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Kenya’s Twiga raises $50M to scale food solutions across Africa
Kenya’s Twiga Foods has raised a total of $30 million from lenders and investors led by Goldman Sachs. The B2B food distribution company financed $6.25 million of the funding in debt and $23.75 ...
Peter Njonjo quits Twiga Foods board after resigning as CEO
Twiga Foods founder and long-serving CEO Peter Njonjo has quit the firm’s board a month after he resigned as its chief executive in a dramatic exit after a decade at the helm of one of Kenya’s ...
Led by Kenyan entrepreneur Peter Njonjo, Twiga Foods injects $10 ...
Since its launch in 2014, Twiga Foods has helped over 17,000 fresh food producers by ensuring an average delivery of thrice a week on average to 8,000 retailers. The company, which aims to tackle inadequacies in the supply chain by aiding the reduction of food prices for consumers, is targeting a pan-African expansion, with plans to expand to other East African markets, Uganda and Tanzania ...
Kenya’s food distribution company Twiga Foods secures $50million to ...
Twiga Foods will leverage the money to develop an alternative way of producing food on the continent and cover both ends of traceability and mass scale. Kenyan B2B food distribution company Twiga Foods has secured $50 million Series C funding to digitise food distribution across Africa. The round was led by Creadev, as well as participation ...
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