Kenyan Wall Street | by Miriam Wangui
Twiga Foods, which distributes fresh fruits and vegetables to retail vendors, is set to benefit from a KSh 3.2 billion loan from the International Finance Corporation (IFC) and tier-one Kenyan banks.
IFC will contribute KSh1.6 billion and top Kenyan banks will provide the rest of the funds through unfunded Risk Sharing Facilities (RSFs). “The RSFs will be scaled up in phases and the first phase will be implemented with KCB Bank Kenya Limited,” says IFC…
