Nairobi-based pyrethrum company Kentegra Biotechnology will receive Sh2.1 billion (USD 15 million) in equity and loan financing from Finnish development financier Finnfund and the United States Development Finance Corporation (DFC) to expand the firm’s production of pyrethrum flowers and revive the sector.
Kentegra Biotechnology produces and sells pyrethrin extracted from dried pyrethrum flowers to global insecticide and pesticide manufacturers.