Twiga signs a Ksh1 billion deal with IFC to improve food security

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By Edna Mwende

Twiga Foods, which is a Kenyan-based technology food distribution platform has signed a Ksh1 billion investment deal with the International Finance Corporation (IFC) to boost the company’s food safety practices in line with global standards and ensure produce from farmer to consumer is not lost.

The move has put Twiga Foods at the forefront of Kenya’s food safety campaign with food distribution firm expected to apply global standards in food is handling from farm to retail outlet.

In a news report by the Business Daily, the deal will see IFC train Twiga’s staff on internationally-accepted practices and advise the company on food safety and quality management systems in its produce handling facilities.

“IFC’s investment in Twiga Foods will improve food safety standards while ensuring fair prices and transparent sourcing from smallholder farmers. We commend Twiga on their commitment to global best practices, that will give Kenyan consumers of all income levels access to quality food products,” Jumoke Jagun-Dokunmu, IFC Regional Director for Eastern Africa is quoted as having said in the Business Daily report.

The local daily also reports that the trained staff are supposed to take their skills to food handlers starting with 12 farmers and this will be scaled gradually to 5,000 before all farmers in its network are covered by 2021.

Reacting to this, the Twiga Foods’ Chief Executive Officer, Peter Njonjo said:  “Food safety is an important consideration in our mission to provide affordable, quality, and safe food to Kenya’s urban consumers, and reliable markets for farmers. This is the reason we are constantly reviewing our operating procedures, making strategic investments and striking strategic partnerships with institutions such as IFC to deliver and surpass global standards”.

Farmers, processors and vendors will be trained to apply global quality certification to products destined for the domestic market under the new agreement.

ALSO READ: Coke executive quits job to head Twiga Foods


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