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).
Contact Person: Evelyne Njeri Wanjau
Company Name: Naivas Limited
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