Inclusive impact investments B.V (“Triple I”), an investment firm has invested in Kennie O Cold Chain Logistics (“KCCL”, the “Company”), as it partners with the Company to grow its operations across Nigeria.
Triple I is an investment firm that directly invests in small and medium-sized enterprises in Sub-Saharan Africa and Southeast Asia, with an objective to lift people, especially women and children, out of poverty.
According to, Bram BoogaerdttHooft, the Investment Director, “Triple I supports entrepreneurs to realize their full business potential and social impact by providing tailor-made, flexible and low-cost financial products. The firm has a deep understanding of the local context and maintains strong engagement with its portfolio companies.”
KCCL is a logistics company that offers temperature controlled transport solutions to farmers, supermarkets, pharmaceutical companies and manufacturers across Nigeria. Based in Ilorin-Kwara State, the Company has on-boarded and trained more than 4,000smallholder farmers in line with its objectives of improving food security in an efficient manner.
“This would positively impact on farm outputs and reduce waste between the farm gate and the food table. We are also excited about the many more women and young people that would participate in our programs’ highlighted Ope Olanrewaju, Managing Director for KCCL.
The investment in KCCL is further proof of Triple’s belief in the Nigeria’s entrepreneurial spirit, following previous investments in So Fresh Neighborhood Market Limited- a food chain with healthy offerings; and Abod Success- cashew processing company that offers products locally under the brand name Executive Choice and exports nuts and kernels to Eurpoe and Asia. These companies continue to take giant strides in the country’s agribusiness sector.
For more enquiries about Inclusive Impact investments B.V. contact kunle@iiimpact.com
