Altair Focus #2

SPOTLIGHT CASE STUDY FEASIBILITY STUDY BUILDING GREEN: FOR RWANDA’S FIRST GREEN BUILDING MATERIAL ZONE

SETTING THE SCENE Rwanda is undergoing rapid urbanisation, creating urgent demand for affordable, high- quality building materials. At the same time, the country is pursuing one of Africa’s most ambitious green-growth agendas, aiming to reduce emissions, localise production and promote environmentally responsible industry. Altair International partnered with a consortium of firms to conduct a feasibility study for the development of Rwanda’s first Green Building Material Zone (GBMZ) dedicated to the production of sustainable building materials. Commissioned by The Swiss Agency for Development and Cooperation (SDC) in collaboration with the National Industrial Research and Development Agency (NIRDA), the study explored how the park could enable

Rwanda’s rapid urbanisation while advancing the country’s green growth agenda.

ALTAIR’S ROLE Altair International led the commercial and financial components of the feasibility study. The included analysing market needs, assessing viable green-material value chains, reviewing environmental and social considerations, and evaluating governance and finance structures, particularly the potential for a Special Purpose Vehicle to manage the GBMZ. We also developed investment blueprints and financial models to test the viability of both the park itself and early tenant businesses.

APRIL 2026 | ISSUE #2

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