Grant Brooke, co-founder and executive director of Kenyan B2B food distribution company, Twiga Foods, has announced today via his LinkedIn post that he will be stepping down from his executive director role but will remain on the company’s board of directors.
‘We started Twiga in November 2014. Five years later, to see what Twiga has become, and is still growing into, is the absolute joy of my professional life.’ Our Co- Founder, Grant Brooke, reflects on Twiga Foods as he steps down from active management> https://t.co/CqatBzcw3y
— Twiga (@TwigaFoods) January 27, 2020
“I’ve decided to step-down from active management in Twiga as of this month, though I’ll remain on the Board of Directors going forward. Since handing over the role of CEO to Peter last year, I’ve stuck around to help in that transition as much as possible. I think we’ve reached a point where my not being present won’t cause any disruption. I’m so thankful we’ve been able to do this on the best of terms.”
Last year, the co-founder stepped down as CEO of Twiga, a role he held since the company launched in 2014. As CEO, Brooke oversaw the company’s growth to become one of the biggest agritech players on the continent as Twiga Foods raised up to $30 million in seed money, grants, and series A funding.
At the time, Brooke cited his move to step down from the CEO role as an opportunity to devote his time as an executive director to expand Twiga across the East African markets and also sub-Saharan Africa.
Before handing over the position to Peter Njonjo, his co-founder, the Kenyan-based company primarily focused on agricultural goods and connecting farmers’ produce more efficiently to marketplaces. However, when Njonjo who was formerly a non-executive director took over as CEO, he introduced a B2B supply chain for FMCG and other consumer products.
So far, the company serves more than 3,000 produce outlets per day via a network of more than 17,000 farmers and 8,000 vendors. It also recently raised a series B round of $30 million led by Goldman Sachs, totalling over $60 million raised since inception.
After five years running operations at Twiga as CEO and executive director, Brooke has decided to step down from any active role. Now that the company is hitting a new growth phase, he believes Twiga is now in the capable hands of Njonjo and the rest of the team.
However, Brooke isn’t staying idle for long as he has a new project in the works.
“As for me, I probably need to pay some attention to my personal life (entrepreneurship will do that to you). And while my next project is lined-up, I’ll have more to say about that in March or April. The coming weeks is the time to celebrate what we’ve done together at Twiga.”
Early-stage startup? The 2nd cohort of Techpoint Startup School is coming in March. Apply now.