Twiga Foods is excited to announce a landmark funding milestone, having raised $157,000,000 to further our mission of revolutionizing Africa’s grocery supply landscape. As we rapidly grow into what we envision as Africa’s largest grocer, this investment solidifies our commitment to bridging the gap for millions of small and medium‐sized vendors across urban markets. By harnessing the power of our mobile-based, cashless, business-to-business (B2B) supply platform, we are uniquely positioned to serve as the single source of supply for vendors who currently face challenges in accessing quality, affordable goods. In cities like Nairobi—where over 18,000 vendors rely on daily transactions averaging $55 in stock—our innovative model is already proving transformative.
The significant capital injection will enable us to perfect our platform and deepen our market penetration, further democratizing access to essential goods while slashing daily operational costs for our vendors. Our approach leverages untapped value within broken, informal, value-chains and wholesale providers, providing a robust infrastructure that enhances efficiencies and drives down costs. Additionally, the funding will support our strategic expansion into four additional African markets over the coming years, amplifying our reach and impact across the continent. This is not just an investment in Twiga Foods—it’s an investment in the broader ecosystem of Africa’s urban vendors, fortifying a distribution network that promises scalability, reliability, and affordability. As we embark on this exciting chapter of growth and innovation, we remain steadfast in our mission to empower local vendors and transform the grocery experience, ultimately paving the way for a more connected and resilient African marketplace.
