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Mirova commits $19 mn to expand sustainable cold-chain logistics in Kenya
['Our Correspondent']
Africa Aviation News, Supply Chain & Railway Updates | Logistics Insights
Mirova has agreed to invest USD 19 million in Cold Solutions Kiambu (SEZ) Limited to support the development of sustainable agri-solar logistics and strengthen energy-efficient cold chain infrastructure in Kenya.
The funding will help expand temperature-controlled warehouse and logistics services, boost food security, and reduce food loss and waste in the region.
Cold Solutions Kiambu specialises in temperature-controlled warehousing and logistics for agricultural and pharmaceutical products.
With Mirova’s financing, the company will enhance energy-efficient refrigeration systems that support both food and health supply chains.
John Kimotho, Investment Director at Mirova Kenya, said the financing demonstrates the Gigaton Fund’s aim to accelerate climate-focused solutions in emerging markets.