Kenyan seed firm ‘on brink of collapse’ on huge debt by Rwanda
The Kenya Seeds Company store in Nakuru City in this photo taken on March 12, 2025. The firm's subsidiary in Rwanda is on the brink of collapse following years of debt owed by the Rwandan government.
Business and Technology Reporter in Nairobi, Kenya
Nation Media Group
A Kenyan state-owned firm operating in Rwanda is on the brink of collapse following years of debt owed by its primary customer – the Rwandan government.
The Kenya Seed Company Rwanda Ltd, a subsidiary of the Nairobi-based agricultural seed firm, is now operating at a negative shareholder funds of Ksh40.3 million ($311,966) after years of losses.
