Since announcing that Vallis is operational in Rwanda last month, we have conducted audits and inspections in the country with the real prospect of a Collateral Management contract starting there shortly.
Demand for sugar in Rwanda is outstripping supply, resulting in shortages. Rwanda currently consumes 70,000 tonnes of sugar per year, but is only able to produce 10,000 tonnes domestically. This vast deficit is met by imports from neighbouring countries and further afield. A research report compiled by Vallis’s George Thrupp is available at this link:
If you have any queries regarding this report, or any other Vallis operations, please do get in touch.