Avocado Boom: Murang’a Youth Thriving by Adding Value



Wilson Mwangi categorizes avocados at his modest facility in Kiria-ini, Mathioya, within Murang’a County.

Wilson Mwangi, aged 30, is among the numerous young individuals making their livelihood from the avocado industry.

After finishing his higher education, the young man launched a venture involving the brokerage and transportation of fruit from farms to processing facilities.

Mwangi was making a good income from the industry up until 2023, but then production declined sharply as the demand for the fruit increased significantly.

“I found it difficult to load the pickup truck with the fruit because shipping a partially filled vehicle was too costly, leaving me without any profit,” he explained.

However, while he awaited additional fruit supplies, the produce he had initially purchased from local farmers went bad, ultimately resulting in him giving it all to his pigs instead.

Struggling with setbacks, Mwangi needed to discover another method of generating income from his crops and opted to begin enhancing the fruit’s worth.

Given his constrained resources, Mwangi, an individual with expertise in plant operations, devised a manual setup capable of extracting oil from the fruits.

“I started with extensive research to grasp the process of extracting oil from avocados and to understand how pressing machines function,” he explained.

He then engaged a local jua kali artisan to establish the small plant, which is operated using hands.

Later, Mwangi established an office in Kiria-ini town within the Mathioya subcounty area, naming it Ewims Farm Enterprises.

Achieving parity was not an effortless feat, as the residents found it challenging to accept the new oil when he promoted it primarily as a cosmetic for enhancing skin and hair.

“He mentioned that he employed local young people for aggressive marketing campaigns aimed at informing residents about the advantages of avocados oil.” He also noted that the majority of his clientele consists of women.

Gradually, the perception began to shift, and people started purchasing it.

Mwangi stated that the enterprise has expanded and now provides employment for 20 local young people, who purchase avocados directly from farmers.

The young individuals have been educated to guarantee that solely ripe fruits are picked.

A different group consisting of 20 individuals is involved in processing the fruit and pressing the oil at the facility. Once the fruits arrive at the plant, they are placed in a storage area where they are permitted to fully ripe.

The selected items are sorted; those that have gone bad are discarded, whereas the mature ones undergo cleaning where their pulp is extracted, crushed, and kneaded. Following this process, they are left to dry under the sun prior to being fed into a press for extracting the oil, which is subsequently gathered and bottled in sizes of 65 ml and 120 ml.

“In just seven days, we generate approximately 20 liters of avocado oil, which we sell at Sh250 per 65 ml bottle and Sh500 for the larger 120 ml size,” he explained.

Our primary market is right here locally, but as we grow, we’re also making headway into the adjacent counties.

Mwangi has been involved in enhancing farmers’ skills to guarantee that only fully organic produce is supplied, as demand for health-conscious items increases.

Muranga County has taken the lead in promoting agroecology, encompassing practices like organic farming, as a means to reduce the prevalence of diseases among its inhabitants.

The study revealed that Murang’a was one of the counties with the highest rates of noncommunicable diseases.

Consequently, numerous farmers have turned to organic farming practices and avoided using damaging agricultural chemicals. Mwangi, who owns an orchard of 200 avocado trees, mentioned that he intends to obtain an automated press machine which would enable him to increase oil production.

“I have access to foreign markets, particularly in China, however, I’m not able to produce sufficient quantities for exporting the oil,” he stated.

He purchases the fruit at Sh15 per kilogram, and unlike other processors, he harvests all ripe fruits without extensive sorting since they are not intended for direct consumption.

He urged youths to try their luck in small and medium enterprises, saying it’s the only way to improve their lives while creating employment for others.

Alfred Kimani, who is among the young people involved in purchasing avocados from farmers, mentioned that he previously worked as a boda boda rider.

When Mwangi initiated the small plantation, Kimani seized the opportunity since he already owned a motorcycle which he used for transporting fruits from the farms.

“This job is simpler and yields better profits. All I need to handle is hiring harvesters and arranging for the fruit transportation to the factory,” he explained.

Muranga County leads as the top avocado producer in Kenya, offering locals a chance to participate in the fruit’s supply network.

The county is home to over 96,000 avocado farmers who presently yield approximately 500 metric tons each year.

The trend became widespread under the administration of ex-Governor Mwangi wa Iria, who provided over two million Hass avocado seedlings, allowing cultivators to transform it into an income-generating plant.

Previously, many rural homes grew only a small number of avocado trees to complement their family’s nutrition and make some additional income. Brokers often purchased these avocados for as little as KES 2 each, which was considered a minimal amount.

The local administration helped establish the Murang’a Avocado Farmers’ Association, enabling growers to participate in direct agreements with processing companies and export firms, thereby increasing their earnings to as much as 70 Kenyan shillings per kilo.

In 2021, Murang’a was responsible for 31 percent of the nation’s avocado production, and in 2023, this crop generated Ksh18 billion through exports.

Provided by Syndigate Media Inc. (
Syndigate.info
).

S. Korea’s Bust Businesses Reach 6-Year Peak

S. Korea’s Bust Businesses Reach 6-Year Peak

Approximately 12% of businesses in South Korea faced insolvency last year because of the decline in the construction and property sectors, which represents the highest rate since 2019. These enterprises, weighed down by greater debts than their asset values, confront total loss of capital and fiscal insecurity.

Based on data from the Federation of Korean Industries (FKI) dated March 23, approximately 4,466 businesses—representing 11.9% of the total 37,510 externally audited enterprises (financial institutions excluded)—are projected to face complete bankruptcy. This figure shows an uptick of 116 companies (+2.7%) compared to the previous count of 4,350 in 2023, marking the highest point within this span over the past six years since records started being kept in 2019. Additionally, the likelihood of these companies going bankrupt hit a new peak at 8.2% last year.

In terms of industries, those involved in real estate and rentals experienced the greatest vulnerability at 24.1%, directly affected by the decline in construction activities. Following closely were utility companies (15.7%), sectors related to healthcare and social assistance (14.2%), as well as entertainment and recreation services (14.0%). Construction saw the most significant rise; its insolvency risk climbed to 6.1%—almost double what it was five years earlier when it stood at 3.3%. This surge can be attributed primarily to reduced project orders amidst elevated interest rates and inflation levels.

A representative from FKI cautioned, “The swift rise of bankrupt firms intensifies ambiguity by deteriorating the actual economy and amplifying hazards within the financial sector,” further stating that “these threats can be mitigated via decreased borrowing expenses and enhanced liquidly assistance.”

Equity Bank Alerts Kenyans: Beware of Fake Job Ads Promising Over 400 Teller Roles

Equity Bank Alerts Kenyans: Beware of Fake Job Ads Promising Over 400 Teller Roles


  • Kenyans are still coming across fraudulent job postings circulating on various social media platforms.

  • In March 2025, Equity Bank Kenya identified a fraudulent announcement claiming there were more than 400 available teller roles for jobseekers.

  • The job posting encouraged applicants to send their application information through email addresses that were not associated with the bank’s official website domain.


The LIFEHACK.co.ke correspondent Wycliffe Musalia boasts more than six years of expertise in areas such as finance, commerce, tech, and environmental issues, providing significant understanding of both Kenya’s and worldwide economic patterns.

Equity Bank Kenya has identified a fraudulent job posting circulating on social media platforms.

The lender cautioned job seekers about the advertisement claiming there were 412 open bank teller roles.

What Equity Bank commented regarding the fraudulent job posting?

The bank labeled the advertisement as fraudulent, alerting Kenyans that the ad was neither authentic nor valid.

The equity warned against disclosing sensitive personal details, such as banking information, to fraudsters in this way.

The lender cautioned, ‘Stay alert and refrain from disclosing personal or financial details to scammers.’


The bank stated that it exclusively promotes employment opportunities through its officially sanctioned social media platforms and website.

In early March, Equity Bank announced multiple job openings, encouraging eligible Kenyan citizens to submit their applications.

The financial institution, employing over 8,000 staff members, aimed to attract potential applicants for roles as senior executives and analytical professionals.

The bank encouraged potential applicants to visit the institution’s career website to review the job criteria and apply online.

Ways to spot fraudulent employment listings

The advertisement encouraged applicants to send their information through email addresses using Outlook or Gmail domains, which do not correspond to the bank’s official web address.

As per career development expert Simon Ingari, job seekers should initially confirm the authenticity of the job posting through the organization’s website or verified social media channels prior to submitting their application.

“Job applicants ought to investigate the organization by visiting their official site for professional insights and recent developments, examining their social media profiles on LinkedIn, Facebook, and Instagram, as well as perusing feedback from current and former employees on sites such as Glassdoor,” stated Ingari during an exclusive talk with LIFEHACK.co.ke.

Ingari pointed out that it’s essential for every job seeker to look up the official recruitment email and domain names prior to submitting their application.

What are some other organizations that have identified fraudulent job postings?

In March 2025, the Kenya Ports Authority (KPA) alerted Kenyans and the broader public about avoiding fraudulent activities initiated by criminals who were disseminating a bogus job posting on the internet.

The authorities mentioned they have not promoted these opportunities publicly; however, information regarding open job positions can be accessed through their official webpage.

The Kenya Power and Lighting Company (KPLC) debunked a false job announcement that claimed over 200 positions were available.

KPLC stated that the job announcement was fraudulent, emphasizing that they exclusively post vacancy notices on their official website.

The Public Service Commission (PSC) likewise issued a warning, cautioning job seekers about tactics employed by scammers who promise employment opportunities within the government sector for Kenyan citizens.

The PSC stated that it does not impose charges for job shortlisting, recruitment, promotions, or appeals and urged citizens to report any instances of fraud.

Liberty Galati: How EU Policy Changes Are Saving Romania’s Steel Giant from Insolvency

Liberty Galati: How EU Policy Changes Are Saving Romania’s Steel Giant from Insolvency

Liberty Galati, the only fully integrated steel manufacturer in the area, aims to restart operations at full capacity, targeting 2 million tons annually. This figure represents roughly two-thirds of its designed capacity as outlined in the pre-insolvency proposal sanctioned by the court earlier this month. Additionally, adjustments in the EU’s plans for defense and energy might provide support crucial for its survival.

Liberty Galati needs to develop a recovery strategy within two months, aiming for production levels exceeding 172,000 tons monthly, as indicated in the pre-insolvency document reviewed by Profit.ro. The European Union’s initiatives to enhance defense manufacturing, tackle inexpensive steel imports, and establish more feasible carbon reduction goals might arrive suitably timed to aid the firm during this critical period where its existence hangs in the balance.

The preliminary insolvency process enables the firm to utilize the RON 750 million loan provided by Exim Banka Românească exclusively for operational funding.

Moreover, Liberty Steel was assured of RON 350 million worth of contracts from firms in the defense sector – however, this hinges upon how swiftly these companies can formulate their production plans.

The Romanian steel manufacturer will additionally gain advantages from the extension of the favorable policy designed for energy-heavy businesses regarding the payment of “green certificates.” For the last decade, these energy-consuming firms were permitted to buy reduced numbers of green certificates—a method used to support wind and solar initiatives—though this program is scheduled to conclude at the end of this year.

Nevertheless, the elevated energy costs in Romania relative to many other European nations pose significant challenges for Romanian businesses, such as Liberty Steel.

Ultimately, the European Union’s decision to restrict the imports of cheap steel might assist Liberty Steel in achieving profitability.

The European Union plans to impose stricter steel import quotas, aiming to decrease imports by an additional 15% starting from April. This announcement was made last week by Stefan Sejourne, the Executive Vice President of the European Commission, according to reports.
G4media.ro
The move aims to stop the European market from becoming saturated with inexpensive steel, in response to the 25% tariffs on steel and aluminum imports introduced by President Donald Trump.

iulian@romania-insider.com

(Photo source: Liberty Galati)

Dollar Soars, Outpacing the Dong – International Edition

Dollar Soars, Outpacing the Dong – International Edition

On Monday morning, the U.S. dollar gained strength compared to the Vietnamese dong, simultaneously hovering slightly beneath a three-week peak relative to key currencies.

At Vietcombank, the selling rate for the US dollar was set at VND25,825, marking a 0.25% increase from the previous weekend. In contrast, on the unofficial market, the dong depreciated by 0.04%, trading at around VND25,900 per dollar.

The State Bank of Vietnam increased its reference rate by 0.07%, setting it at VND24,831.

Worldwide, the dollar edged slightly beneath a three-week peak against key rivals on Monday as investors waited nervously for more details on U.S. President Donald Trump’s upcoming tariff announcements.
Reuters
reported.

The U.S. dollar index, which assesses the currency’s performance relative to a group of six major currencies, remained steady at 104.03 following an earlier peak of 104.22 on Friday—the highest level since early March. The previous week saw the index climb by 0.4%, marking its first positive weekly showing for the month.

The dollar has been under pressure for most of this year as the market’s assumptions that Trump would quickly usher in pro-growth policies transformed into worries that the president’s aggressive and erratic trade policies could trigger a recession.

The euro gained modestly after three consecutive days of losses, whereas the yen weakened further against the dollar, influenced by an increase in U.S. Treasury yields.

The U.S. currency increased by 0.3% to reach ¥149.77. Meanwhile, the euro strengthened by 0.24%, trading at $1.0836 after reaching a low of about $1.0795 on Friday. Additionally, sterling climbed by 0.15% to stand at $1.2934.

The upcoming round of tariffs is set for April 2, when the White House plans to introduce retaliatory charges on numerous nations.

Korean Startups Dominate Niche AI Market in Image and Video Analysis

Korean Startups Dominate Niche AI Market in Image and Video Analysis

Startups from South Korea that focus on enhancing images and videos through artificial intelligence (AI) technology are achieving significant global recognition. These companies are excelling in specific sectors within AI where major U.S.-based corporations have typically held sway.

LVMH, a luxury group, employs AI for spotting fakes from their premium labels. This artificial intelligence monitors online marketplaces and social platforms, pinpointing illicit luxury items, gathering proof, and flagging breaches. Developed by MarqVision—a firm started in 2019 by South Korean entrepreneur Lee In-sup in America—the tech aids over 300 international brands and content providers globally. Led by this ex-McKinsey advisor, MarqVision’s platform identifies both knockoff products and unapproved merchandise transactions like stolen comics and videos. In just last year, they uncovered more than 50.41 million instances of infringement and piracy activities, amassing approximately $17 million ($25 billion KRW) annually across the globe.

Although major players in large language models (LLMs) include prominent US-based technology corporations such as OpenAI, Google, Microsoft, and Meta, South Korean start-ups boasting extensive knowledge in visual artificial intelligence have carved out a niche for themselves in specific sectors. Industry experts anticipate that AI-powered imaging and videography capabilities will be crucial components in areas such as self-driving vehicles.

The South Korean startup Twelve Labs, which was the first to secure significant funding from AI hardware company NVIDIA, has garnered notice for its advanced AI-driven video search capabilities. This technology enables the identification of particular scenes—such as “a person grasping a pen inside an office”—within extensive recordings in merely one second. Major entities like MLSE, the leading sports entertainment organization in North America, along with the NFL, utilize this AI system developed by Twelve Labs to examine game videos, extract pivotal instances, and produce fresh material.

Korean artificial intelligence firms are advancing significantly in the field of medical imaging, which relies heavily on non-verbal data such as MRIs and CT scans. AIRS Medical, an AI-driven healthcare firm, has created specialized software designed to improve MRI clarity, expedite scanning processes, and enhance overall image quality. This innovative solution is utilized by over 460 health facilities spanning 26 nations worldwide—including locations in the United States, United Kingdom, Germany, and Japan—with international earnings accounting for more than fifty percent of their total income.
Another Korean startup named Inocras specializes in using AI to scrutinize individuals’ complete genetic makeup for both diagnosing cancers and tailoring treatments accordingly. They collaborate closely with the Broad Institute—a renowned genomics institute linked to MIT and Harvard—to reassess information derived from what is globally recognized as one of the most extensive databases dedicated to cancer patients’ genomic profiles known as The Cancer Genome Atlas (TCGA).

The achievements of Korean start-ups in non-language-based artificial intelligence (AI) can largely be credited to easier development processes relative to those involving language models. Unlike language-focused systems, these do not require large volumes of textual information—often available predominantly in English—which presents obstacles for nations lacking abundant resources of this type of content. According to Lee Kang-joon, CEO at Dunamu & Partners—an investor in companies like AIRS Medical and Inocras—the advantage lies in Korea’s ability to leverage centrally managed healthcare datasets sourced from leading institutions within Seoul along with the national Health Insurance Review & Assessment Service; conversely, American counterparts face greater complexity due to needing dispersed collections from various regional facilities.
Additionally, focusing specifically on industry-oriented AI solutions has shown significant advantages. As stated by a spokesperson from MarqVision, “Asian markets characterized by robust online retail sectors gain an edge through their capability to compile comprehensive databases related to counterfeiting images.” This approach enables them to develop advanced technologies much earlier than competitors—in MarqVision’s case even prior to platforms similar to ChatGPT gaining prominence—and achieve global recognition today.

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