Limbua Group

Subsidy : February 2026

BIO has granted 141.025 EUR of technical assistance to Limbua Group, a Kenyan company active in the sourcing, processing and distribution of macadamia nuts, mango and avocado.

Amount

€ 141,025.00

Type of investment

Subsidy

Beneficiary locations

Africa: Kenya

Investment field

Enterprises

Activity

AA AGRICULTURE, FORESTRY AND FISHING

Organisation

Limbua Group

Website

https://www.limbua-group.com/en

Domicile

Kenya

More investments in

Limbua Group

Debt € 2,000,000.00 (2025)

The company sources from almost 10,000 smallholder farmers (“SHFs”) and focuses on sourcing produce of the highest quality to be sold in the premium, organic segment in Europe and some other international markets. Nuts and fruits sourced by Limbua are traceable and 100% organic certified. Limbua employs over 60 field agronomists who support farmers through training and technical assistance. All farmers are registered on Limbua’s platform, which enables the company to trace their produce back to each crate and helps them track farmer outputs as well as identify diseases or non-organic practices.

Limbua received a EUR 2M loan from BIO to finance capex investments for their macadamia processing and mango drying facilities as well as permanent working capital that is needed to grow the smallholder farmer base. The aim of Limbua is to grow their supplier base with ~1,000 SHFs a year.

Technical assistance

The project aims to strengthen LIMBUA Group’s financial management capacity by co-financing:

The identification of a suitable candidate for the Chief Financial Officer (CFO) position through a recognized external recruitment agency (€18.525 funded by the Belgian state, representing 50% of the budget).
The deployment of an experienced expert to perform key CFO-level functions, with a primary focus on building sustainable internal capabilities (€122.500 funded by the European Union, representing 50% of the budget).

This support targets LIMBUA Group and its subsidiaries operating in Kenya and Germany, where the complexity of cross-border financial consolidation, compliance, and reporting requirements has increased significantly.