Centum is East Africa’s leading and largest publicly listed investment company, listed on the Nairobi Securities Exchange (NSE) and Uganda Securities Exchange (USE) that provides investment channel to investors with access to a portfolio of inaccessible, quality, diversified investments of scale in Africa in 8 key sectors of focus such as Real Estate, Power, Fast Moving Consumer Goods (FMCG), Financial Services, Agribusiness, Healthcare, Education and ICT.
Incorporated in the year 1967as an affiliate of the Kenyan government-owned Industrial and Commercial Development Corporation (ICDC) with a seed capital of USD 26,000 and named Industrial Commercial Development Corporation Investment (ICDCI). In the same year, it was listed on the then Nairobi Stock Exchange.
The giant company has since made numerous investments in various sectors of the economy which has transformed the lives of many. In the real estate sector in particular, the company has worked hand in hand with the government to help realize its affordable housing agenda.
Recently, the Nairobi Stock Exchange (NSE) listed firm’s real estate arm, Centum Re, signed an agreement to raise Sh17 billion from Luxembourg-based private equity firm GEM Global Yield LLC CSC through a partial share sale which will be channeled towards building 3000 homes.
“Centum Re is pleased to announce that it has signed an agreement with GEM Global Yield LLC SCS … to provide Centum Real Estate with a share subscription facility of up to Sh17 billion for a 36-month term following a public listing,” the company said in a statement.
Tribus-TSG, a security arm of Centum Investment Group has also helped several unemployed youth to secure job opportunities through its Young Africa Works Initiative in its partnership with the Mastercard Foundation of Kenya, which has led to the opening of 10 employment centers across 10 different counties in Kenya, helping to directly link the unemployed youth to their potential employers.
Tribus, as part of the Centum Group, has access to the highest levels of government and commercial sectors across East Africa.
Centum’s track record assures its investors of quality, value for money, timely handover of projects and a return on their investment.