AKAGERA BUSINESS GROUP (ABG), established in Kigali in 1997, has grown to become a dynamic diversified business group with eight divisions active in the paints, hardware, wholesale trade, automobile, electronics, media, and construction industries. The group’s newest division, AKAGERA DESIGN & CONSTRUCTION (ADC), has a number of major projects already completed, in the process of completion, breaking ground, and many others in the pipeline.

President and Managing Director, Vinay Gorajia, who launched AKAGERA BUSINESS GROUP explains, “ABG is a household name in Rwanda where we have a 30,000-square-meter facility. Our flagship division, AKAGERA MOTORS (distributor of Toyota, Mahindra, Hino and Ashok Leyland), revolutionised Rwanda’s transport sector by being the first company to offer vehicle financial leasing.

Our newest division, AKAGERA DESIGN & CONSTRUCTION (ADC), was established in 2012 and specializes in designing and building commercial, industrial, and residential properties in Rwanda and Burundi. Partnering with strategic architects based in Italy allows ADC to become a key player in the regional real estate market.”

Fast-Growing Construction Division

Burundi: ADC’s projects include the Virago Building: 4,000-square-meter office complex in Bujumbura, which is now the headquarters of the Burundi Revenue Authority that was completed in October 2013. Also, in Bujumbura is the 80,000-square-meter mixed-use mall project, BLUE TANGANYIKA COMPLEX.

Rwanda: ADC conceived and built the AKAGERA BUSINESS GROUP Headquarters in Karuruma, Kigali. A modern building with a total 4,500-square-meter built area comprising of an office area, a show room and other amenities.

KICUKIRO HEIGHTS: An apartment complex consisting of 400 dwelling units. The project is in the development stage. REBERO HEIGHTS: A high-end residential complex consisting of 26 luxury homes on the hillsides of Rebero, Kigali. The project is in the development stage.

AMAREMBO CITY CENTER: An approximately 120,000-square-meter mixed-use development in Kigali. The project is in the development stage.

The AMAREMBO CITY CENTER (ACC) project will be a mixed-use development comprising retail space, office blocks, leisure facilities, underground parking for 700+ vehicles, state of the art Toyota dealership, business hotel, swimming pool and much more, all on a 23 hectares plot of land. ACC project will be completed in three phases using modern building technology in order to meet all of its goals for this project. Phase one will begin with ground-breaking in early 2015 and will be completed over 24 months.

ABG is currently looking for partners for the ACC project. The Managing Director explains, “We are interested in working with investors in terms of various types of financing, debt / mezzanine / equity. The project value is estimated at approximately $100 million. Investors or anyone looking into Rwanda should remember that when you come here, you will become part of a family, not only contributing to the success of the investment project with ABG, but also to Rwanda’s success as well.”

Akagera Business Group Logo

AKAGERA BUSINESS GROUP (ABG)
B.P. 3774 Gatuna Road, Karuruma, Kigali
Tel.: +250573835 / 36/37
[email protected]
www.abgafrica.com