Soya bean production

Ideal conditions for high value products Investment Opportunity:

Invest in Soya bean production and processing to take advantage of Rwanda's excellent growing conditions and serve a growing and under-serviced middle class in the EAC.

Market Opportunity

• East and Central Africa (ECA) countries arenet importers of Soya bean oil & by products.
• Kenya requires over 1m Tons of meal per year
• Great Lakes demand in Soya bean oil is 150,000Tper year: Rwanda: 30,000T; Burundi: 30,000T & DRC: 90,000T
• By 2015 : 250,000T with an annual average global consumption of 3kg per capita.
• Soya bean oil represents 20% of Rwanda total edible oil imports (24m liters / year: 5m from USA & 2m from Kenya and Uganda).
• Rwanda soybean production is estimated at 57, 089MT / year (2010)
• The total production increased 4 – fold in the past10 years

RWANDA’S Advantages

• Rwanda is the 6th African country in Soya bean area covered : 42,160ha (2012) after Zimbabwe, Malawi, Uganda, South Africa & Nigeria.
• The location is ideal to access a large regional consumer base and to benefit from the development potential of the Soya bean oil market, eventually targeting Soya bean oil with high export market potential.
• GoR facilitates easy access to nucleus farms and contracts with farmers will help you getting lands.

Rwanda is a gateway for operations in East Africa, offering easy access to large regional maize markets.

• Mount Meru Soyco Ltd invested US$10M in Soya bean oil production in Kayonza / Eastern province. The crushing capacity will be 45,000MT / year based on 300 working days.
• The mill will start at a moderate rate of capacity utilization of 15% in the 1rst year and be stepped gradually to 38%, 51%, 69%, 89% in the 2nd, 3rd , 4th, 5th year respectively. The capacity will stabilize at 94% in the 6th year onwards (The existing factory which will operate in early midi 2013 cannot satisfy itself the current local demand market).