Business Daily | by Kevin Rotich
Kenya agri-tech startup Twiga Foods has secured a Sh3.2 billion ($30 million) from the International Finance Corporation (IFC) to cover financial gaps faced by small and medium enterprises.
The fund will deliver through the unfunded risk-sharing facilities (RSFs), which will be scaled in phases. Kenya Commercial Bank will undertake the first phase.
It seeks to support more than 300 irrigated medium-scale contract farmers to complement Twiga’s seasonal smallholder farmer supply base…
