Economic and Private Sector Development
We are contributing to private sector development and raising food safety standards throughout the region
How we are contributing to Economic/Private Sector Development:
USD 17 million
Spent on regionally sourced, packaging, equipment and services in 2017
Increase in the export sector’s contribution to GDP will be attributable to AIF
USD 24 million
Of foreign exchange secured for Rwanda through exports
In Rwanda, the total AIF investment amounted to more than USD 60 million making it one of the largest investments in the country. Our factory costs approximately USD 30 million and is the largest and most contemporary of its kind in East Africa.
An independent study commissioned by the IFC and conducted by the University of Chicago estimates that from 2016 to 2031, AIF will generate $756 million worth of discounted net incremental value for the people of Rwanda: $532 million of this is attributable to the projected reduction in malnutrition rates due to our nationwide collaboration with the Ministry of Health on nutrition in the ‘First 1000 Days’, which will improve productivity and reduce healthcare costs for the next generation. In addition to these benefits for Rwanda, the study estimated a further $228m value creation for the East Africa region by improving its net forex position (producing locally what was previously imported) and by purchases of other raw materials from countries in the region (especially Uganda, DRC, and Kenya).
Through our operations, we are raising food quality and safety standards. Our factory and quality management systems are ISO 22000 and FSSC22000 certified (most stringent global certifications) and our products comply with the strictest aflatoxin parameters (max. 5ppb). We thoroughly screen all our ingredients and we offer clients certificates of analysis from independent laboratories for our finished product. These capabilities allow us to engage with our regional suppliers to improve the quality of inputs throughout our supply chain. Through advocacy, we are also supporting consumer rights and health organizations in their work to enforce and raise local food safety regulations.
AIF’s scale and high quality has also opened up trade. In 2017, we spent USD 17 million on regional sourced packaging, equipment and services thus stimulating private sector development throughout the region. Moreover, we currently export its nutritious foods to Uganda, DRC, South Sudan, and Kenya, allowing East Africa to import-substitute expensive foods that were previously brought in from overseas with local affordable equivalents without compromising quality. So far, AIF has secured USD 24 million worth of foreign exchange for Rwanda through exports.
Altogether, we are a proud flagship enterprise for the “Made in Rwanda” campaign. We expect to add 2% to Rwanda’s manufacturing sector’s contribution to GDP and 5-10% to the export sector’s contribution to GDP.