Paniel Meat Processing
| Company type | Private |
|---|---|
| ELIT on SEM | |
| Industry | Agribusiness |
| Founded | January 2012 |
| Founders | Hervé Tuyishime |
| Headquarters | Rwanda, Mauritius |
Area served | East and Central Africa |
| Products | Derived meat products |
| Parent | Elite Meat Processors Ltd |
Paniel Meat Processing Ltd (PMP) is a trading brand of Elite Meat Processors, a Mauritius-based holding company focused on meat production and distribution across Africa.[1][2] Elite Meat Processors was established to oversee and manage the operations of PMP, based in Mauritius and it is listed on the Stock Exchange of Mauritius since December 2024.[3]
History
[edit]Paniel Meat Processing (PMP) was founded in 2012 by Hervé Tuyishime in Rwanda, after he won a government entrepreneurship competition.[4]
In 2013, Tuyishime with PMP were the winner of REAL Fina Bank Entrepreneurship Award in Rwanda.[5] Initially, PMP operated in capital city Kigali, in 2014, the company shifted focus to exporting the processed meat and relocated operations to Rubavu, near the Democratic Republic of the Congo border.[6]
In 2015, Tuyishime with PMP were named first prize winner in SPARK competition in Rwanda.[7] In 2016, Tuyishime launched Livestock Bank, a company to provide the farmers with livestock and other farming inputs, the company merged with PMP in 2022.[8]
In 2019, PMP had diversified its offerings to include fresh and frozen beef, lamb, goat, and chicken. The company also established "PMP Transport and Logistics", acquiring refrigerated trucks and cold storage facilities.[1] Since COVID-19 Pandemic, PMP Transport and Logistics has become a standalone logistics company, TRUK Rwanda, serving other food/ag companies in the East Africa.[9][10]
References
[edit]- ^ a b Clark, Jeanette (2021-05-10). "Rwanda: Entrepreneur grows meat processing business into a regional exporter". How we made it in Africa. Retrieved 2025-02-05.
- ^ Macumu, Junior. "Satisfying Meat Cravings in Rwanda: The Unique Offerings of Paniel Meat Processing Limited. – RwandaMart". Retrieved 2025-02-05.
- ^ https://www.stockexchangeofmauritius.com/media/10410/sem-official-notice-elite-meat.pdf
- ^ Reporter, Times (2013-11-23). "Young entrepreneurs get innovation awards". The New Times. Retrieved 2025-02-05.
- ^ "Herve Winner of Real Fina Bank Entrepreneurship Award 2013". IGIHE. 2014-07-24. Retrieved 2025-02-05.
- ^ "Kigali: Agemura Sosiso mu maguriro 60 nyuma y'igihembo yahawe na Educat - IGIHE.com". www.igihe.com (in Kinyarwanda). 2014-07-30. Retrieved 2025-02-05.
- ^ SPARK; lamalamaThinh (2015-09-14). "3 years on: the journey of a Competition winner". SPARK. Retrieved 2025-02-05.
- ^ "Visiting Paniel Meat Processing and Livestock Bank". Fledge. 2022-10-26. Retrieved 2025-02-05.
- ^ Kennedy, Fred (2024-12-17). "Incofin Investment Management Invests $1.55 Million in Truk Rwanda and Couvoir Amar to Boost Agribusiness and Nutrition". Empower Africa. Retrieved 2025-02-05.
- ^ Libes, Luni (2023-01-03). "Solving Hunger in Africa with Trucks | Impact Entrepreneur". impactentrepreneur.com. Retrieved 2025-02-05.