Douglas Mwiti 
- Norfund and Irvine’s Group Ink USD 18 Million Investment to Boost Poultry Operations and Strengthen Food Security in Africa:
The equity investment will scale high-impact poultry operations in Kenya, Tanzania, Botswana and Mozambique.
In a strategic move to enhance food security and scale sustainable poultry operations in Sub-Saharan Africa, Norfund (the Norwegian development finance institution) and Irvine’s Group have signed a USD 18 million financing agreement to expand
operations in high-impact poultry initiatives.
The investment in Buchan Limited, the Group’s holding company for its operations in Tanzania, Botswana, Mozambique, and Kenya, will enable Irvine’s, already a leading poultry breeder and supplier of broiler Day-Old Chicks (DOCs) and high-quality poultry feed across Sub-Saharan Africa, to further scale operations in East Africa.
As part of the agreement, Irvines Group, in a joint venture with its long-time partner Cobb, will establish an ultra-modern grandparent farm in Tanzania.
This facility will breed parent stock and help reduce the timeline and logistical challenges of iimportation, thereby increasing the cost competitiveness and ensuring the reliability of the supply chain throughout Africa.
Speaking during the partnership announcement in Nairobi, Kenya, Norfund Regional Director, East Africa, William Nyaoke, said that the partnership aligns with Norfund’s commitment to foster sustainable food systems and the shared vision of both organisations to strengthen food security and make agribusiness a driving force for Africa’s economic prosperity.
“Irvine’s contribution to promoting agribusiness value chains has been instrumental in creating long-term employment for the youth, particularly in rural areas, thereby driving economic empowerment and enhancing livelihoods.
By scaling production capacity and strengthening the local supply chains, Norfund’s investment will improve their capability to serve more smallholder farmers and create new jobs for East Africa’s fastgrowing youth population,” Mr. Nyaoke said.
As a key supplier of DOCs and feeds to small-scale farmers, the partnership with Norfund will enhance Irvine’s total offering through increased feed and chick production, expanded technical assistance, and broader distribution networks.
Additionally, Irvine’s Group will increase its procurement of essential grains, including maize and soybeans, providing further support to local farmers and strengthening regional agricultural commodities value chains.
Norfund and Irvine’s Group Ink USD 18 Million Investment to Boost Poultry Operations and Strengthen Food Security in Africa The equity investment will scale high-impact poultry operations in Kenya, Tanzania, Botswana and Mozambique.
In a strategic move to enhance food security and scale sustainable poultry operations in Sub-Saharan Africa, Norfund (the Norwegian development finance institution) and Irvine’s Group have signed a USD 18 million financing agreement to expand operations in high-impact poultry initiatives.
The investment in Buchan Limited, the Group’s holding company for its operations in Tanzania, Botswana, Mozambique, and Kenya, will enable Irvine’s, already a leading poultry breeder and supplier of broiler Day-Old Chicks (DOCs) and high-quality poultry feed across Sub-Saharan Africa, to further scale operations in East Africa.
As part of the agreement, Irvines Group, in a joint venture with its long-time partner Cobb, will establish an ultra-modern grandparent farm in Tanzania.
This facility will breed parent stock and help reduce the timeline and logistical challenges of
importation, thereby increasing the cost competitiveness and ensuring the reliability of the supply chain throughout Africa.
Speaking during the partnership announcement in Nairobi, Kenya, Norfund Regional Director, East Africa, William Nyaoke, said that the partnership aligns with Norfund’s commitment to foster sustainable food systems and the shared vision of both organisations to strengthen food security and make agribusiness a driving force for Africa’s economic prosperity.
“Irvine’s contribution to promoting agribusiness value chains has been instrumental in creating long-term employment for the youth, particularly in rural areas, thereby driving economic empowerment and enhancing livelihoods.
By scaling production capacity and strengthening the local supply chains, Norfund’s investment will improve their capability to serve more smallholder farmers and create new jobs for East Africa’s fastgrowing youth population,” Mr. Nyaoke said.
As a key supplier of DOCs and feeds to small-scale farmers, the partnership with
Norfund will enhance Irvine’s total offering through increased feed and chick production, expanded technical assistance, and broader distribution networks.
Additionally, Irvine’s Group will increase its procurement of essential grains, including maize and soybeans, providing further support to local farmers and strengthening regional agricultural commodities value chains.
