Kakuzi to invest over Sh1.2bn in commercial, social impact projects

NAIROBI, Kenya, June 16 - Agribusiness firm Kakuzi plans to spend over Sh1.2 billion for commercial and social impact projects. The funds will be used to Kenya breaking news | Kenya news today |..
✨ Key Highlights
Agribusiness firm Kakuzi plans to invest over Sh1.2 billion in commercial and social impact projects aimed at expanding agricultural production.
- Investment will facilitate a doubling of avocado production from 3 million to 5 million cartons, and increase macadamia production from 900 tons to 1,500 tons.
- Mr. Chris Flowers, Managing Director of Kakuzi Plc, announced these plans at the 1st Murang’a County Investment Conference.
- The initiative follows a reported net loss of Sh131.7 million in 2024, contrasting with a profit of Sh453.5 million in 2023.
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