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ARTICLE · 01 FEBRUARY 2022

Legal Due Diligence – Sector Review

In this article, Law3Sixty will share with you key recurring legal or practical issues that arise during legal due diligence on businesses in the agricultural sector.

KenyaReal Estate and Construction

Introduction

In this article, Law3Sixty will share with you key recurring legal or practical issues that arise during legal due diligence on businesses in the agricultural sector. We hope to equip you with tips on what your external or internal legal and risk teams should get comfort on before closing a deal.

Legal Due Diligence - Agribusiness Sector

Sector Trends

Most agribusiness players undeniably require agricultural land except for those in the food logistics sectors e.g., warehousing, transport, storage and/or export. A FAO[1]country profile in 2015 indicates that 47% of Kenya's land mass comprises agricultural land.

According to the Kenya Economic Survey, 2020, agriculture contributed approximately 34% of Kenya's Gross Domestic Product in 2019. This has been a steady increase from approximately 30% in 2015. With an increasing population nationally and regionally providing exponential demand and adequate arable land, the sector continues to

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