investors: Dedicated investor and exports focused agencies, a transparent investor process

Ambitious Vision Targeted Investments

Vision & Commitment

11

Example sites earmarked for investors

A wide range of production sites close to Kigali have been earmarked for investors

Sites have been proactively identified based on investor requirements ! The Government of Rwanda is keen to attract world class investors that are ready to establish nucleus

farms and partner with local cooperatives and small holders

Sites for Investment

Kigali

!  The Government has shortlisted a number of site options that correspond to target investors’ requirements

!  All shortlisted sites, with contrasted agro-climatic conditions and topographies, are located within 200km of Kigali

!  Several of these sites have been developed with irrigation and transport infrastructure

!  Contract farming opportunities are available for investors who prefer not to set up nucleus farms

!  Once an investor’s project is approved, the land leasing process or contracting farming process can be completed rapidly

!  Additional sites are being developed with irrigation infrastructure

12

Government is ready to showcase specific sites to interested investors

Sites for Investment

60ha at Gishari for flower development ! Adjacent to 20 ha flower park

under development for rose production

! Close to Muhazi lake for irrigation

! Appropriate for intermediate roses

250ha Gashora for vegetable development ! Highly fertile soils ! Near Akagera river ! Irrigation development

ongoing ! Only 70km from Kigali

80ha at Gishwati dedicated for apples ! Highly fertile volcanic soils,

cool and high precipitation region

! Most appropriate for temperate fruits

20ha at Nyacyonga for flower development ! Appropriate for middle altitude

roses and other summer flowers ! Basic production infrastructure

available on site ! Only 10km from Kigali

Kigali Wholesale Market. In addition to the sites available for horticulture production, the Government of Rwanda (GOR) has acquired a plot of 7ha in the Kigali Special Economic Zone and is currently looking to partner with an investor to develop a specialized and efficient wholesale market for fresh produce

Regional Industrial Parks ! Four regional industrial parks in

development will provide serviced land for potential agro-processing facilities

Further details of these and other potential sites can be obtained from MINAGRI and NAEB

13

The Government has put in place a clear process for investors to access land

Strong investor protection framework ! 100% of land titled and captured in online land

information system, giving investors assurance of ownership and comfort in leasing

! New Land Lease Law: Currently under review, includes simplification of land lease process

On-line site availability portal ! New Agricultural Land Information System

(ALIS) currently under development will provide a central database of state owned agricultural sites that will eventually be accessible to investors online

! Rwanda Geo-portal provides maps of infrastructure, administrative boundaries and land cover. New spatial data is being added (http://rwandageoportal.rnra.rw/)

Sites for Investment

Investors can access land in multiple ways

Lease ! Up to 49 year renewable lease available for

agricultural investors ! Leasing of government land for nominal

administrative fee ! Private leases negotiated at market rates

Sublease ! Government facilitates negotiations with the

concessionaires

Contract farming ! Government can act as an intermediary between the

investor and co-operatives/producers ! Government supports co-operatives to deliver on

contracts, including with input subsidies and small scale infrastructure development

! Government can also support contract enforcement Standard documents e.g. model contracts, available for all forms of access to land/production sites

14

Major investments have been made into the cold chain and modern airport facilities

Having received feedback from investors that the cold chain is a key constraint to effective horticulture operations, the Government has invested in developing the necessary infrastructure

Modern airport facilities managed by MAGERWA at Kigali International Airport !  4 hectare customs clearing and

warehousing facilities !  State-of-the-art cold storage with

30MT available capacity !  Cargo handling equipment rental

(forklifts, container stackers, mobile cranes, etc.)

Investors interested in utilizing these facilities can contact NAEB or relevant district authorities

New Kigali Packhouse at NAEB HQ !  Being developed to international standards !  120 sqm cold rooms, storage capacity for

35MT and packing space !  Sufficient for simultaneous use by six

exporters !  Due to be completed by the end of 2016

Four Fully Operational Regional Collection Centers !  Comprising cold rooms, storage space of

7-10 MT capacity each, 5 grading tables each, weighing machines , water and electricity including back up generators

!  Located in Kamonyi, Rulindo, Musanze and Ngoma

Logistics Chain

15

DUBAI Daily

AMSTERDAM Daily

BRUSSELS Daily

With rapidly expanding airfreight options, investors can now access EU, Middle East, Asian as well as regional markets

NAIROBI 6x daily

DOHA Daily

ISTANBUL Daily

JOHANNESBURG Daily

ADDIS ABABA 2x daily

SOUTH SUDAN 2x daily

Logistics Chain

Major expansion of airlines serving Kigali over last 5 years has eased market access constraints ! >50% growth in number of flights between 2010 and 2015 ! With active engagement of airlines by the Government of Rwanda, new

routes are constantly being introduced, e.g. Rwandair to Delhi

Over 10 international airlines currently operating from Kigali International Airport, serving multiple markets, including: ! Europe: KLM to Amsterdam daily, SN Brussels to Brussels daily ! Middle East: Rwandair to Dubai daily, Qatar to Doha daily, Turkish Airways

to Istanbul daily ! Africa: Multiple countries via Rwandair, Ethiopian & Kenya Airways daily ! Asia: Multiple onward connections from Dubai, Nairobi & Addis Ababa

Average cargo capacity: 4-5 tons for intercontinental flights (e.g. SN Brussels, Turkish, Qatar, KLM); 2-3 tons for regional flights (Kenyan Airways, Ethiopian)

Dedicated cargo capacity also provided by MartinAir Export market share dominated by Rwandair (34%), SN Brussels (27%) and Ethiopian (24%) in 2014.

Freight capacity is improving and freight rates are negotiable ! Indicative pricing for freight starts at $1.8/kg to EU and $1.6/kg to Turkey

! In practice, pricing is negotiable. Medium to large exporters with a steady supply have negotiated rates comparable to Kenya/Uganda.

! Market players and Government are looking into aggregation mechanisms to reduce the cost of freight to match Rwanda’s neighbors

BRAZZAVILLE 2x weekly

16

Road, electricity and irrigation infrastructure has been upgraded significantly to ease investment conditions

The best domestic road network in the region ! All horticulture production areas in Rwanda are no more than

200km from Kigali ! Highest road network density in the region, no location is more

than 10 km from the nearest paved road ! Major expansion of national and district roads since 2012 (from

4,700km to 6,655km in 2014). Special program for rehabilitation of >1,1000km of feeder roads to major production sites underway. 86% of roads classified as being in ‘good condition’

! Access to regional markets improved with investment into the Northern and Southern Corridors: ! Transit time for containers from Mombasa to Kigali reduced

from 28 days to 8 days

Increased electricity supply and reduced costs ! Capacity: Installed capacity has grown 50% in 3 years from 110

MW in 2012 to almost 189 MW today; projects underway to achieve >500MW by 2018.

! Network: Access has more than doubled, including to major production areas

Extensive investment into irrigation infrastructure ! Targeted programs equipping smallholders in key production

areas with new irrigation and water management infrastructure ! Area under irrigation increased more than sevenfold during last

decade, from 6000 ha in 2006 to 45,000 ha in 2016

Infrastructure

Rwanda outperforms all countries in the region, except Kenya, in the World Bank Infrastructure & Logistics Performance Index

•  Despite being land-locked, Rwanda was ranked 63rd on the World Bank’s Logistics Performance Index in 2014, behind Kenya (45th) but ahead of Ethiopia (78th), Tanzania (107th) and Burundi (126th)

•  The index captures 6 dimensions: Customs, infrastructure, international shipments, logistics competence, tracking & tracing and timeliness

17

The Government has launched an Export Growth Fund to ease access to finance constraints

!  Pilot phase launched by the Rwanda Development Bank (BRD) in early 2016

!  Aims to support Rwandan registered companies to grow their export capacity

!  Companies can be locally or foreign owned

!  Comprises three complementary components

!  Can be accessed via BRD and several commercial banks in Rwanda

Investment Catalyst Fund Provides concessional loan financing at approx. 10-11% (significantly below market rate of 17-20%) Accessible to companies with a turnover of $50k-1m

Matching Grant Fund Provides a matching grant of up to $100k for specific activities related to accessing markets e.g. certification, marketing

Exports Guarantee Facility Provides an 80% guarantee against late payment by international buyers

Rwanda Export Growth Fund 1

2

3

Access to Finance

18

Investors will benefit from one of the most competitive environments in Africa

Sustained and rapid economic growth ! 8% compound annual GDP growth and single digit

inflation since 2008, stable exchange rate ! Market of over 11 million people with a rapidly

growing middle class Robust governance ! A clear vision for growth through private investment

articulated in Vision 2020 and EDPRS2 ! Politically stable with well functioning institutions,

rule of law and zero tolerance for corruption ! Rated as the most efficient government in Africa

and 7th globally in the Global Competitiveness Report 2015

! Safest place to walk at night in Africa and the 5th safest country in the world (Gallup, 2015)

Investor friendly and open for business ! Attractive fiscal and non-fiscal incentives, simple

taxation ! Development of capital markets; stock exchange

launched in 2011 ! Special economic zone fully operational

One of the most competitive places to do business in Africa ! Repeatedly named a top reformer of business

regulations in the World Bank Doing Business Report

! In 2016, ranked as the easiest place to do business in East Africa and 2nd in Africa

! Credit rating: B+ Positive (Fitch) ! Least corrupt in East Africa (Transparency Intl.)

Investment Environment

Numerous well-known global and regional companies have already chosen to invest in Rwanda

19

Factor costs are competitive and Rwanda provides targeted incentives for horticulture investors

Other investor specific

provisions

! Unrestricted repatriation of capital and assets ! Foreign investors are not required to have a Rwandan partner ! Assistance with access to land and utilities (water & electricity) ! Assistance with obtaining visas and work permits

Land Lease

Inputs

Labor

Machinery

! State Land available for a nominal administrative fee ! Private Land negotiated at market rates. Rates vary by geographic region

! Duty free imports of agricultural inputs (seeds, fertilisers, pesticides etc.) ! New seed law opening up private market for seed provision ! Government subsidy for fertiliser under the crop intensification program can be leveraged

by outgrowers, giving an indirect benefit to investors

! Labor costs are US$1.30-2.60/day for unskilled labor and approximately US$300-450/month for specialist staff (Technician level A1)

! Duty free import of farm machinery, tools, irrigation equipment ! Accelerated depreciation of 50% for new or used assets in year one for agro-processing

and export oriented businesses

Factor Costs

Taxes ! No export taxes or VAT on horticulture exports ! Preferential corporate tax rate of 15% for export companies ! Exemption from Capital Gains tax

Investment Environment

20

Development partners are actively investing in further improvements across the entire value chain

!  Increasing productivity of land via investments in irrigation and mechanization

!  Development of an on-line portal capturing agricultural land sites to increase transparency on available land

!  Enhancing all season road connectivity to agricultural market centers and high agricultural production areas

!  Expanding power generation and transmission capacity

!  Center of Excellence to demonstrate greenhouse technology and undertake skills development

!  Support to co-operatives and producer organizations to improve use of inputs, upgrade production capacity and increase business skills

!  Overseas agribusiness internships for university graduates

!  Training for Rwanda Bureau of Standards (and to private companies via RBS) on international standards and providing certification (ISO, HACCP, GAAP, fair trade certification etc).

!  Linking smaller producers to markets !  Improvement of trade related infrastructuree & trade facilitation

Land

Infrastructure & Logistics

Production Capacity

Standards & Certification

Market Access

Investors will directly and indirectly benefit from these efforts

Example projects

Investment Environment

21

Several institutions are ready to support your entry into Rwanda’s horticulture sector

Rwanda Horticulture Exporters Association

Rwanda’s private sector development and investment promotion agency. The main entry point for investors in Rwanda. Provides: ! Investor information hub: Guidance on laws, policies,

incentives, investment climate, trends and opportunities ! One Stop Centre for starting a business: Online

business registration, issuance of investment certificates, facilitation with tax related services and exemptions, issuance of visas and work permits, access to utilities (water and electricity), notary services

Newly established by the private sector to strengthen the development of the horticulture sector ! Already working on issues such as aggregation of

produce for export markets to reduce freight costs

Government agency focusing on growing and diversifying agricultural commodity exports ! Core focus on tea, coffee and horticulture ! A key partner for export oriented horticulture investors:

! Supports investor implementation, including finding local partners for production

! Develops specific exports-enabling infrastructure e.g. cold chain

! Advises on key export steps and and procedures specific to the horticulture sector

National Agricultural Export Development Board

In charge of transforming and modernizing agriculture in Rwanda ! Leads on policy development for the sector ! Investment Support Unit can:

! Provide detailed information about the horticulture sector

! Support investors to identify appropriate sites and/or local partners for production

!  Inspections Unit provides inspection and certification services

Ministry of Agriculture and Animal Resources (MINAGRI)

Rwanda Development Board

Institutional Framework

Rwanda Horticulture Working Group ! Active forum to push forward strategic issues in the

sector and resolve challenges ! Co-Chaired by the private sector and GOR,

comprises all players in the horticulture sector

22

Rwanda offers a clear and transparent investment process, with support along each step

Pre-Investment Information Gathering

Company Registration &

Investment Certificate

Pre-Operations Implementation

Production

Exporting

!  Rwanda Investor Info Pack, available online and at RDB, provides detailed overview of investment process in Rwanda

!  In-person briefing on available opportunities in the horticulture sector (via NAEB and MINAGRI) and specific investment requirements (via RDB)

!  Guided tour of potential sites can be organized (via NAEB and MINAGRI)

!  Rwanda Export Handbook provides details of exporting procedures !  Specific additional advice & facilitation from NAEB, if required

!  On-line registration of of company or subsidiary at RDB (free of charge, in 2 easy steps and 6 hours)

!  Application for Investment Certificate for projects >USD 100k (local, EAC & COMESA) or >USD 250k (other foreign national). Investor submits business plan and key documents. Certificate is issued in less than 24 hours and entitles the investor for specific incentives

You will be supported throughout the project scoping, development and implementation process

!  Identification of and application for land, via Ministry or District, with RDB support; private negotiation if leasing private land

!  Environmental Impact Assessment submitted to RDB for approval !  Facilitation of visas and immigration procedures !  Support to secure access to utilities !  Access to cold storage facilities, if required !  Application to import input materials, if required

!  Advice on specific production issues, e.g. soils, support to liaise with co-operatives, if required

Institutional Framework

23

The face of Rwanda’s horticulture sector is changing with new investors starting projects & exporting to new markets

!  Mauritian investor exporting French beans and snow peas to Europe

!  Started operations in 2015 !  Currently operating on two sites,

including via contract farming !  Exporting up to 10MT per week

!  Subsidiary of Kenya-based East African Growers which grows and exports roses, snow peas, and other vegetables from Kenya

!  In 2013 launched a EUR 1.5 million project to develop Rwanda’s first avocado plantation

!  First exports of Hass avocados to Europe expected in 2018

!  Japanese investor developing farms and greenhouses in Musanze district

!  Aim to export high value specialty flowers to Europe and Japan

!  Commenced operations in 2015 and will develop up to 70 ha of land

!  Already exporting Helianthius

!  Locally-owned company manufacturing mineral water, fruit juices, milk and milk products and sourcing pineapple and passion fruit locally

!  Undertook a $27m expansion in 2010 !  Currently produces over 5,400 litres of

nectar 1L juices per hour; 5,000 liters of 500ML juices per hour and 4,000 liters of 300ML juices per hour

!  Exports by road to Uganda, Burundi, South Sudan and the DRC

Early Results

24

We invite you to visit Rwanda to see the opportunity yourself

With strong assets to become a preferred location for horticulture expansion in East Africa and a government eager to make this happen, Rwanda is open for business!

For more details, please contact...

Head of Investment Promotion Department

Rwanda Development Board

Email: innocent.bajiji@rdb.rw Website: www.rdb.rw

Head of Horticulture Division National Agricultural Export

Development Board

Email: n.epimaque@naeb.gov.rw Website: www.naeb.gov.rw

Investment Support Unit Ministry of Agriculture and

Animal Resources

Email: snirere@minagri.gov.rw Website: www.minagri.gov.rw

Innocent Bajiji Sylvie Nirere Epimaque Nsanzabaganwa

With support from