The firm said Nairobi will now serve as the region's distribution unit and operations head office.
New York Stock Exchange-listed agricultural company Corteva
Agriscience has apparently ditched Nairobi for its seed production
business and instead opted for Lusaka, Zambia.
Hardly
five months after it named Nairobi as its regional hub for Eastern,
Central and Southern Africa countries, the US firm made a U-turn,
setting a production unit in Lusaka.
In a statement
issued last week Corteva Agriscience said Zambia will be its chosen seed
production hub for the region, supplying seed to countries like Kenya,
Tanzania, Rwanda, Uganda Ethiopia and Zimbabwe.
“Clearly
Zambia is on the move, and a very, very important site for Corteva
Agriscience. For us, quality seed and making sure farmers get the best
product is most important, and this site is testament to that. We are in
the business of enriching the lives of our farmers,” the firm’s
president for Africa and Middle East Prabdeep Bajwa said in a statement.
Last
September, Corteva announced plans to set a regional base in Kenya,
adding it was working with State and research institutions “to harness
expertise that would assist the small-scale farmer maximise on his land
in line with the food security pillar in the Kenya government Big Four
Agenda.
Asked by the Business Daily what became of plan for Kenya, the
firm said Nairobi will now serve as the region's distribution unit and
operations head office.
Of late, foreign firms incorporated in Kenya have complained of high taxation and poor policies.
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