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AgDevCo invests $9.5 million in Agventure to expand canola oil and seed processing in Kenya

Nov 08, 2024over 1 year ago

Contract Type

partnership

KenyaAgriculture and FarmingFarming

Description

AgDevCo has invested $9.5 million in Agventure to support the expansion of its canola oil production capabilities and seed platform in Kenya. The investment aims to increase volumes purchased from outgrower farmers and promote the availability of high-quality, locally produced food in the domestic market, reducing reliance on imports.

Company Information

Company

Agventure

Location

Kenya

About

Agventure is a farmer-owned business established in 2010, focusing on regenerative agricultural practices for non-irrigated cereal-based systems in Kenya.

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