Lionpro Group
On August 15th, 2025, MIGA issued a guarantee of up to USD 9 million to SIA “L. J. Linen” of Latvia to cover its equity and quasi-equity investments into Lionpro Group (K) Limited (Lionpro) in Kenya. The guarantee covers the
Manufacturing and Services
Host Country
Kenya
Guarantee Amount
$9 million
Sector
Manufacturing and Services
Approval Date
July 27, 2025
Project Status
Active

Project Description

On August 15th, 2025, MIGA issued a guarantee of up to USD 9 million to SIA “L.J. Linen” of Latvia to cover its equity and quasi-equity investments into Lionpro Group (K) Limited (Lionpro) in Kenya. The guarantee covers the risks of transfer restriction, expropriation, war and civil disturbance for a period of up to 10 years. Lionpro is expanding its operations in Kenya to strengthen the supply chain for high-quality animal and vegetable proteins and fats used in animal feed production. The company provides full-cycle logistics services including import clearance, sourcing, transportation, storage, mixing, re-bagging, quality testing, and sales. The products serve as critical inputs for small and medium-sized enterprises (SMEs) in the livestock and aquaculture sectors. The project will support Lionpro’s investment in inventory, equipment and digital infrastructure. 

Environmental Categorization

The Project is 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 generate significant development impact in Kenya’s agribusiness sector. By improving access to high-quality and affordable animal feed, the project will enhance productivity and profitability for smallholder farmers and feed millers, contributing to food and nutrition security. The project will support the creation of 120 new jobs, with a focus on women and youth, and will reach approximately 1,400 new customers, most of whom are smallholder farmers.

Lionpro’s operations will strengthen local supply chains and reduce reliance on imported inputs, thereby enhancing market resilience. The company has committed to a Gender Action Plan that includes partnerships with women-focused agricultural networks.

The project aligns with the World Bank Group’s Country Partnership Framework for Kenya (FY23–28), particularly objectives related to MSME development, agricultural transformation, and climate resilience. It also supports the Food Security and Nutrition Global Challenge Program by strengthening food systems and supply chain resilience.

MIGA’s guarantee will mobilize private capital and provide critical risk mitigation to support the investor’s confidence. In addition, MIGA intends to provide technical assistance through the Fund for Advancing Sustainability (FASTF) to support the development of Lionpro’s environmental and social management systems. 

Project ID
15428
Guarantee Holder
SIA “L.J. Linen”
Investor Country
Latvia
Environmental Category
B
Date SPG Disclosed
May 27, 2025
Board Approval Date
July 27, 2025
Project Type
Non-SIP
Fiscal Year
2026
Region
Europe and Central Asia (ECA)

Delivering Development with Transparency and Integrity

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