Cold Solutions Rwanda Secures Up to $18 Million for Kigali Cold-Chain Expansion
AI Summary
Cold Solutions Rwanda has secured a senior debt facility of up to $18 million from the Africa Go Green Fund to develop a new temperature-controlled storage facility in Kigali. The financing, managed by Cygnum Capital, will support construction and working capital for the project, which will be located in the Kigali Prime Economic Zone. The planned facility is expected to begin operations with capacity for 4,000 pallets, with the option to double that figure to 8,000 as demand grows.
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