Kenya’s maize sector has faced recurring challenges from erratic rainfall, high input costs and logistical bottlenecks, even as the government promotes subsidized fertilizer and seed programmes to boost domestic production.
The new rice mill is expected to strengthen local milling capacity, improve packaging efficiency and support Nigeria’s drive to achieve greater self-sufficiency in rice production.
The project is designed to expand the mill’s grain storage volume, improve lot segregation, and enhance blend preparation ahead of milling, thereby strengthening Molini Valente’s ability to produce consistent, high-quality flours for diverse bakery applications.
West Africa’s pasta market remains underpenetrated relative to global benchmarks, but its growth rate places it among the most closely watched categories in the region’s food sector.
The deal builds on Novonesis’ original 2013 investment in MicroBioGen and its current 23% stake in the Sydney-based firm, extending a collaboration between the two companies that spans more than a decade.