The Twiga Foods platform uses mobile phone technology to match supply and demand, aggregating market participants and finding buyers for farmers’ produce in Africa’s large, but highly fragmented fruit and vegetable market. © 2008-2020 by KenyaPlex.com. GAFSP aims to improve the livelihoods of SMEs and small hold farmers through sustainable solutions to improve access to finance and reduce risks in agriculture. The IFC office in Nairobi also provides support to activities in Kenya, and the Southern and Eastern African subregions. “Twiga is proving that smart use of technology and innovative business models can vastly improve large and inefficient African markets such as the agricultural supply chain. For more information about Twiga Foods visit, http://twiga.ke, Protect yourself and those you love during this COVID-19 Pandemic. All Rights Reserved | Home | About Us | Contact Us | Copyright | Terms Of Use | Privacy Policy | Advertise, International Finance Corporation (IFC), Nairobi, International Development Research Centre (IDRC), Nairobi, International Committee Of The Red Cross (ICRC), Nairobi, International Committee For The Development Of The People, Nairobi, International Civil Aviation Organization (ICAO), Nairobi, IGAD Climate Prediction and Applications Centre, Nairobi, GTZ - Family Planning Support Unit, Nairobi, Food and Agriculture Organisation Of The United Nations, Nairobi, Desert Locust Control Organization For Eastern Africa, Nairobi, Chinese Permanent Mission To United Nations (Habitat), Nairobi, Centre For The Development Of Enterprise, Nairobi, Buckner Orphan Care International, Nairobi. About IFC In remarks made remotely, Jean Philippe Prosper, IFC Vice President for Sub-Saharan Africa, Latin America and the Caribbean, said: “The time is right to show that the World Bank Group supports Kenya’s achievements. The event was a symbol of increased cooperation by the World Bank Group as well as continued support to both Kenya and the Africa region. Nairobi, Kenya, November [15], 2018—IFC, a member of the World Bank Group, TLcom, and the Global Agriculture and Food Security Program (GAFSP) today announced a $10 million investment in Twiga Foods, a Kenyan-based start-up connecting smallholder farmers in rural areas to informal retail vendors in cities. The (GAFSP) is a multilateral mechanism to assist in the implementation of pledges made by the global community to support country-led investment plans. We will continue in our mission to provide affordable, quality, and safe food to Kenya’s urban consumers, and reliable markets for farmers across the country.” said Grant Brooke, CEO Twiga Foods. GAFSP Private Sector Window (PSW) plays a catalytic role by supporting private sector investment projects and promoting sustainable agriculture in developing countries. In FY17, we delivered a record $19.3 billion in long-term financing for developing countries, leveraging the power of the private sector to help end poverty and boost shared prosperity. IFC maintains several advisory services programs in Kenya as part of its regional investment of $65 million in annual program activities. GAFSP is funded by five donors including the Netherlands, Canada, Japan, United Kingdom through DFID, and the United States. Twiga Foods is a business to business food distribution company that builds fair and reliable markets for agricultural producers and retailers through transparency, efficiency and technology. IFC’s investment includes funding from the private sector window of the Global Agriculture and Food Security Program (GAFSP). Box 30577-00100 Nairobi, Kenya Tel: +254 20 293 7200 Fax: +254 20 275 9210 Nigeria International Finance Corporation IFC—a sister organization of the World Bank and member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets. Protect yourself and those you love during this COVID-19 Pandemic International Finance Corporation (IFC), Nairobi. We have come far together and we will continue to work together.” He thanked the Bank for its support, especially in times of need. The system is a win for both sides – farmers have guaranteed access to a fairly priced, transparent, mobile marketplace while vendors can consistently source high-quality produce, which is conveniently delivered for free to their doorstep by Twiga. The investment was co-led by IFC and TLcom, a Pan-African venture capital firm, with participation from previous investors Wamda Capital, DOB Equity, 1776 and AHL Venture Partners.

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