The event which took place on this last Saturday, at Minimex’s HQ, saw the visit of the British Minister for African Affairs, Harriet Baldwin, with the Rwandan Minister of Agriculture, Géraldine Mukeshimana.
The two ministers were joined by Chris Isaac, Director of the British AgDevCo Fund, a fund, supported by the UK Aid Agency UK Aid, who in turn, invested $3 million in Minimex, for the company to restructure its business and reach new heights in production.
“We appreciate the funding given to Minimex. With this fund, the plant will be able to increase its production, which will contribute to more food security for Rwandans,” said Minister Géraldine Mukeshimana.
“We highly appreciate the quality of Minimex products, which show its commitment to meeting the required standards in the production chain,” added the Minister, inviting other corn flour producers to follow the example of Minimex.
British Minister for African Affairs, Harriet Baldwin, and Minimex’s guest of honor, also praised Minimex’s funding by AgDevCo.
“UK Aid (British Aid Department) has established a stronger partnership with AgDevCo. UK Aid is proud to see AgDevCo making its third investment in Rwanda with MINIMEX, “said Minister Harriet, referring to the fact that AgDevCo also provided $ 1 million in funding to Kigali Farms, which specializes in mushroom base and $ 1.5 million to UZIMA, another local chicken and egg company.
“We are committed to supporting the efforts of food companies. If they show sufficient financial health, they will attract other businessmen and investments in the sector, “said AgDevCo CEO Chris, pledging to invest more than $ 10 million in this business for next ten years.
“We are here for a long time and we will continue expanding to meet Rwandans’ food,” he said, proud of the economic health of this corn flour plant that began in 2002 with a capital of 500 million francs and which, as it acquired new shareholders including MMI (Military Medical Insurance) and the BRD (Rwanda Development Bank), grew to see his business and his stature reach a capital of 6 billion francs.
“The key to the success of all this is just having a patriotic spirit. We must know and want to meet the basic needs of citizens. Food is one. We offer fortified products. We are very meticulous about the process of manufacturing our products to meet international consumer standards, “said Félicien Mutalikanwa, the company’s main shareholder and CEO.
“Our products are scientifically verified. They can be a bit expensive on the market, which is understandable because the flour we produce is fortified to meet the health needs of our consumers. Said Mutalikanwa.
Minimex Ltd is a Maize processing plant located on the Kigali-Kabuga road. It produces over 144 tons of corn flour per day, i.e, 6 tons per hour, according to Moise Ndayisenga, the Quality Control Officer of the Factory. The current production of this plant is up to 40,000 tons of flour per year. It should be noted that the plant produces a livestock feed (BRAN).
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