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Project Swahili

Sector: Warehouse • Location: Kenya

Source: International Finance Corporation (IFC)

Project
Completed

Naivas supermarket chain was founded in 1990 as a Kenyan family business and is now a key player in Nairobi and across Kenya, serving lower to middle income consumers. The supermarket chain has grown from 2 stores in the year 1990 to over 60 stores today. The supermarket chain offers a broad range of products that mainly include fast-moving consumer goods (FMCGs), clothing, furniture and electroni

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The project “Project Swahili” is an infrastructure initiative in the Warehouse sector, located in Kenya. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

Sponsoring Agency

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Company

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Status

Original status

completed

Taiyo status

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Contact

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Email

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Address

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Description

Description

Naivas supermarket chain was founded in 1990 as a Kenyan family business and is now a key player in Nairobi and across Kenya, serving lower to middle income consumers. The supermarket chain has grown from 2 stores in the year 1990 to over 60 stores today. The supermarket chain offers a broad range of products that mainly include fast-moving consumer goods (FMCGs), clothing, furniture and electronics.  With a view to support the Company with its growth efforts, the IFC has agreed to co-invest a minority equity investment, alongside, Amethis Fund II, an IFC investee fund, and some of its Limited Partners (LPs).

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Original Currency

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Original budget

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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