Rwandan firms’ tens of billions in Agribusiness Hub

Gabiro Agribusiness Hub is anticipating an investment of $32 million (about Rwf34 billion) from eleven enterprises.

Nyagatare and Gatsibo districts in Eastern Province are the epicenter.
More than 90% of the necessary infrastructure has been built, and planting could begin by the end of the year.

According to Micomyiza, horticultural production receives the most attention, followed by food crop and input production.

The mechanization of agriculture is one of the sectors the project intends to fund.

He said that French beans, chilies, orchards like avocado, strawberries, lemons, and cereals like maize and soybeans would be significant crops in the hub.

He noted that the hub attracts investors from the East African Community (EAC) and Europe, the Middle East, and Rwanda.

Rwanda is home to four of these businesses, four locally registered and active.

Read more Breaking news