AKAY joins hands with International Trade Centre (ITC), through its Supporting Indian Trade and Investment for Africa (SITA) project, and Rwanda’s National Agriculture Export Development Board (NAEB) to develop premium quality, high value chili varieties in Rwanda.
Akay provided premium quality chili seeds to NAEB for distribution to the Rwandan farmers, and the seedlings were effectively transplanted from nurseries to the main fields under the supervision of the project team. Select farmers are currently growing new chili varieties in Rwanda, and Akay has agreed to buy their entire harvest at prevailing market prices. SITA organised a mission to assess the progress of the hybrid chili trials in Rwanda. The team included Shibu Anandarajan from Akay Flavours & Aromatics, J. Marie Munyaneza from NAEB, spices expert Dr. C.K. George, and SITA representatives from Geneva and Rwanda.
There is good potential for hybrid chili cultivation in Rwanda. It will help generate more employment opportunities for youth and women and will improve their socio-economic conditions. It will also help Akay buy ‘pesticide regulated chili’ at competitive prices to meet the growing demand for chili in the future. The mission gave Rwandan chili farmers new hope by providing theoretical and practical training, and most importantly, by guaranteeing a reliable market through Akay.
Speaking of the company’s choice of Rwanda as a destination for investment in Africa, Dr. Balu Maliakel, Managing Director of Akay, said that despite its landlocked geography, several factors such as the presence of skilled and committed farmers, organised community-level farmer groups, responsive governmental support and proactive support from the National Agricultural Export Board swung the deal in the country’s favour.