Honey Production & Export - INVESTMENT OPPORTUNITY - iDiasporan

Honey Production & Export

by Rwandan Development Board

Description

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

The Opportunity:

  • Honey is the main beekeeping product widely consumed in Rwanda.
  • The current demand for honey is 1715 MT from 1625 in 2006.
  • Production for the last 6 years has increased from 38 Metric tons in 2005 to 321 MT in 2010
  • Import has been significantly increased from 129 MT to 1614 MT in 2012.
  • Easy quality compliance with international quality standards and Market trends.
  • Projected private investment in honey sector is estimated at $7M by 2017.

 

Existing Investors:

  • Within the sector, there is a number of input suppliers, producers, primary producers , primary processors
  • (collection centers) , financial institutions as well as development partners.
  • 18 collection centers across the country.
  • Rwanda Honey ltd is a private company at the implementation stage in Rulindo District.
  • Different unions already involved in the sector( UNICOAPIGI with 625 members producing more that 12 T/season) operating in western province.
  • Cooperative model in the sector well organized to provide a suitable business environment
  • 83,000 beekeepers and 93,000 beehives in the country. 


    • High opportunities and potentials in terms of natural /organic honey production and its value chain development.
    • Rwanda has a strong GDP growth (7.5% CAGR 2005 – 2010), one of the best business environments in Africa.
    • Fertile soil, Favorable weather, melliferous plants, Natural forest suitable for beekeeping activities.
    • Adequate climatic conditions.
    • Beekeeping an emerging Potential sector listed under key priorities in PSTA III.
    • Pro-Poor sector : opportunities for small and medium scale farmers to produce with little investments.
    • Various extension, value chain financial service providers operating in Rwanda.
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