RENEW Strategies

Rwanda - Manufacturing - Banana and Pineapple Fiber Production

Rwanda - Manufacturing - Banana and Pineapple Fiber Production

Years In Operation: 
New Venture
Reference Number: 
RW133
Country:
Sector:
Investment Level:

This SME has four separate potential investments in the silk and fiber value chain, managed together through vertical integration. All are related to the production of silk and fibers for use as anti-malarial bednets and temporary housing tents, for which there is significant unmet demand in Rwanda and East Africa. The SME hopes to extend the benefits provided by international organizations working to stop the spread of malaria by serving as a local supplier for the products they require.

Banana and Pineapple Fiber Production
The opportunity has received training from Japanese consultants in the extraction of pineapple and banana fiber from agricultural waste to produce a quality textile. Required investment would be between $5-7m. This investment will produce 10,000 tons of textile per year. Employment generated by this investment is 5,000 in extraction, 6,000 in production, and 500 in industry.