Nairobi-based food distributor Kwanza Tukule secures funding from impact investors
Summary
DOB Equity together with Elea Foundation and A to Z Impact have invested undisclosed amount in Kwanza Tukule, a Nairobi-based last-mile distribution business that supplies informal food vendors with staple foods to cook meals for their customers.Kwanza Tukule was founded in 2019 by Khadija Mohamed Churchill after she identified an opportunity to create a more efficient last-mile distribution system for the informal vendors based in densely populated areas in Nairobi. The total number of food vendors in Nairobi is estimated to be around 50,000 and this is the market Kwanza Tukule is tapping into.Khadija Mohamed Churchill, founder and CEO of Kwanza Tukule said We are a cashless, B2B business using technology to ensure there is accessible, affordable and nutritious food for the many people that work and live in low-income areas in Kenya. Kwanza Tukule has achieved considerable growth in its first year of operations and a loyal customer base.It is estimated that 25% of Kenyas population lives in cities. Estimates suggest that residents of informal settlements in Nairobi consume street food on average four times a week. Despite their importance in feeding a significant part of the citys population, informal food vendors face difficult operating conditions.