BD Insider 195: Twiga Foods in $263k debt

Incentro Africa has filed insolvency against Twiga Foods, a Kenyan agritech startup. We also covered the acquisition of Chaka by Risevest in an undisclosed deal.
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BD Insider 195: Twiga Foods in $263k debt
Photo: Twiga Foods

Kenya has continued its crackdown on digital lenders that are abusing customer data. The Office of the Data Protection Commissioner (ODPC) has slammed a total of KES 9.3 million ($63,500) fine on three lenders in the country.

Read a full statement from the ODPC below:

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Last updated: December 22, 2024

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