This archive report was first published on 31 October 2019.
On October 31, 2019, Kenya's Twiga Foods secured a significant investment of $30 million from lenders and investors, with Goldman Sachs at the helm.
The B2B food distribution company received $6.25 million in convertible debt and $23.75 million in equity as part of the Series B round. This funding round saw the participation of IFC, TLcom Capital, and Creadev, joining Goldman Sachs on the venture capital side.