Rwanda is looking to the poultry industry to boost food security and economic growth. The government of Rwanda has elaborated a livestock master plan that identified poultry as one of the avenues to contribute to national food and nutrition security, income generation, job creation as well as economic growth, Rwandan agriculture minister Geraldine Mukeshimana said.
On the other hand, Bralirwa Plc, Heineken NV’s Rwandan subsidiary has launched the local production of Heineken beer: Made-in-Rwanda with investments of up to US$10.2 million (9 million Euros), according to the New Times. The locally produced brand is set to create more employment and boost income taxes through industrial production given that industry sector in Rwanda contributes to 17% of GDP and it is expected to grow to 20 % by 2020.
Rwanda’s revenue in the Food & Beverage segment amounts to US$5M in 2020, revenue is expected to show an annual growth rate (CAGR 2020-2024) of 17.9%, resulting market volume of US$9m by 2024. (BASED ON SOURCE CALCULATIONS WITHOUT IN-DEPTH ANALYSIS)
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