PROJECT

Projects

Summary of Investment Information

Project Number

51429

Company Name

Star Bright Holdings Limited

Date SPI Disclosed

Jan 30, 2026

Country

Kenya

Region

Africa

Projected Board Date

Mar 31, 2026

Environmental Category

B - Limited

Status

Pending Signing

Last Updated Date

Apr 4, 2026

Department

Regional Industry - MAS Africa

Industry

other

Previous Events

Approved : Apr 3, 2026

Sector

Flowers and Ornamental Plants

Project Description

The proposed investment is a senior loan of up to €11 million to Star Bright Holdings Limited (“Star Bright” or the “Group”) for its capital expenditure at its Kenya and Ethiopia farms and across group operations including but not limited to environmental and sustainability initiatives such as setting up water recycling at the packhouses and installation of energy efficient lighting (together “the Project”).

Star Bright, domiciled in Mauritius, specializes in summer flowers production in East and Southern Africa under the “Marginpar” brand. The Group operates 10 flower farms in Kenya and Ethiopia, with a production output of ~220 million stems a year that are exported to the Europe and Asian markets. In addition, the Group sources flowers from three partner farms in Tanzania and four partner farms in Zimbabwe.

Associated Advisory Engagement

To be discussed with the Group.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation