Kenya-based online grocery platform Twiga Foods has revealed that it raised $10 million in a funding round.
Twiga Foods said that the funding will enable the company to reach more farmers, improve efficiency in service delivery and increase access to high-quality produce and foodstuffs for vendors.
The round was led by the World Bank’s International Finance Corporation (IFC), private equity firm TLcom, and the Global Agriculture and Food Security Programme.
Last year, Twiga raised a $10.3 million round from international investors.