Lionpro Group

Project Description

This summary relates to an application made by SIA “L.J. Linen” of Latvia (LJL) to cover its US$11.0 million equity and quasi-equity investment into Lionpro Group (K) Limited (Lionpro or the Project Enterprise) in Kenya. The cover to be provided is against the risk of currency Transfer Restriction & Inconvertibility (TR), Expropriation (EXP), and War and Civil Disturbance (WCD) for a period of up to 10 years. 

The project entails an expansion of Lionpro's existing operations in Kenya, offering a full-cycle logistics service for sourcing and distribution of premium animal and vegetable proteins and fats used in animal feed production (the Project). The operations include goods import clearance, transportation, storage, mixing, re-bagging, quality tests, educational seminars, and sales to the end customer. The products serve as critical agricultural inputs to local Small and Medium Enterprises (SMEs) of animal and fish feed millers and farms to carry out sustainable livestock operations. 

Environmental and Social Categorization 

The Project is a Category B under MIGA’s Policy on Environmental and Social Sustainability (2013). Click here to view the Environmental and Social Review Summary.

Development Impact 

The Project is expected to enhance livestock productivity in Kenya, by ensuring a consistent supply of high-quality and competitively priced animal feed ingredients. This will be achieved by improving the availability of critical ingredients for local feed millers and farmers, thereby increasing farmers' efficiency and productivity, and, in turn, contributing to the country’s food and nutrition security. These nutrients contribute to healthier and more productive livestock, increasing animal weight, improving meat quality, and positively impacting reproductive and growth performance. The Project will also provide capacity building (know-how and training) to animal feed producers. The Project is expected to reach around 1,400 new customers, including feed mills and farmers, improving their access to essential feed ingredients.