| Date | Title | Description |
| 19.09.2025 | 7 African startups reimagining fintech, freight, and forex trading | Startups On Our Radar spotlights African startups solving African challenges with innovation. In our previous edition, we featured 5 game-changing startups pioneering financing, mobility, music, and logistics. Expect the next dispatch on Se... |
| 18.06.2025 | Bridging the Quantum Divide: The Future of African Tech Startups | In the race for technological supremacy, African startups stand at a crossroads. They can either lag behind, shackled by outdated practices, or surge ahead, reshaping the landscape. The “quantum divide” is a stark reality. Yet, what if the ... |
| 14.06.2025 | From Quantum-Lag to Quantum-Lead: A Playbook for African Tech Startups | By Bisola Kayode | Cybersecurity Researcher & Thought Leader
In the global tech race, startups either fall behind—trapped in outdated models—or leap ahead, reshaping markets. For African founders, this “quantum divide” is real. But what... |
| 23.04.2024 | TLcom Capital Closes Africa's Largest Early-Stage VC Fund at $154 Million | TLcom Capital, an African VC firm, has successfully closed its second fund, TIDE Africa Fund II, at $154 million, solidifying its position as the largest investor in seed and Series A startups across Africa. The oversubscribed fund attracte... |
| 22.04.2024 | TLcom closes Africa’s largest early-stage VC fund at $154 Million | Today, TLcom Capital, the Africa-focused venture capital firm, announced the final close of TIDE Africa Fund II, its second fund for technology in Africa, at $154 million. Confirming TLcom Capital’s status as Africa’s largest Seed and Serie... |
| 18.12.2023 | Exclusive: Twiga CEO closed a $35 million convertible bond deal before 6-month sabbatical | Peter Njonjo, the CEO of Twiga, a Kenyan startup that connects farmers to food vendors, announced his decision to take a six-month sabbatical from the company on Thursday, sparking fears that the company’s investors were pushing him out. Nj... |
| 21.08.2023 | Twiga lays off 33% of its staff, disbands in-house delivery and introduces logistics marketplace | Twiga will conduct another round of layoffs to keep its business afloat amid macroeconomic headwinds that have made capital harder to raise, and forced venture-backed companies to scale down their operations. The Kenyan B2B e-commerce platf... |
| 16.11.2022 | Kenya’s Twiga dismisses in-house sales team, affecting 21% of it employees | Kenya’s B2B e-commerce food distribution platform Twiga has laid off 211 of its full-time employees following restructuring that has eliminated the company’s in-house sales team.
The laid-off staff make up 21% of the over 1,000 employees ma... |
| 05.10.2022 | Google Plans To Establish First Cloud Region In South Africa | Google |
| 05.10.2022 | Data Snapshot: African agrifoodtech entrepreneurs and investors are focusing on the supply chain | Data Snapshot is a regular AFN feature analyzing agrifoodtech market investment data provided by our parent company, AgFunder.
Click here for more research from AgFunder and sign up to our newsletters to receive alerts about new research re... |
| 20.05.2022 | Twiga Foods has made a $10 million investment in Twiga Fresh, its commercial agricultural subsidiary | Twiga Foods has announced the launch of Twiga Fresh, a new business focusing on contemporary and commercial farming, to assist in the delivery of low-cost, high-quality, and safe food to informal shops and urban customers.
Twiga Fresh will ... |
| 16.05.2022 | Twiga Foods invests $10M in commercial farming subsidiary, Twiga Fresh | Image courtesy of Twiga Foods
Twiga Food CEO, Peter Njonjo has announced that the B2B E-Commerce company, Twiga Foods, has launched Twiga Fresh, a new subsidiary that is focused on modern and commercial farming, to help supply informal reta... |
| 15.05.2022 | Twiga starts commercial farming, looking to guarantee quality, sustain supply | Twiga, a B2B e-commerce food distribution platform, has today announced the launch of its new subsidiary, Twiga Fresh, through which it will farm and distribute its own agricultural produce to traders.
Twiga said it has begun producing hort... |
| 10.03.2022 | East Africa can tackle food insecurity via digitalization, but infrastructure needs funding too: report | Nations in East Africa must prioritize technological innovations and digitalization of food systems in order to tackle perennial food insecurity, according to a new report by London-based market insights provider Briter Bridges.
The report ... |
| 19.02.2022 | Kenya’s Twiga raises $50M to scale food solutions across Africa | - |
| 04.02.2022 | 13 African tech startups to watch out for in 2022 | 2021 was a watershed year for both VC firms and startups in Africa’s tech ecosystem. As businesses re-opened and people went back to living their lives, they continued with habits they picked up during lockdowns. Owing to this consumer tren... |
| 14.12.2021 | How cold storage could be an antidote to Africa’s hefty food imports | For Julian Mitchell, it is unconscionable that Kenya spends so much money importing food. In the first six months of 2021, Kenya spent $909.4 million on food imports—while 30% to 40% of locally-grown crops each season are wasted due to inef... |
| 09.12.2021 | Vendease wants to be the Amazon for Nigeria’s food vendors | Tunde Kara and Olumide Fayankin grew up watching their parents — a farmer and a restaurant owner — grapple with inefficiencies in Nigeria’s food system. Caused by layer after layer of middlemen that deliver food from the farm to vendors to ... |
| 19.11.2021 | Agtech innovation will be key to Kenya’s Covid-19 economic recovery | Kenya has emerged as a hotspot for agtech innovation in sub-Saharan Africa, with more than 100 solutions in the market driving growth, productivity, and sustainability in the agrifood value chain.
Companies like Twiga Foods, Apollo Agricult... |
| 17.11.2021 | Kenya’s Twiga raises $50M to scale food solutions across Africa
Okra builds on rapid growth to raise $3.5m from Susa Ventures and Accenture | - |
| 03.11.2021 | Twiga, a Kenyan startup, has raised $50 million in a Series C funding round to expand its food solutions across Africa | Twiga, a Kenyan B2B e-commerce platform, has raised $50 million in Series C funding to help it expand its inexpensive food solutions across Africa.
Twiga is a B2B food distribution startup founded in 2014 that uses openness, efficiency, and... |
| 03.11.2021 | To expand across Africa, Kenya’s Twiga raised $50 M in Series C funding round | Twiga, a Kenyan B2B e-commerce platform, has acquired $50 million in Series C investment to expand its cheap food solutions across Africa.
Twiga is a B2B food distribution startup founded in 2014 that uses openness, efficiency, and technolo... |
| 01.11.2021 | Daily Crunch: Twiga Foods lands $50M Series C to grow its B2B food supply platform | To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here.
Hello and welcome to Daily Crunch for November 1, 2021. TechCrunch hopes that you had a lovely Halloween, i... |
| 01.11.2021 | Kenya’s Twiga raises $50M to scale food solutions across Africa | Years ago, Americans spent most of their disposable income on food, but consistent investment in retail infrastructure has changed that. Now, they only spend 6% of their household income on food and beverages.
Africa still battles with this... |
| 01.11.2021 | Kenya’s Twiga raises $50M to scale food solutions across Africa | Years ago, Americans spent most of their disposable income on food but consistent investment in retail infrastructure has changed that. Now, they only spend 6% of their household income on food and beverages.
Africa still battles with this... |
| 25.10.2021 | Perspectives on early stage venture capital in Africa | In 2020, tech startups in Africa raised over $1.5 billion in 400+ funding rounds, with a further $1 billion in M&A activity. Although the amount of capital deployed was down -30% compared to 2019, due to ticket sizes being slashed as Af... |
| 11.08.2021 | Perspectives on early stage venture capital in Africa | In 2020, tech startups in Africa raised over $1.5 billion in 400+ funding rounds, with a further $1 billion in M&A activity. Although the amount of capital deployed was down -30% compared to 2019, due to ticket sizes being slashed as Af... |
| 08.07.2021 | Peter Njonjo wants to change the way food moves in Africa | My Life In Tech is putting human faces to some of the innovative startups, investments, and policy formations driving the technology sector across Africa.
Peter Njonjo started his first business in high school. He noticed a problem; the sch... |
| 07.06.2021 | IFC International Finance : In Kenya, Food Retailers Race to Improve Safety Standards | By Everlyne Situma
Beatrice Njoki, the head of compliance at Kenyan supermarket chain Naivas, has been on the go since she was hired 11 months ago.
The 31-year old runs Naivas' newly created environmental health and food safety department, ... |
| 16.02.2021 | Nuwa capital raises $75 million for its debut fund for Pakistan, among other regions | The Dubai-based Nuwa Capital has announced the first closure of its debut fund titled Nuwa Ventures Fund I – NVFI, set up to invest in startups from various regions across the globe, including Pakistan. The venture capital aims for another ... |
| 15.09.2020 | Trump’s DFC investment play in African private funds and startups so far | Share this article:
On January 2, 2020, the Trump administration launched a new agency: the U.S. International Development Finance Corporation (DFC).
Acting as the US’ development bank, the agency was set to deepen the US’ foreign policy an... |
| 17.07.2020 | Nigeria’s TradeDepot raises $10 million in pre-Series B funding | Aside from oil wealth, much of Nigeria’s economic dynamism stems from bustling, informal retail supply chains that drive megacities like Lagos.
Their informality can be a carnival of free-market capitalism and ingenuity. But the drawback is... |
| 03.11.2019 | Africa Roundup: Goldman leads $30M Twiga raise, China grows tech influence, Jumia weathers lockup-expiry | Kenya’s Twiga Foods raised a total of $30 million in October from lenders and investors led by Goldman Sachs.
This adds to the list of African startups the U.S. financial firm has backed, including e-commerce venture Jumia and South African... |
| 29.10.2019 | Twiga Foods Secures $30 Million Funding to Digitize Food Distribution | Twiga Foods has secured $30 million Series B funding to digitize food distribution. The Kenyan food distribution company raised $23.75 million from Goldman Sachs, who led the Series B round with participation from old investors; the Interna... |
| 29.10.2019 | Kenya’s Twiga Foods raises $30M, eyes West African expansion | Kenya’s Twiga Foods has raised a total of $30 million from lenders and investors led by Goldman Sachs. The B2B food distribution company financed $6.25 million of the funding in convertible debt and $23.75 million in equity, classified as a... |
| 29.10.2019 | Twiga’s $30m Goldman Sachs-led Series B towers over African agri-food tech like a friendly giraffe | Kenya’s mobile money market has reached a point where the value of cell phone-based transactions is equivalent to half of the country’s GDP. It’s spurred on by a young, growing population that benefits from ever cheaper smartphones and cell... |
| 28.10.2019 | Kenyan startup Twiga Foods closes $30m Series-B round | Nairobi-based mobile-based B2B distribution platform Twiga Foods announced today that it has secured almost $30-million in a new round led by Goldman Sachs.
It follows the $5-million investment from French investor Creadev that the Kenyan ... |
| 28.10.2019 | Kenyan startup Twiga Foods closes $30m Series-B round | Nairobi-based mobile-based B2B distribution platform Twiga Foods announced today that it has secured almost $30-million in a new round led by Goldman Sachs.
It follows the $5-million investment from French investor Creadev that the Kenyan s... |
| 28.10.2019 | Twiga Foods Secures $30M to expand B2B food platform across Africa | Share this:
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| 13.06.2019 | Kenya’s Twiga Foods secures $5m from French investor Creadev | Nairobi-based mobile-based B2B distribution platform Twiga Foods has secured a $5-million investment from French investor Creadev.
Citing a statement it had received, Kenyan radio station KassFM said in an article yesterday that as part of ... |
| 13.06.2019 | Kenya’s Twiga Foods secures $5m from French investor Creadev | Nairobi-based mobile-based B2B distribution platform Twiga Foods has secured a $5-million investment from French investor Creadev.
Citing a statement it had received, Kenyan radio station KassFM said in an article yesterday that as part of... |
| 21.11.2018 | Twiga Foods Raises $10M in Funding | Twiga Foods, a Kenya-based start-up connecting smallholder farmers in rural areas to informal retail vendors in cities, raised $10m in funding.
The round was led by IFC and TLcom with participation from existing investors Wamda Capital, DOB... |
| 16.11.2018 | Kenya’s Twiga Foods secures $10m investment from IFC, TLcom | Kenyan mobile-based B2B distribution platform Twiga Foods has secured a $10-million investment from the International Finance Corporation (IFC), venture capital firm TLcom and the Global Agriculture and Food Security Programme (GAFSP).
The... |
| 16.11.2018 | Kenya’s Twiga Foods Secure $10 Million Investment Deal | $10 million has been invested in Kenyan based start-up, Twiga Foods by World Bank’s investment branch, the International Finance Corporation, and Pan-African venture capital firm, TLcom Capital.
The start-up brings smallholder farmers in ru... |
| 16.11.2018 | Kenya’s Twiga Foods secures $10m investment from IFC, TLcom | Kenyan mobile-based B2B distribution platform Twiga Foods has secured a $10-million investment from the International Finance Corporation (IFC), venture capital firm TLcom and the Global Agriculture and Food Security Programme (GAFSP).
The ... |
| 03.07.2018 | IFC And TLCom To Invest $7m In Kenyan Mobile-Based Supply Platform, Twiga Foods | Kenyan Mobile-Based Supply Platform, Twiga Foods is to Get Up to $7m Grants. The B2B distribution platform will get up to $7-million from the World Bank Group’s International Finance Corporation (IFC) and venture capital firm TLCom Capital ... |
| 02.08.2017 | KENYA’S TWIGA FOODS RAISED $10.3 MILLION USD IN FUNDS | The Kenyan mobile-based startup was launched in 2014. During their first significant round of venture capital financing, they earned a total of $10.3 million USD that will go into increasing the number of vendors the company serves, diversi... |
| - | KENYA’S TWIGA FOODS RAISED $10.3 MILLION USD IN FUNDS | The Kenyan mobile-based startup was launched in 2014. During their first significant round of venture capital financing, they earned a total of $10.3 million USD that will go into increasing the number of vendors the company serves, diversi... |
| - | IFC And TLCom To Invest $7m In Kenyan Mobile-Based Supply Platform, Twiga Foods | Kenyan Mobile-Based Supply Platform, Twiga Foods is to Get Up to $7m Grants. The B2B distribution platform will get up to $7-million from the World Bank Group’s International Finance Corporation (IFC) and venture capital firm TLCom Capital ... |
| - | Twiga Foods has made a $10 million investment in Twiga Fresh, its commercial agricultural subsidiary | Twiga Foods has announced the launch of Twiga Fresh, a new business focusing on contemporary and commercial farming, to assist in the delivery of low-cost, high-quality, and safe food to informal shops and urban customers.
Twiga Fresh will ... |
| - | Fintechs have a long runway in agricultural finance | The news: The proliferation of fintechs has disrupted the traditional banking system in nearly every kind of way. But fintechs have much more opportunity ahead, starting with agricultural finance, per Forbes.
The opportunity: Not typically ... |
| - | Kenya’s Twiga Foods Secure $10 Million Investment Deal | $10 million has been invested in Kenyan based start-up, Twiga Foods by World Bank’s investment branch, the International Finance Corporation, and Pan-African venture capital firm, TLcom Capital.
The start-up brings smallholder farmers in ru... |
| - | Twiga, a Kenyan startup, has raised $50 million in a Series C funding round to expand its food solutions across Africa | Twiga, a Kenyan B2B e-commerce platform, has raised $50 million in Series C funding to help it expand its inexpensive food solutions across Africa.
Twiga is a B2B food distribution startup founded in 2014 that uses openness, efficiency, and... |
| - | Kenyan agri-tech startup Twiga Foods raises $10m from IFC, TLcom | - |
| - | Twiga Foods Secures $30 Million Funding to Digitize Food Distribution | Twiga Foods has secured $30 million Series B funding to digitize food distribution. The Kenyan food distribution company raised $23.75 million from Goldman Sachs, who led the Series B round with participation from old investors; the Interna... |
| - | Digital technologies open vast business opportunities in Africa | The share of Africa’s population connected to digital technologies is growing rapidly. In 2020, almost half a billion Africans – 76% of the continent’s adult population – had access to mobile phones. A growing share of the continent is also... |
