Almost Half Of All Fresh Flowers In Europe Come From Kenya, And These Investors Want In

Agri-Vie, an agribusiness private equity fund that focuses on sub-Saharan Africa, said this week that it has invested $5 million in Kariki Group, a Kenyan company that exports fresh flowers to such countries as Europe, the U.S. and Japan. "It's a strong competitive industry," Agri-Vie CEO Herman Marias told CNBC Africa. Marias added that his fund typically invests in agriculture projects around the continent but was especially drawn to Kariki's unique business in one of the country's largest exp...