Investments, Acquisitions and Funding

The commission approved the vertical merger subject to conditions aimed at preserving competition in the flour market, protecting rival bakeries and limiting merger-related job losses.

Construction is expected to begin in the coming weeks, with the facility targeted for completion in fall 2028.

Kenya’s heavy dependence on imported rice is creating a major opportunity for domestic farmers and processors, with a new market-led private-sector initiative seeking to expand production, strengthen post-harvest handling and increase local milling capacity.

The initiative focuses on rehabilitating traditional oil palm plantations, establishing modern refining capacity, and enhancing local value addition to meet surging national and regional demand for edible oils.

For the fertilizer and agricultural sector, the acquisition could create opportunities to combine Omnia’s established crop-nutrition portfolio and African market presence with Solar Industries’ international expansion strategy.