Rwanda seeks investors to save struggling firms

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Among the firms in need of investor cash is Ruzibirizi Dairy. It is a lucrative investment considering Kigali’s demand for pasteurised milk is 680,000 litres per day.

Rwanda is looking for investors to rescue eight large but struggling, debt-ridden factories it sold off that could be forced to shut down and send home over 1,000 employees.

The Ministry of Trade and Industry said it was in negotiations with investors to acquire stakes in Rubirizi dairy, Utexrwa, Sopar, Rabi, Sotiru, New Rucep, Sonafruits and Ikirezi.