Kenyan agri-tech startup Twiga Foods secures $29.4m IFC debt funding to assist its farmers

Kenya agri-tech startup Twiga Foods has secured KES3.2 billion (US$29.4 million) in debt funding from the International Finance Corporation (IFC) to support more than 300 irrigated medium-scale contract farmers to complement Twiga’s seasonal smallholder farmer supply base. Founded in 2014, Twiga Foods is a business to business food distribution company that builds fair and reliable […]

Twiga Foods now sets sights on East, West African markets

Twiga Foods will early next year expand to the East and West African regions as it seeks to grow its market share on the continent. Twiga’s chief growth officer Stephen Ananda said the expansion seeks to provide access to low cost, high quality food products in African cities. “We consider East and West Africa expansion […]

How Twiga Foods reduces the price of food in Nairobi using technology

The price of food is a significant source of risk in developing economies across Africa – where data is available, it is estimated that Africans spend upwards of 40% of their household income on food. On the supply side, more than 50% of Africa’s workforce relies on the agricultural sector for their livelihood, income, and […]

Twiga Foods is Helping Families During COVID-19

What is Twiga Foods? Twiga Foods emerged in 2014 as a mobile-based food distribution company. What it does is source produce from local farmers and manufacturers. Suppliers can post their produce online so vendors can order it at an affordable price. Today, Twiga employs about 4,000 suppliers and about 35,000 vendors. Fast Company has listed […]

Twiga Foods Gets $5 Million to Improve Food Security in Kenya

Kenya’s fruits and vegetable delivery company, Twiga Foods, has received a $5 million loan from the United States International Development Finance Corporation (DFC) to improve food security in Kenya. The investment from DFC seeks to empower smallholder farmers and urban produce vendors (especially women) to have access to markets and also to improve the agricultural […]