Africa Mega Agricultural Corp Plc, the Nairobi-listed agribusiness formerly known as Kenya Orchards, is stepping onto a larger global stage after securing an agreement at Gulfood Dubai to onboard more than 1,500 international buyers onto its digital commodities exchange.
- •The move marks a critical phase in the company’s evolution from a traditional food processor into a tech-driven regional agricultural trading platform.
- •The agreement is central to AMAC’s strategy to leverage Dubai as a gateway for global buyers of African commodities.
- •The company did not disclose the identities of the onboarded buyers, expected transaction volumes, or the projected impact on revenue.
Chief Executive Abraham Ng’etich noted that the Dubai deal accelerates global buyer participation and improves price discovery for African exports. By routing aggregation and settlement through Dubai, the company aims to deepen market liquidity while reducing counterparty and settlement risk for all participants.
The Gulfood agreement does not involve any change in its shareholding structure or corporate control. AMAC maintains a registered Dubai subsidiary to support escrow services and warehousing.
The company’s digital platform is designed to connect vetted exporters, institutional buyers, logistics firms, and financial institutions within a single ecosystem. It facilitates structured trade across fresh produce, long-life exports, food imports, and domestic FMCG distribution. Standardized workflows embed compliance checks, settlement controls, and collateral management directly into the trade data.
However, the announcement stopped short of providing granular financial details. Execution is subject to customary operational and regulatory processes, leaving it unclear whether these agreements represent binding trading commitments or early-stage onboarding frameworks.
This expansion builds on a wider transformation completed in 2024, when the business rebranded and pivoted away from legacy agro-processing toward market infrastructure.
