OSTI & Rwanda Nut Company Limited
Nurturing local Rwandan industries through the growing and processing macadamia nuts.
・Time of Investment: 2013
・Investment Structure: Underwritten capital increase
・Growing and processing (as well as supplying) macadamia nuts
・Exporting as raw material and manufacture of inhouse products
Background to Investment
・Established by Sato Yoshiyuki, the founder of Kenya Nut Company, which has grown into the industry’s third leading company in the world.
・Exports to a major food product manufacturer established by Sato Yoshiyuki in the U.S.
・Upward price trend due to supply of macadamia nuts not keeping pace with demand for macadamia nuts.
・Expansion of the company’s plantation ensures stable supply of nuts. (Macadamia nut trees have a lifespan of 50 years or more)
・Utilize nuts that cannot be exported by selling inhouse products to major Rwandan supermarkets and RwandAir.
・Expand sales channels to confectionery companies, nut processors, etc. through Mr. Sato’s network