Africa Go Green Fund (AGG), managed by Cygnum Capital, reached financial close on an $18 million senior debt facility for Cold Solutions Rwanda Limited as the country looks to strengthen its agricultural supply chain.
The financing will support construction and working capital for a new temperature-controlled storage facility in Kigali’s Prime Economic Zone, for keeping produce fresh from the farm to the final market.
The facility will initially accommodate 4,000 pallets, with the capacity to expand to 8,000 as demand grows. It will combine cold storage, produce handling, packhouse services and refrigerated logistics, creating an integrated system for moving perishable goods through the supply chain.
Cold Solutions Rwanda already operates a temperature-controlled packhouse in Kigali, where its avocado processing line helps local growers meet the quality and shelf-life requirements of export markets.
The new facility will complement these existing operations.
The project will also serve pharmaceutical businesses that require strict temperature controls for storing sensitive products. A planned 440-kilowatt rooftop solar installation and a targeted internationally recognised green-building certification add a sustainability dimension to the development.
Laurène Aigrain, managing director of AGG, said the investment addresses infrastructure gaps that have constrained agricultural growth and food processing in Rwanda.
“We are particularly pleased that the project combines strong development impact with sustainability ambitions, demonstrating how climate-focused investments can support private sector growth, strengthen food systems, and contribute to a more resilient economy,” said Aigrain.
Cold Solutions in East Africa
The investment also builds on a model established in Kenya.
Cold Solutions’ flagship facility in Tatu City has demonstrated the role temperature-controlled infrastructure can play in supporting agricultural trade and exports.
It entered the Keyan market with a $70 million investment and is handling 15,000 to 18,000 pallet positions with temperature ranges from +26°C to -40°C. It has additional cold storage infrastructure planned and operated to serve coastal and export markets
The Food and Agriculture Organization estimates that post-harvest losses in sub-Saharan Africa range between 40% and 60%, largely because of inadequate storage and transportation.
For Rwanda, the $18 million facility represents more than an expansion of warehouse capacity, an investment in preserving food, improving farmers’ access to markets and helping agricultural businesses compete beyond domestic borders.
As East Africa seeks to capture more value from its agricultural production, reliable cold-chain infrastructure is becoming an increasingly important link between farm output and commercial opportunity.