NAIROBI, Kenya, Feb 4 – The International Finance Corporation (IFC) is considering a senior loan of up to Sh1.8 billion to Star Bright Holdings Limited to finance expansion and sustainability upgrades at its flower farms in Kenya and Ethiopia. IFC has classified the project under Environmental Category B, meaning the environmental and social risks are considered limited and manageable. Star Bright, which is domiciled in Mauritius, operates 10 flower farms in Kenya and Ethiopia and produces about 220 million flower stems annually, mainly for export to European and Asian markets. The group also sources flowers from partner farms in Tanzania and Zimbabwe. The proposed investment was disclosed on January 30, 2026, with an IFC board decision expected by March 31, 2026.
