using the vast land for real estate development

Kenya: Magana Flowers shuts down

After 25 years in the floriculture industry, Magana Flowers decided to close the doors of their farm in Nairobi, Kenya. It might seem to have been quite an abrupt end as they just rebranded last October. "The industry has gone through significant changes which have greatly affected Magana Flowers and on review of our business, we find that it is no longer possible to continue with our business operations based on the current business model. It is with this consideration that the Board of Magana Flowers has decided to restructure the company’s operations by ceasing the production and export of flowers", the company announced on July 30th.

However, in this statement, it was not mentioned how they would continue. On September 3, Standard Media reported that they will be using the vast land for real estate development.

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