Kenya Woos Private Investors to Regain Pyrethrum Top Spot
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Kenya plans to regain its position as the world’s biggest exporter of pyrethrum, a flower used to make insecticide, by allowing private producers to grow the crop, the Pyrethrum Regulatory Authority said.
The authority is targeting output of as much as 15,000 metric tons of liquid pyrethrum, compared with 1,000 tons the East African nation produced last year, Managing Director Alfred Busolo said by phone from the capital, Nairobi, on Aug. 4. Legislators enacted a law governing the industry last year, spurring interest from domestic and foreign investors, he said, without identifying them.