Twiga Foods East Africa appoints Yebeltal Getachew as CEO
The board of B2B e-commerce company Twiga Foods East Africa has appointed Yebeltal Getachew as CEO effective
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The board of B2B e-commerce company Twiga Foods East Africa has appointed Yebeltal Getachew as CEO effective
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.
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.
Twiga Foods emerged in 2014 as a mobile-based food distribution company.
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.
Kenya’s fruits and vegetable delivery company, Twiga Foods, has received a $5 million loan from the
Fast Company March 10th, 2020 Most Innovative Companies List 2018 and 2020 Kenya based Twiga foods,
Twiga is a technology-driven company that connects consumers, vendors and suppliers, providing access to high quality foods, products and retail services in Africa.