National

RDB, investors ink $5m fertilizer deal

US $ 5m to be sunk in project to boost tea, coffee production Rwanda Development Board (RDB), the National Tea Board (OCIR-The) and the Rwandan Coffee Authority (OCIR-Café), yesterday signed an agreement with two international companies to set up an organic fertilizer manufacturing plant in Rwanda. The project is worth over US $5m. The joint venture will see Olyana Holdings, an American firm and Kenya’s Athi River Mining Company set up a plant to manufacture organic fertilizers, from lime.
George Rubagumya of Olyana Holdings, Anthony Butera of Ocir-The and Srinivasa Rao, exchanging papers after signing the agreement at RDB Offices yesterday. (Photo/G. Barya).
George Rubagumya of Olyana Holdings, Anthony Butera of Ocir-The and Srinivasa Rao, exchanging papers after signing the agreement at RDB Offices yesterday. (Photo/G. Barya).
Times Reporter