Kreamit Milky Ltd, a Kenyan-based limited company established in 2019, focuses on the processing, packaging, and marketing of high-quality milk and dairy products for both local and international markets. Strategically located in Kericho County, the company benefits from the region's abundant milk supply, with Kericho producing approximately 190 million liters of milk annually, of which Animoi sub-county contributes 16%. Despite this significant production, only 16% of the milk is processed formally, with the majority being marketed in its raw form, leading to substantial losses due to spoilage during times of overproduction. Kreamit aims to address these challenges by enhancing the dairy industry through the processing of milk into nutritious products and powders, thereby improving the livelihoods of dairy farmers and consumers alike. The company's objectives include increasing incomes for rural milk producers, diversifying markets, and fostering socio-economic development in rural areas. With the Kenyan government prioritizing the dairy sector under the Bottom-up Economic Transformation Agenda (BETA), which aims to double milk production and expand dairy exports, Kreamit is well-positioned to contribute to these goals. The dairy industry in Kenya is valued at USD 2 billion, accounting for 12% of the agricultural GDP, and supports around 1.8 million smallholder households. Kreamit Milky Ltd not only seeks to enhance its processing capacity, which has already increased from 702 million liters in 2020 to 801 million liters in 2021, but also aims to tap into the export potential of various dairy products across multiple regions, including East Africa and the Gulf Cooperation Council countries. With a daily production capacity of 700,000 liters, Kreamit is poised to make a significant impact on the dairy sector and improve the standards of living for both producers and consumers.

Agriculture

Equity Investment

209790

USD

Growth