In a groundbreaking move that promises to revolutionize Kenya’s agricultural landscape, Mr. Nathan Loyd, a Kenyan-American entrepreneur, is leading the charge with his company, AvoVeg Health. Based in Nairobi, AvoVeg Health is at the forefront of processing and exporting fresh avocados and various vegetables, primarily catering to the European market. The company’s commitment to value addition and innovative agricultural practices is set to bring unprecedented benefits to Kenyan farmers and the economy at large.
Mr Nathan Loyd, first on the left
Mr. Loyd’s admiration for President William Ruto is evident. “I want to salute our President William Ruto for being the first President that we have had that thinks like a CEO. We march on together to change Kenya onto greater heights,” he states with conviction. This mutual vision for a prosperous Kenya underpins the ambitious plans AvoVeg Health has in store.
With over 1 billion shillings already invested in Kenya’s agricultural sector, AvoVeg Health is now embarking on a new venture that will add significant value to the avocado industry. The company is set to introduce state-of-the-art machinery for processing and packaging avocados. This high-tech factory will address the critical issue of post-harvest wastage, thereby benefiting thousands of farmers across the nation. “Our new value-add venture will solve the huge challenge our farmers face due to wastage issues that benefit thousands of farmers across our nation,” explains Mr. Loyd.
AvoVeg Health is poised to invest an initial $20 million in this value-add project by the third quarter of 2024. This substantial investment highlights the company’s commitment to transforming the agricultural sector in Kenya. “Why Kenya? My President, Honorable Ruto, has joined me as a CEO in thinking like a CEO,” says Mr. Loyd, emphasizing the strategic alignment with President Ruto’s vision for economic growth and innovation.
The background to this significant investment is rooted in Mr. Loyd’s extensive entrepreneurial experience, spanning over three decades in various sectors, including minerals in the Democratic Republic of Congo, real estate in Rwanda, and agriculture in Kenya. His leadership at AvoVeg Health has already seen the company invest over $10 million in its fresh produce line. Now, the company is set to embark on an unprecedented mega-value add project, the first of its kind in East and Central Africa.
This project involves deploying a state-of-the-art guacamole processing machine in Kenya, a technological breakthrough that will drastically reduce avocado wastage and significantly boost the local economy. “This groundbreaking technology will significantly benefit thousands of farmers across Kenya by reducing avocado wastage and adding considerable value to the local economy,” Mr. Loyd asserts.
AvoVeg Health’s efforts align perfectly with the Kenyan government’s top-up approach and value-added objectives, marking a significant step towards achieving sustainable agricultural development. As a testament to the company’s dedication, Mr. Loyd has secured over $20 million in initial funding, positioning AvoVeg Health as the lead investor in this transformative venture.
However, Mr. Loyd recognizes the importance of government support in realizing this ambitious project. In a recent correspondence, he expressed the need for a brief meeting with President William Ruto to resolve critical issues hindering the project’s progress. “Your assistance in facilitating this meeting would be invaluable in ensuring the success of this groundbreaking project and the continued growth of Kenya’s agricultural sector,” Mr. Loyd appeals.
In conclusion, AvoVeg Health under the leadership of Mr. Nathan Loyd is not just an agricultural company; it is a beacon of innovation, investment, and progress. With strategic alignment with the Kenyan government and substantial financial backing, AvoVeg Health is set to transform the agricultural sector, bringing immense benefits to Kenyan farmers and the broader economy. The company’s journey is a testament to the power of visionary leadership and the potential for transformative growth in Kenya’s agricultural landscape.
For more information, please contact: Nathan Loyd AvoVeg Health Kenya Limited Avoveg Complex, Kabansora Road off Old North Airport Road Embakasi, Nairobi P. O. Box 19515 – 00202 Nairobi – Kenya Email: na****@av****.com
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