/- Centum Investment Company’s private equity wing has set aside a KSh5 billion war chest targeting acquisitions in diverse sectors of the economy/COURTESY The NSE-listed company is scouting for already profitable businesses that are looking for growth capital or where business owners want to cash in on part of their equity investment. Centum Capital Partners, […]
Tag: XUGA_CENT
Centum in talks to acquire three Kenya companies
Centum Investment Group said Friday it is in advanced talks to acquire three undisclosed Kenyan companies months after making a string of exits. Centum Capital Partners, a wholly-owned and independently managed subsidiary of the Centum Group, said it plans to invest up to Sh5 billion over the next five years in diverse sectors of the […]
How James Mworia Has Killed Centum Investment
This letter lays out the sham of leadership and management that has been going on at Centum Investment Company. You need to carefully analyze the audited financial statements going back the last 5 years to verify the facts that are laid out in this letter. If it were a private limited company, then there would […]
Grit raises Kshs. 5B for acquisition of Orbit Africa facilities
Grit Real Estate Income Group has secured funding to conclude the acquisition and redevelopment of the Orbit Africa warehousing and manufacturing facility in Nairobi, on a sale and leaseback basis. The Kshs. 5 billion light industrial warehouse acquisition will be settled through a Kshs. 2.5 billion in senior debt finance negotiated with the International Finance […]
Centum’s unit looks to invest $45 million in firms in Kenya, neighbouring markets
FILE PHOTO: The Two Rivers Shopping mall whose majority shareholding belongs to Centum Investment Company Nairobi, Kenya September 9, 2019. REUTERS/Njeri Mwangi NAIROBI (Reuters) – A unit of Centum Investment Company, Kenya’s largest listed investment firm, plans to spend 5 billion shillings ($45.02 million) to acquire stakes in domestic companies as well as those in […]
Centum’s unit looks to invest $45 million in firms in Kenya, neighbouring markets
FILE PHOTO: The Two Rivers Shopping mall whose majority shareholding belongs to Centum Investment Company Nairobi, Kenya September 9, 2019. REUTERS/Njeri Mwangi NAIROBI (Reuters) – A unit of Centum Investment Company, Kenya’s largest listed investment firm, plans to spend 5 billion shillings ($45.02 million) to acquire stakes in domestic companies as well as those in […]
Centum’s unit looks to invest $45 mln in firms in Kenya, neighbouring markets
Credit: REUTERS/Siegfried Modola NAIROBI, Nov 1 (Reuters) – A unit of Centum Investment Company CTUM.NR, Kenya’s largest listed investment firm, plans to spend 5 billion shillings ($45.02 million) to acquire stakes in domestic companies as well as those in neighbouring countries. The group, which is also listed on the Uganda bourse, owns shares in listed […]
Fresh regulatory headwinds face Lamu coal plant project
The fate of the Centum-backed Lamu coal power plant hangs in the balance after recommendations in a report presented to President Uhuru Kenyatta said its power purchase agreement (PPAs) with Kenya Power had lapsed. President Kenyatta appointed the taskforce in March after it emerged that Kenya Power had signed contracts committing it to take more […]
Fresh regulatory headwinds face Lamu coal plant project
The fate of the Centum-backed Lamu coal power plant hangs in the balance after recommendations in a report presented to President Uhuru Kenyatta said its power purchase agreement (PPAs) with Kenya Power had lapsed. President Kenyatta appointed the taskforce in March after it emerged that Kenya Power had signed contracts committing it to take more […]
Centum Commits KSh 5b to Expand its Private Equity Portfolio in East Africa
Centum Capital Partners intends to acquire three companies in Kenya and two others in the region over the next five years The company said it is scouting for already profitable businesses that are looking for growth capital This comes amid the firm’s recent exits from Almasi Beverages, UAP Insurance and Kenya Wine Agencies Limited Centum […]