Grant Brooke Twiga Foods ’s co-founder and former chief executive has announced that he is stepping down from management in January.
“I’ve decided to step down from active management in Twiga as of this month,” he said on his LinkedIn page.
However, he will remain on the Board of Directors going forward.
According to Brooke, he has helped Peter Njonjo, his fellow co-founder in transition as the firm’s Chief Executive Officer ‘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,” he said.
On his part, Njonjo said he was grateful to the partnership he has had with Brooke, “Hey Grant Brooke, I’m truly proud of the partnership we have had over the last six years and you did an amazing job in laying a strong foundation for #TwigaFoods. I look forward to the continued partnership in your new capacity. Cheers.”
Twiga Foods is a mobile-based, cashless, business-to-business (B2B) supply platform that links farmers with food vendors. The firm was launched in 2014 to address inefficiencies in Africa’s large, but highly-fragmented informal fruit and vegetable markets.
“Five years later, to see what Twiga has become, and is still growing into, is the absolute joy of my professional life,” Brooke added.
“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.”
In October last year the startup announced that it has secured almost $30-million in a new round led by Goldman Sachs.
It follows the $5-million investment from French investor Creadev in June.