Origen Fresh EPZ Limited
Status: Proposed investmentWhy disclosure?
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In case of questions
We welcome feedback on this proposed investment opportunity for FMO. The ending of the proposed investment phase is indicated on the right side of this page. In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our prospective customer?
Origen Fresh EPZ Limited ("Origen") is a Kenya based producer of avocado oil. Established in 2020, the company has positioned itself as a leading producer of organic and conventional avocado oil in East Africa. Origen sources avocados from smallholder farmers and aggregators in the region, processes them into avocado oil, which it then supplies to clients in North America, Europe and Asia.
What is our funding objective?
The proposed USD 11.5 million term debt facility (USD 10 million committed and USD 1.5 million uncommitted) aims to support Origen's expansion through the construction of a solvent extraction plant, which will enable the company to recover more avocado oil from avocado pomace. In addition, the project will allow the company to transition from firewood to pomace-based energy, contributing to cleaner, sustainable, and resource-efficient operations.
Why do we want to fund this investment?
The proposed investment will (1) support Kenya's inclusive local economic development by supporting the growth of a company that ensures market access for a significant number of smallholder avocado farmers and (2) enable Origen to establish a circular and resource-efficient business model by reducing waste and maximizing the use of agricultural by-products. Additionally, the proposed investment will enable Origen to (1) produce more avocado oil and (2) improve its environmental performance through lower carbon emissions due to reduced reliance on firewood.
What is the Environmental and Social categorization rationale?
The project has been classified as Category B+. The environmental and social risks identified are considered manageable through appropriate mitigation measures and resource capacity which FMO will help implement through a targeted Environmental and Social Action Plan (ESAP). Key risks relate primarily to labor and working conditions, occupational health and safety, pollution prevention, waste management, supply chain biodiversity, and physical climate risks. The project triggers IFC Performance Standards (PS) PS1 (Assessment and Management of Environmental and Social Risks and Impacts), PS2 (Labor and Working Conditions), PS3 (Resource Efficiency and Pollution Prevention), PS4 (Community Health and Safety), and PS6 (Biodiversity Conservation and Sustainable Management of Living Natural Resources).
More investments
| Date | Total FMO financing |
|---|---|
| 5/12/2026 | USD 5.00 MLN |
- Website customer/investment
- https://origenfreshafrica.com/
- Region
- Africa
- Country
- Kenya
- Sector
- Agribusiness, Food & Forestry
- Publication date
- 5/12/2026
- Deadline for feedback
- 7/11/2026
- Total FMO financing
- USD 10.00 MLN
- Funding
- LUF
-
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - B+