French investor Creadev acquires stake in Twiga Foods worth US$5M

KENYA – Creadev, a French-based investor, has acquired an undisclosed stake worth US$5 million (Sh500 million) at Kenya’s leading online grocery platform, Twiga Foods. Creadev is a global long-term investment firm wholly funded by the […]

Twiga Foods partners with IFC to boost food safety in Kenya

KENYA – Twiga Foods, a Kenyan-based technology food distribution platform, has partnered with International Finance Corporation (IFC), World Bank’s private sector lending arm, in an initiative that seeks to boost food safety in Kenya. The […]

Twiga Foods taps Coca-Cola’s regional head as new CEO

KENYA – Kenya’s leading online grocery platform, Twiga Foods has appointed Peter Njonjo, co-founder and former President of Coca-Cola West and Central Africa as new company Chief Executive Officer. Peter Njonjo has left the left […]

Twiga Foods raises US$10.3m financing from IFC and TLcom for expansion

KENYA – Twiga Foods, a Kenyan based online food-market platform has raised US$10.3 million financing co-led by World Bank’s private investment arm International Finance Corporation (IFC) and Pan-African venture capital firm, TLcom Capital. The capital […]