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,
