The award- winning Africa Plantation Capital – one of the APC Group’s associated companies – has now expanded its operations in Kenya with the acquisition of one more large piece of land for the creation of Phase 2 of its high value bamboo plantation operations.
From inception, it has been the Group’s policy to invest in research and development, and examine the latest technologies in order to create new products and markets. In line with this policy, Africa Plantation Capital, together with KEFRI, is now ready to start a pilot programme to study the possibility of growing agarwood in the coastal region. After working together for some months, the two institutions are now in the final stages of efforts to import seeds from Africa Plantation Capital’s operations in Asia, and start an exciting and innovative project that could open new horizons in Kenya’s sustainable agroforestry sector. This will go a long way to establishing a new market with excellent potential returns.
Mr Kosta Kioleoglou, Africa Plantation Capital’s Regional Managing Director, stated that despite the challenges faced at the start of its operations in the region, the company’s growth has been remarkable and even exceeded initial expectations.
“We are now focusing on building on the success of Phase 1, and we aim to do this by keeping to our initial targets. This is all part of our five-year plan, and from the success we have already achieved, we feel ready to expand in the region. Uganda and Rwanda will follow our achievements in Kenya, and we have already started setting up the processes to facilitate this. For now, though, we hope that the upcoming election period will end without problems for the country, and that we will be able to continue on course without distractions.”
Africa Plantation Capital is leading the way in sustainable plantation management, establishing top quality bamboo plantations, fully licensed by NEMA, WARMA and all relevant Kenyan authorities and is now ready to start operating under the ISO 9001/2015 standards for ‘Quality Plantation Management’ by UKAS, after the conclusion of the certification process of auditing from Bureau Veritas.
