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Originally published by Capital Business
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business
May 21, 2026
40m ago

Kakuzi Bets on Diversification as Avocado Profits Nearly Double Amid Global Risks

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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