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Bulk supplier Twiga Foods raises Sh1bn, to increase clients

The firm said the investment will enable it to increase the number of vendors it serves daily in Nairobi, diversify its product portfolio and introduce advanced supplier services. file photo | nmg

By  BRIAN NGUGI

Twiga Foods, the Kenyan business-to-business food supplier, has raised $10.3 million (about Sh1 billion) through debt and equity instruments.

The funding round Series A was led by Wamda Capital and includes Omidyar Network, DOB Equity, Uqalo, 1776, Blue Haven Initiative, Alpha Mundi and AHL.

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