Kenya imports US$1 Billion worth of cooking oil annually! In a country where agriculture is the backbone of the economy, this amount of spending would make a big difference if it was directed to local economy. Agriculture has the highest multiplier effect on the economic development of the country. It is the source of our food security, it is the largest employer, one of the top contributors to GDP, and provides a wide range of raw materials for the manufacturing industry.
Food imports put significant pressure on foreign exchange and the impact of this is felt across the economy. Additionally, food costs constitute the largest proportion of low-income household’s budget and lower food costs translates to higher discretionary income for these households. Food costs also put the most pressure on inflation at the macro level. Keeping food costs affordable therefore has far reaching implications on the entire economy.
Our goal is to contribute to food security and provide a reliable market for Oil seed farmers. We also hope to reduce dependence on imported cooking oil. By operating a circular economy model, we strive to reduce waste, enhance value creation and increase the economic benefits to all our stakeholders. The by-products of oil seeds are used in the manufacture of animal feed, soap processing and will hence be used to spur cottage industries and employment creation. Soya is a rich source of plant protein which is used for fortification of porridge flour and makes it more nutritious especially for young children. By optimizing the utility of the Oil seeds, our goal is to create optimum value for all our customers, farmers and investors.