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Originally published by Capital Businessbusiness
May 21, 2026
40m ago
Kakuzi Bets on Diversification as Avocado Profits Nearly Double Amid Global Risks

NAIROBI, Kenya, May 21-Listed agribusiness firm Kakuzi is accelerating its global diversification strategy and expanding into higher-value export products Kenya breaking news | Kenya news today |..
✨ Key Highlights
Listed agribusiness firm Kakuzi is accelerating its diversification strategy, leveraging strong avocado profits to expand into higher-value export products and mitigate rising global risks.
- Kakuzi's profits nearly doubled to Sh 709 million in 2025, largely driven by a 23 per cent increase in avocado production and exports.
- Kakuzi, led by Chairman Nicholas Ng’ang’a and Managing Director Chris Flowers, is diversifying into blueberries and value-added avocado derivatives.
- The company aims to counter geopolitical risks and market volatility by expanding its product portfolio beyond fresh produce exports.
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