French development financier Proparco is supporting Kenya Nut Company with a $18.7 million loan. This family-run business has diversified its activity and has been operating in the nut sector (macadamia and cashew nuts) in Kenya for over 40 years.

With macadamia nut production of some 32,000 tonnes in 2019, Kenya is the third largest producer of macadamia nuts in the world, accounting for 14% of global production.

Kenya Nut Company was set up by coffee growers in the 1970s, unde...