The Cassava Investment Project aims to expand cassava farming from 7 acres to 150 acres in Kilifi County, Kenya, within 7 years. This expansion will increase cassava production, establish processing and trade centers, and contribute to food security and economic development in the region. Cassava is a vital food crop globally, feeding over 800 million people. In Kenya, it plays a crucial role in food security, particularly in semi-arid regions like Kilifi. The Kenyan government has identified cassava as a priority crop for economic diversification. The global cassava market is valued at approximately USD 40 billion and is projected to grow at a CAGR of 4.6% from 2023 to 2030. Key drivers include the demand for gluten-free products, biofuels, and industrial starch. Kenya currently exports a small percentage of its cassava production, but increasing global demand presents significant opportunities for expansion. The European Union and China have shown growing interest in cassava-derived products. The project envisions positioning cassava as a major staple crop for local and regional markets by building a sustainable value chain from production to processing and trade. The goal is to establish Kilifi as a hub for cassava production in Kenya, with a focus on quality and export potential.

Agriculture

Loan

6000000

USD

Feasibility study

Kilifi