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    Agrihouse Foundation’s 8th WOFAGRIC and the Gold in the Soil Awards recieves over 200 nominations

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    Gold in the Soil Awards Spotlight: How Rosina Ankunwanab Is Bringing Farm Inputs Closer to Women Farmers in West Gonja

    Gold in the Soil Awards Spotlight: How Rosina Ankunwanab Is Bringing Farm Inputs Closer to Women Farmers in West Gonja

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    Gold in the Soil Awards: A Lens on Justina Blessing Asaktimbe’s Efforts to Empower Women Farmers and Transform Agriculture in West Gonja

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    “Start Small, Stay Committed, and Success Will Follow” – 63-Year-Old Farmer Encourages Youth

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    Opinion: AGRA-FAO National Youth Dialogue Reminds Us That Youth and Women’s Inclusion Is Fundamental to Sustaining Agrifood Systems

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    The Journey Of Impact With Yara: The Story Of Wofagric And The Gold In The Soil Awards

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    Farming Extends far Beyond Traditional Perceptions of Manual Labour – Agripreneur

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    Avocado: Ghana’s Next €2billion Export Win – Elikem Desewu Writes

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    I Just Want Transport to Get My Produce to Market” – Woman Farmer with Disability Plea for Support

    Agrihouse Foundation’s 8th WOFAGRIC and the Gold in the Soil Awards recieves over 200 nominations

    Agrihouse Foundation’s 8th WOFAGRIC and the Gold in the Soil Awards recieves over 200 nominations

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    Global Affairs Canada Renews Commitment to Inclusive Agricultural Growth at WOFAGRIC 2026

    Global Affairs Canada Renews Commitment to Inclusive Agricultural Growth at WOFAGRIC 2026

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    Damango to Host the 8th WOFAGRIC and Gold in the Soil Awards as Ghana Champions Rural Women’s Agricultural Empowerment

    AGRA pushes for Stronger Youth Participation in Ghana’s Flagship Agricultural Programs Through its AAYS and YAPI Pillars

    AGRA pushes for Stronger Youth Participation in Ghana’s Flagship Agricultural Programs Through its AAYS and YAPI Pillars

    Market sees strong appetite for COCOBOD bond but pricing will be key

    Market sees strong appetite for COCOBOD bond but pricing will be key

    Communities embark on study tour to explore dry-season irrigation solutions

    Communities embark on study tour to explore dry-season irrigation solutions

    CIRAWA Agroecology Conference backs nature-based solutions to improve food systems 

    CIRAWA Agroecology Conference backs nature-based solutions to improve food systems 

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    From Advocacy to Impact: 6th Ghana Poultry Day Spearheads Industry Growth, Distributes 1,000 Day-Old Chicks to Boost Local Production

    42nd National Farmers’ Day Launched; Bono Region to Host Main Event on December 4

    42nd National Farmers’ Day Launched; Bono Region to Host Main Event on December 4

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    60 SMEs trained to strengthen Ghana’s biofortified maize value chain

    Government nears US0 million oil palm financing deal 

    Government nears US$500 million oil palm financing deal 

    COCOBOD bill to establish new financing framework for cocoa sector   

    COCOBOD bill to establish new financing framework for cocoa sector   

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    UENR research reveals indiscriminate antibiotic use in fish farming

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    Influx of imported food products threaten Ghanaian farmers – Dr Nyaaba

    Influx of imported food products threaten Ghanaian farmers – Dr Nyaaba

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    FAO hands over vehicles, laboratory reagents to Agric Ministry  

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    70-year Field Study finds Fertilizer Imbalance can Halve Mycorrhizal Fungi

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    Why too much Phosphorus in Our Farmland Pollutes Our Water | Column

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    KIC School Farm Awards 2025 Set to Inspire a New Generation of Agripreneurs

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    Ghana’s school gardens/farms need more than good intentions – Alfred Adjabeng writes

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    Students experience practical agriculture through Tilly’s Farm Porktober programme

    A/R: Agrinvest and KITA expand mechanization access for young agripreneurs under YEFFA

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Home International Trends News in Africa

Kenyan avocado cold storage startup seeks US$1.5 million expansion funding

by Agriwatch
May 28, 2026
in News in Africa
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Kenyan avocado cold storage startup seeks US.5 million expansion funding
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SokoFresh, a Kenyan company focused on solar-powered cold storage systems, is preparing a fundraising round as it expands operations linked to the country’s avocado export sector.

Kenya produces more than 500,000 tons of avocados annually and exports larger volumes than South Africa, Africa’s largest exporter by value. According to the company, around 80% of Kenya’s avocado production comes from smallholder growers with limited access to refrigeration infrastructure.

“From the moment the fruit is plucked, it’s a race against time,” said Stephen Katingima, chief operating officer at SokoFresh. The “cold chain buys you time.”

The company said longer shipping times linked to disruptions in Middle East trade routes have increased the importance of cold chain infrastructure for exports to Europe, Kenya’s main avocado export market.

SokoFresh uses solar-powered cold rooms to extend avocado shelf life during storage and export handling. According to chief executive officer Denis Karema, refrigerated fruit can remain marketable for up to three weeks after arrival abroad, compared with around one week without cold storage.

Founded in 2019, the company now operates more than 32 cold storage facilities across Kenya serving avocado and fresh produce growers. Its aggregation hub in Kiambu County has a storage capacity of more than 140 tons and works with around 2,500 avocado growers.

The Kiambu facility received partial funding through a grant from the Global Energy Alliance for People and Planet, which also received support from the Rockefeller Foundation. Technical assistance was provided by Clasp, a Washington, DC-based nonprofit focused on energy efficiency.

According to the company, growers working with SokoFresh have increased yields by more than 20% while reducing post-harvest losses by up to 40%. Export-grade avocados can sell for as much as 120 Kenyan shillings (US$0.93) per kilogram, compared with between 50 and 70 Kenyan shillings (US$0.39-US$0.54) for fruit sold without refrigeration access.

SokoFresh is currently preparing a funding round to support further expansion.

“We are kind of doing a pre-series raise right now. We are looking to raise about US$1.5 million,” Katingima said. “That’s setting us up for a Series A of about US$10 million and above for 2027.”

The company is also encouraging growers to plant export-focused avocado varieties including Hass and Fuerte, while promoting avocado production alongside tea farming systems.

“The margin between what you get here for export grade and oil grade is quite huge,” Katingima said.

Source: Financial Post

Frontpage photo: © Martin Leber | Dreamstime

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