By Templar Field Limited and GT Flow Limited, the companies formerly known as Twiga Foods Limited and Twiga Foods One Limited, have entered administration in Kenya, according to a statement from Maawiy Financial Advisory Limited on Tuesday.
Mohamed A. Mohamed of Maawiy Financial Advisory was appointed administrator of Templar Field Limited by the company’s board of directors, effective September 2026, the statement said.
The appointment follows an earlier one at GT Flow Limited, effective August 17, 2026, also made by the board under section 541(2) of Kenya’s Insolvency Act (Cap. 53), according to the statement and a Gazette Notice announcing the administration.
“We will continue to engage with stakeholders to achieve the best possible outcome for all creditors,” Mohamed said in the statement.
Twiga Foods, one of Kenya’s most heavily funded startups, has entered administration following years of financial pressure, job cuts and attempts to restructure its business.
The company raised about $185.4 million in disclosed funding and was once positioned as a leading technology platform for transforming Africa’s fragmented food supply chain.
Twiga Foods built a technology-driven supply chain connecting farmers with urban vendors and attracted tens of millions of dollars in funding from international investors, including development finance institutions and private equity firms.
The company was founded in Nairobi in 2014 and built a business-to-business marketplace connecting farmers and food manufacturers with small and medium-sized retail vendors across Kenya using a mobile-based, cashless supply platform.
With the appointments, the administrator has taken control of the management of the assets and affairs of both companies, according to the statement.
The powers of the directors to deal with or transact on behalf of the companies have ceased, except with the express permission of the administrator.
With the commencement of the administration process, the operational and decision-making powers of the company’s directors regarding its assets have effectively ceased, unless granted express permission by the court-appointed administrator.
Mohamed has assumed management control over the companies’ operations and assets without incurring personal liability, according to the statement.
Going forward, all matters relating to the affairs of Templar Field Limited and GT Flow Limited should be directed to the administrator or his authorised representatives, the statement said.
The primary objective of administration under the Insolvency Act is to achieve a better outcome for creditors than would otherwise be likely if the companies were wound up, according to the statement. The administrator will engage with stakeholders of both companies to secure their cooperation in reaching that outcome.
Anyone with a claim against either company has been asked to submit full particulars of that claim, together with supporting documentation, within 30 days of the notice, for inclusion in the companies’ roll of creditors, the statement said.
Creditors have until October 11 to send full particulars to the administrator at P.O. Box 59209-00200, Nairobi, or insgtflow2026@gmail.com, according to earlier reporting on the GT Flow Limited notice published in the Kenya Gazette.
The development comes amid financial challenges facing companies associated with the Twiga Foods ecosystem.
In March, a petition was filed at the High Court seeking the liquidation of Twiga Tatu SEZ Limited over outstanding debts.
Under Kenya’s Insolvency Act, creditors can petition the court to liquidate a company that is unable to pay its debts, and if a liquidation order is granted, the company’s assets can be placed under the control of a court-appointed liquidator and sold to settle liabilities.
Twiga Tatu SEZ Limited is a separate entity from Templar Field Limited and GT Flow Limited, though it is associated with the wider Twiga Foods ecosystem.
Twiga had reduced its workforce through multiple rounds of layoffs as it attempted to lower costs and improve its financial position, and the company also faced unpaid obligations, including a dispute with cloud services provider Incentro.
In December 2023, founder Peter Njonjo closed a $35 million convertible bond deal backed by existing investors Creadev and Juven.
Twiga previously pursued a restructuring plan involving a new holding structure sitting above several operating businesses, which saw Twiga acquire controlling stakes in three Kenyan fast-moving consumer goods distributors: Jumra, Sojpar, and Raisons.
The deal gave Twiga access to their established customer networks and eight distribution centres spread across Kenya’s Central, Coast, and Western regions.
The company’s financial difficulties come against a backdrop of tighter funding conditions for African startups, with venture-backed businesses facing increased pressure to reach profitability.
