Dubai's Access Infra Africa acquires waste project in Rwanda

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
Dubai's Access Infra Africa acquires waste project in Rwanda

Access Infra Africa, an infrastructure development company owned by Dubai-based advisory boutique Access Consultants, has agreed to buy 70% of Rwanda Compost Limited (RCL), according to a statement from Access.

RCL has a 25-year concession to turn Kigali city's municipal waste into agricultural grade compost. RCL is owned by Mauritius investors and it was established to operate the first municipal solid waste to agricultural grade compost facility in Rwanda and East Africa.

In a statement, Nikesh Patel, the project initiator and founder of RCL, said:

"The interest and involvement of Access Infra Africa in this project validates my long held belief that Rwanda is a viable investment destination".

Access also plans to evaluate the possibility of setting up a waste-to-energy or biogas-fired generation plant. Access and RCL intend to seek non-recourse debt finance for the project.

Reda El Chaar, Managing Director of Access, said the acquisition of the 70 per cent stake had been agreed in light of their firm belief in the socio-economic feasibility of the project and in Rwanda as one of the most attractive investment destinations in sub-Saharan Africa.

The composting plant will be located on an eight hectare site next to the Nduba landfill site where Kigali waste is now dumped.

Dubai-based Access Consulting, was established last year by two former ACWA Power International professionals - Stephane Bontemps and Reda El Chaar.

List of country news

Country news

  • August 15, 2014

    Deloitte appointed Transaction advisor for Rwanda logistics platform

    The Rwanda Ministry of Trade and Industry (MINICOM) has engaged Deloitte to serve as transaction advisor for development of the $35 million Kigali Logistics Platform (KLP) and several other logistic facilities through private investors and operators. Read more
  • September 18, 2014

    Rwanda seeks concessionaire to develop and operate Kigali Logistics Platform

    The Rwanda Ministry of Trade and Industry (MINICOM) has issued a request for qualification (RFQ) to develop the Kigali Logistics Platform (KLP) PPP project. Read more
  • October 06, 2014

    Deadline extended for Kigali Logistics platform PPP

    The Rwanda Ministry of Trade and Industry (MINICOM) has announced a new deadline to submit qualification documents  to develop the Kigali Logistics Platform (KLP) PPP project. Read more
  • November 17, 2014

    Republic of Rwanda issues RFQ for transport & logistics PPP project

    The Republic of Rwanda, through the Ministry of Trade and Industry, has issued a request for pre - qualification (RFQ) for the development of an integrated trade logistics PPP project at Rusizi and Rubavu. Read more
  • April 08, 2015

    Rwanda signs water PPP concession with Metito

    The Government of Rwanda has signed a PPP agreement with a water management company, Metito, to develop a new bulk water source for the capital city of Kigali. Read more

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.