Twiga Foods Suspends Nairobi Operations for Two Months to Relocate, Cut Costs - Tech
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Twiga Foods Temporarily Pauses Nairobi Operations
Twiga Foods, the Kenyan agri-tech and food distribution company, has announced a temporary operational pause in its Nairobi operations. The company, which is among the most funded e-commerce startups in Kenya said the move is part of its final phase of a broader business transformation strategy. Founded in 2014, Twiga Foods has grown to become … The post Twiga Foods Temporarily Pauses Nairobi Operations appeared first on TechTrendsKE.
Twiga Foods Suspends Nairobi Operations for Two Months to Relocate, Cut Costs - Tech
Twiga Foods has suspended its operations in Nairobi for 60 days in a development that points out deeper problems within one of Kenya’s most highly funded tech startups. Per TechCabal, the company says it’s relocating its central distribution hub, but the decision goes beyond a change of address, showing a sign of high internal issues, shrinking investor patience, and a model that’s struggling to survive Kenya’s retail market. The firm confirmed…
Twiga Foods halts Nairobi operations, considers new distribution hub
Twiga Foods, one of Kenya’s most funded e-commerce startups, is temporarily suspending its Nairobi operations for two months as part of what the company calls “the final stage” of its ongoing business overhaul. The move follows months of internal restructuring, acquisitions, and layoffs to cut costs and shift to a leaner, more data-driven distribution strategy. In a statement on Thursday, Twiga said the operational break will allow it to relocat…
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