Northern Irish agri-tech group announce £1.7m investment in Kenyan company

Devenish in Kenya
Michael Maguire, East African director at Devenish with Sidai MD Anthony Wainaina, its founder and director Dr Christie Peacock CBE and Devenish chairman Owen Brennan during a recent visit by the firm to Kenya.

Devenish, the Northern Ireland agri-tech group have announced a £1.7m investment in Kenyan company Sidai Africa.

Sidai Africa supplies crop and livestock services to farmers throughout the East African country with a ‘last-mile’ delivery service model, which enables the company to reach some of the country’s most remote areas.

The East African firm was established with backing from the Bill and Melinda Gates Foundation and Farm Africa in 2011 with the aim of improving sustainable agriculture and currently employs 120 people.

Sidai works to help farmers keep their herds healthy by improving access to livestock products and services, which according to Belfast based Devenish helps increase income and financial security.

Michael Maguire, Devenish’s east African director, said: “Sidai has already had a very positive impact on the local farming community and I hope that this investment, coupled with our commercial input, innovation and nutritional expertise, will help the company grow further.”

According to Devenish, this latest investment fits in with its long-term growth strategy in emerging markets and will enable Sidai to further expand its distribution network, launch new products and reach even more farmers across Kenya.

Leave a Reply