Twiga Foods secures US$5m financing from American development bank

KENYA – Twiga Foods, a Kenyan online food distribution platform has received a US$5 million loan from the United States International Development Finance Corporation (DFC) to improve food security in Kenya. The investment from DFC seeks to empower smallholder farmers and urban produce vendors, especially women to have access to markets and also to improve the agricultural supply chain with cold storage, by enabling Twiga Foods to buy additional transportation and cold storage equipment. DFC’s investment in Twiga supports its 2X Women’s Initiative by empowering a network of mostly female produce…

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