Sector: FMCG
In portfolio since: 2021
Location: Kenya
Kwanza Tukule is 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. People living in urban centers in Kenya get 33% of their nutritional intake from street food. For low-income neighbourhoods more than 40% of households consume street food and 80% of the food vendors are women.
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.