Kenya: Truvalu exits seedling producer
Truvalu, a global impact investment firm, has announced its exit from GrowPact Kitale.
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Truvalu, a global impact investment firm, has announced its exit from GrowPact Kitale, a Kenyan company specialising in high-quality seedling production. The exit is a strategic sale to a private Dutch family office.
Founded in 2016 by Maicy and Joshua Mugendi, the company addresses a critical agricultural bottleneck: the transition from traditional seed-sowing to professionalised seedling transplanting, which offers significantly higher yields and resilience for smallholder farmers.
In 2024, GrowPact Kitale produced 35 million vegetable seedlings and 500,000 fruit seedlings, directly boosting regional food production.
“The collaboration with Truvalu has grown to a level where they offer support in finance and strategic advice, which are of crucial importance,” said Joshua Mugendi Njiru, director of GrowPact Kitale. “The effect is phenomenal considering the transformation of our business model and the growth of GrowPact.”
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