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FUSION INVESTS IN RWANDA’S LARGEST QUARRY

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19
Jul

Vincent Nderitu, Senior Investment Manager Re & Infrastructure , Fusion Capital

Mary Mankone, Legal & Compliance Officer, Fusion Investment Management

Ruth Muli, Operations Manager, Fusion Capital

Cynthia Kenyanya, Chief Accountant, Fusion Group

Kevin Sanya, General Manager, Fusion Estates

'We have a lot of confidence in the company’s capabilities and track record. We worked with them before, so it's a management that's actually tested'.

Kevin Sanya

Fusion Capital has acquired a large minority holding in Rusororo Aggregate, the first commercial quarry in Rwanda. Fusion expects the business to post strong growth over the next few years, owing to the demand generated by Kigali’s ongoing modernisation plans. Rwanda’s construction sector grew 23 percent in 2011; a level the firm thinks will likely be sustained in the near future thanks to robust infrastructure development.

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