Twiga Foods – Kenyan Enterprise https://www.kenyanenterprise.com/sites/tag/twiga-foods/ Daily Breaking Business News, Finance, Economy, Technology and Startups On The Go! Mon, 28 Nov 2022 12:22:09 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.2 https://www.kenyanenterprise.com/wp-content/uploads/2019/03/cropped-IMG-20180823-WA0001-32x32.jpg Twiga Foods – Kenyan Enterprise https://www.kenyanenterprise.com/sites/tag/twiga-foods/ 32 32 Twiga Foods Set To Be Awarded A Sh300m Loan For Suppliers And Clients https://www.kenyanenterprise.com/sites/inversk-review/article/twiga-foods-set-to-be-awarded-a-sh300m-loan-for-suppliers-and-clients/ Mon, 28 Nov 2022 12:19:09 +0000 https://www.kenyanenterprise.com/?p=20340 Twiga Foods guaranteed Sh300 million loan for onward lending to suppliers and customers through the yet-to-be-launched Hustler Fund as the new government administration gears to boost small enterprises. President William Ruto made the announcement on Monday during the opening of the Twiga Foods distribution facility at Tatu City in Kiambu County. “The Sh300 million that […]

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]]> Agri-tech Startup Twiga Lays off Over 211 Workers https://www.kenyanenterprise.com/sites/inversk-review/article/agri-tech-startup-twiga-lays-off-over-211-workers/ Fri, 18 Nov 2022 07:12:16 +0000 https://www.kenyanenterprise.com/?p=20087 Twiga has laid off 211 employees after Sendy sent home 20 percent of its workforce and with many startups closing shop. The agri-tech startup, co-founded by Peter Njonjo and Grant Brooke in 2014, is the latest firm to cut its workforce due to a downturn in venture capital funding. The 20 percent of the more […]

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]]> Twiga Foods, Isuzu Flag Off Trucks To Boost Delivery To Retailers https://www.kenyanenterprise.com/sites/inversk-review/article/twiga-foods-isuzu-flag-off-trucks-to-boost-delivery-to-retailers/ Wed, 05 Oct 2022 12:38:19 +0000 https://www.kenyanenterprise.com/?p=18903 Twiga Foods, Isuzu EA, and NCBA Group on Wednesday through a strategic partnership, flagged off 15 Isuzu commercial trucks to boost affordability and safe delivery of fresh produce to retailers across the region. The partnership will see up to 300 Isuzu trucks being released into the marketplace in phases. Speaking during the vehicle handover and […]

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]]> 6 Kenyan Companies That Are Equity-Financed by IFC. https://www.kenyanenterprise.com/sites/dominic/article/6-kenyan-companies-that-are-equity-financed-by-ifc/ Wed, 13 Apr 2022 13:07:53 +0000 https://www.kenyanenterprise.com/?p=15726 The international finance corporation is the investment wing of the World Bank Group that focuses on the private sector in developing countries. They offer investment, advisory, and asset management services to such companies. Market forces are brutal to companies that are complacent in the production of goods and services. The free market guarantees that no […]

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]]> Twiga Foods gets Sh 3.2B Loan to Support Up to 300 Medium-Scale Farmers https://www.kenyanenterprise.com/sites/angela/article/twiga-foods-gets-sh-3-2b-loan-to-support-up-to-300-medium-scale-farmers/ Tue, 27 Oct 2020 20:41:12 +0000 http://www.inversk.co.ke/?p=10192 International Finance Corporation (IFC) together with Tier one Kenyan Banks will offer Twiga Foods a loan of Kshs. 3.2 billion to support the development of up to 300 irrigated medium-scale contract farmers. Twiga Foods distributes fresh fruits and vegetables to retail vendors. Apart from the financing, Twiga Foods will also get both technical and organizational […]

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]]> Africa’s Most Funded Startup to Expand its wings to West Africa After Raising $30M Series B Funding https://www.kenyanenterprise.com/sites/kimani/article/africas-most-funded-startup-to-expand-its-wings-to-west-africa-after-raising-30m-series-b-funding/ Mon, 28 Oct 2019 12:34:24 +0000 http://www.inversk.co.ke/?p=5885 Kenya’s fresh farm food distribution company and Africa’s most funded startup, Twiga Foods, is planning to expand its wings to West Africa – a plan that comes after the startup acquired $30 million funding from lenders and investors led by Goldman Sachs. In the deal which was inked on Friday and announced on Monday, Twiga […]

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