Twiga Foods’ operating entities have entered statutory administration in Kenya after years of losses, creditor pressure and an expansion strategy that committed the company to technology, logistics, farming and large-scale fulfilment infrastructure.

According to TechCabal, the entities were placed under administrator Mohamed A. Mohamed in August and September 2026 under Kenya’s Insolvency Act. The appointments froze creditor claims. Twiga Foods One Limited had earlier been renamed GT Flow Limited, while Twiga Foods Limited became Templar Field Limited.

The company had raised approximately $185.4 million from investors including Goldman Sachs, the International Finance Corporation and Creadev. Despite that funding, TechCabal reported that Twiga had not made a profit during its 12 years of operation.

Expansion created significant costs

Twiga built its business around aggregating demand from retailers through a mobile application, operating delivery trucks, developing packhouses and reducing the role of informal intermediaries in food distribution.

At its peak, the platform handled up to 12,000 deliveries each day across 12 Kenyan cities. It served 140,000 retailers and moved as much as two million kilogrammes of produce daily, according to the report.

The company also expanded beyond distribution. In May 2022, it committed approximately $10 million to launch Twiga Fresh, secured 1,606 acres in Taita Taveta and joined the state-backed Galana-Kulalu irrigation scheme. Twiga said it intended to produce 150,000 tons of onions, tomatoes and watermelons annually.

TechCabal reported that the farming expansion exposed Twiga to weather variability, pests and high direct labour costs. The company also committed to a build-to-suit central fulfilment centre at the Tatu City Special Economic Zone. The facility later became an onerous liability after domestic inflation weakened consumer demand, according to the report.

The company’s cost structure contrasted with traditional brokers, which TechCabal described as operating with little fixed overhead. Informal traders generally did not maintain temperature-controlled depots, software teams or comparable corporate infrastructure, while prices could be cut quickly to clear perishable goods.

Supplier and creditor pressure

Twiga faced further pressure in late 2023 when Incentro Africa filed an insolvency petition seeking its liquidation over an overdue balance of $261,878 connected to a multi-year cloud contract. Twiga obtained temporary injunctions and later settled the matter.

More than 100 commercial suppliers also suspended trade terms and demanded immediate payment on delivery, according to TechCabal. In December 2023, Creadev and Juven provided Twiga with a $35 million convertible debt round. The funding was used to clear overdue supplier debts rather than finance continuing operations, the report said.

Peter Njonjo resigned from Twiga’s board in January 2024. The source reported that Njonjo said operational and strategic control had shifted to foreign private equity investors. Charles Ballard, a former Jumia Kenya executive, was subsequently brought in as chief executive to carry out retrenchment.

Internal strategy slides leaked in April 2025 included the codename “Project Easter”. Twiga management characterized the material as theoretical contingency planning, according to TechCabal.

Creditors also filed a High Court petition in early 2026 seeking the liquidation of Twiga Tatu SEZ Limited over unpaid rent. The supplied information does not state the outcome of that petition.

Twiga’s administration illustrates the difficulty of applying venture-backed technology and heavy infrastructure to a low-margin informal food-distribution market. TechCabal reported that the company’s difficulties emerged as global technology funding contracted, after an earlier period in which venture capital had absorbed operating deficits.