Kenyan agri-tech giant Twiga Foods enters administration following years of financial turbulence
AI Summary
Twiga Foods, once heralded as one of Kenya’s most heavily funded and promising startups, has officially entered administration. The move marks a critical juncture for the company following nearly three years of mounting financial pressure, mass layoffs, and complex corporate restructuring efforts. According to a Kenyan gazette notice published on September 11, the company’s operating entity, GT Flow Limited (formerly Twiga Foods One Limited), was placed into administration on August 17.
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