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Home Uncategorized

$18 million financing secured for Kigali cold-storage project

by John Mugisha
1 October 2026
in Uncategorized
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$18 million financing secured for Kigali cold-storage project
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A new cold-storage facility planned for Kigali’s Prime Economic Zone has secured up to $18 million in financing as Rwanda moves to expand infrastructure for handling perishable agricultural products.

The financing is being provided through Africa Go Green Fund (AGG), managed by Cygnum Capital, to Cold Solutions Rwanda, the local operating platform of the ARCH Cold Chain Solutions East Africa Fund.

The facility will initially have capacity for 4,000 pallets, with plans to expand to 8,000 pallets. The financing will cover construction and working capital for the project.

The development comes as Rwanda’s agricultural and food-processing sectors expand, increasing demand for reliable cold-chain infrastructure. Limited cold storage and refrigerated transport have contributed to post-harvest losses and shortened the shelf life of products such as fruits, vegetables, dairy and meat.

Cold Solutions Rwanda plans to integrate the new facility with packing, handling and temperature-controlled logistics services.

The company already operates a temperature-controlled packhouse in the Kigali Prime Economic Zone, including an avocado processing and handling line serving export markets.

Suki Muia, investment director at ARCH, said the financing marked an important step in developing modern cold-chain infrastructure in Rwanda.

“The technology will help farmers, livestock producers and processors extend the life of their products from farm to market,” Muia said.

Laurène Aigrain, managing director of AGG, said the investment would help address infrastructure gaps while supporting the fund’s climate-finance objectives.

The project will also include a 440-kilowatt rooftop solar installation and is targeting green-building certification.

Cold Solutions Rwanda is part of the ARCH Cold Chain Solutions East Africa Fund, which focuses on developing temperature-controlled storage and logistics infrastructure in the region.

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