TO BE

VISION
AFRIC A' S
FOREMOST
INVESTMENT
CHANNEL
C O M PA N Y
OV E R V I E W Centum Investment Company Plc. is East Africa’s leading investment

company listed on the Nairobi Securities Exchange and Uganda

Securities Exchange. We are an investment channel providing investors

with access to a portfolio of inaccessible, quality, diversified investments.

Centum’s mission is to create real, tangible wealth by providing the channel

through which investors access and build extraordinary enterprises

in Africa. Founded in 1967 as Industrial and Commercial Development

Corporation Investments (ICDCI) and rebranding to Centum Investment

Company PLC (Centum) in 2008; Centum’s total assets exceed KES. 66

Billion (c. US$ 655 Million) as at 31st March 2018.

OUR PERFORMANCE

O U R I M PA C T

E M P LOY M E N T
2,759 employees directl y
employed in our Investee
Companies

INVESTMENTS
KES 22 Billion (c. US$ 218 Million)
capital deployment over the strategic
period of Centum 3.0

FOREIGN DIRECT
I N V E ST M E N T OV E R
T H E S T R AT E G I C
P E R I O D C E N T U M 3.0
KES 25.3 Billion (c. US$ 262.8 Million) foreign
capital attracted as exit proceeds
INVESTMENT PHILOSOPHY
& S T R AT E GY
Over the years, our business model has
evolved and so has our investment philosophy.
Centum generall y focuses on companies in
sectors with:
• Large and growing domestic and regional
markets targeted principall y at households
and private businesses
• Basic goods and services whose demand
will increase as purchasing power increases
• Products and services with limited scope for
import substitution
• Sustainable competitive advantage, with
relativel y high barriers to entry
• Sectors with pricing power that will allow
price increases with inflation
• Relative industry certainty - where there
are no adverse industry changes
foreseeable within the investment period
In cases where attractive opportunities exist in
sectors that it does not have an understanding,
we work to build expertise by engaging sector
specialists from the investment appraisal
stage or strategic partners to jointl y invest.
Our investment objectives are anchored
around the following constraints:
• Asset Allocation – ensuring a healthy
balance of investments across various
segments and portfolio classes (namel y
growth, real estate, cash and marketable
securities and development) to minimize
asset concentration risk and ensure a
steady stream of cashflows to meet
portfolio costs and take advantage of
investment opportunities;
• Legal & Regulatory Factors – paying due
regard to the environment which we
operate in;
• Time Horizon – a balance is maintained
between long and short-term investments
to ensure consistent dividend payouts
whilst maximising long term value; and
• Sustainable Development – making
conscious decisions to ensure responsible
investing ethos on social, environmental
and governance are applied towards
greater value to the Company.
RESPONSIBLE INVESTING
The Responsible Investing Policy (RIP)
forms the bedrock upon which sustainable
development is anchored within the Company.
This entails:
• Having proper governance structures,
concern for the environment and social
responsibility.
• Ensures that all investments made
by Centum not onl y generate desired
return to shareholder’s capital, but also
benefits the society where they are
made. Furthermore, the policy guides the
investment team in making environmentall y
conscious investments.
• Helps the Company promote its
commitment to our stakeholders and to
compl y, at a minimum, with applicable local
and international laws and regulations and,
where appropriate, relevant International
Standards where these are more stringent
than the applicable laws.
• Furthermore, Centum, has Integrity as a
core value and guiding principle. Integrity
is embedded in the culture through
corporate governance initiatives and
policy framework. Employees and directors
of the company adhere to the Centum code
of ethics, whistle-blowing policy and
conflict of interest policy. The Company
and its employees place integrity of the
investment profession, governing rules of
the Company and the Capital Markets
above personal interests.
M I N I M U M E N V I R O N M E N TA L
S O C I A L G OV E R N A N C E
S TA N D A R D S
The Company is focused on investing in
businesses which are committed to:
• Taking necessary measures to ensure
equitable distribution of value across the
suppl y chain in all its operations;
• A responsible approach to environmental
management of their business operations
(and those of their suppl y chain) by
making efficient use of natural resources
and mitigating environmental risks and
damage;
• Respecting the human rights of their
workers and of the people working in their
suppl y chain;
• Maintaining safe and healthy working
conditions for their employees and
contractors and for the people working in
their suppl y chain;
• Treating their employees fairl y;
• Upholding the right to freedom of
association and collective bargaining; and
• Treating their customers fairl y and
respecting the health safety and wellbeing
of those affected by their business
activities.
The minimum environmental, social and
governance standards are considered at all
stages of our investment processes and form
part of our investment policy.
 OUR TRACK RECORD

K E N YA W I N E A G E N C I E S L T D
ASS E T M A N AG E M E N T

R I F T VA L L E Y
GENAFRICA

B E V E R A G E S LT D
I N S U R A N C E LT D

R A I L W AY S
ALMASI

S E R VA I R
KWA L

UAP

NAS
• Achieved loan book growth • Demonstrated ability to • Demonstrated ability to take • Demonstrated ability to
of 3.3x and an average over drive business growth companies public to realise exit at attractive valuations
the holding period through portfolio synergies price discovery in public equity markets
• Exited stake to the pre- • Exited our 21.5% stake in • Listed the company in • Acquired 23% of listed
existing management and 2016 generating an IRR of May 2012 company in 2009 for KES 418 Mn
shareholders achieving an 44% over the holding period • Assisted the business • Exited in 2010 for KES 1.2 Bn
IRR of 31% over the holding expansion into the in a highl y illiquid counter
period Francophone market delivering an IRR of 56%

73.4% 25% 26.4% 21.5% 14% 53.9% 60.2% 15% 23% 10%

• Demonstrated ability to • Demonstrated ability to attract • Demonstrated ability • Led the process of • Demonstrated ability to • Demonstrated ability to exit
attract international investors strategic investors to realise to create attractive regional consolidating 3 of the complete Leverage Buyouts from underperforming assets
• Achieved AUM growth of over strategic and operational synergies growth plans country’s 6 Coca-Cola bottling (LBO) • Exited in a secondary buyout
2.0x over the holding period • Led in privatisation of the business • Assisted the expansion of the plants to create a platform • Assisted strategic technical to two PE funds in 2010
• Exited* stake to an investor via exit to the private sector insurance business in South to drive further efficiency and partner complete an LBO with at a loss of 30% of the initial
achieving an IRR of 29% over • Exited our 26.4% stake in 2017 Sudan, Rwanda and DRC growth and realise synergies local banks in 2010 investment value albeit at a
the holding period achieving an IRR of 22% over • Assisted the business raise KES • Increased its shareholding • Realised proceeds of KES 260 1.3x gain on the carry value
the holding period 4.7 Bn growth capital in 2012 from 32% to 53.9% through Mn and reinvested KES 180 Mn and redeployed the
from 3 PE funds at 10x the consolidation process and to increase Centum’s capital into more profitable
Centum’s entry valuation in cemented Centum’s position shareholding from 9% to 15% in investments
2003 as the single largest the highl y profitable airline
P L AT I N U M
C R E D I T LT D

AO N

LONGHORN
PUBLISHERS

CO2
C A R B A C I D LT D
• Exited the business in 2015 at a shareholder caterer
52% IRR to a strategic investor
 O U R S T R AT E G I C E V O LV E M E N T C E N T U M 3 . 0 S T R AT E G I C P I L L A R S

1967 - 2004
Acquires minority stakes predominantl y
in market leaders and in publicl y-traded
securities on the Nairobi Stock Exchange

Focused primaril y on Kenya

RETURN
Generate 35% annualised return
between FY 14 and FY 19.
2004 - 2009 2009 - 2014 2014 - 2019 Consistentl y outperform the market.

F O C U S
CENTUM CENTUM CENTUM Develop and scal e investments
across ke y sectors.
1.0 2.0 3.0 Optimise portfolio in line with sector
focus.

The investment approach is as a

portfolio manager spread across
Strategic
Company
plan
into
re-organizes
three
the
distinct
Business
to
model
incorporate Centum
is adapted
as a
S C A L E
10 sectors, interested primaril y business lines: Private Equity (PE), project sponsor and developer of Grow total assets to KES 120 Billion
in acquisition of minority stakes Quoted Private Equity (QPE) and investment grade assets across (USD 1.2 Billion) by end 2019.
in market leaders and publicl y Real Estate (RE) with a Pan-African eight key sectors
traded securities across non- focus
distinct sectors within East Africa Purchase of 10,254 acres for

B R A N D
On PE, the investment approach Vipingo Development Limited.
Centum’s Quoted Private Equity involves a traditional PE investor
(QPE) approach is to invest with interests primaril y in Asset development undertaken
Centum’s proprietary capital in acquisition of a controlling or through leverage of third-party Develop sector expertise across ke y
publicl y-traded securities on minority stake in market leaders in capital, project specific debt and sectors.
exchanges across Africa identified sectors internal resources and thereafter Build a track record of project
realizing gains on partial or full exit development in targeted sectors.
Purchase of 101.5 acres for Two through the sale of the investment
Rivers Development Ltd. grade assets to downstream
investors at a significant value
Purchase of 389 acres for Pearl uplift
Marina Estates Ltd.

On QPE, the approach involves

C O S T S
Maintain costs below 2.0 % of total
Centum’s proprietary capital
assets.
being invested in publicl y-traded
securities on exchanges across
Africa
 OV E R V I E W
BUSINESS
DE VE LO P ME NT P ROJ E C TS

Focus on development of bankable

project across key sectors

Leverage Internal resources to de- G R OW T H B U S I NE S S E S

risk projects
Focus on operationalization
and growth

Leverage third party capital

and project specific debt

OU R
B U S I N E SS
M OD E L

M AT U R E B U S I N E S S E S

Partial/full exit to realize gains

OUR KEY OB J ECT IVE IS TO CONSIST ENT LY GENE RATE

MARKET B EAT ING RET URNS BY B UILDING EX T RAO RDINARY

ENT E RP RISES. WE MAINTAIN FOCUS T HROUGH 3 DIST INC T

B U SINESS P O RT FOL IOS NAMELY; REAL ESTAT E, P RIVATE

EQ UIT Y (COMP RISING OF B OT H OUR GROWT H AND

DEVELO P MENT P O RT FOL IOS) AND MARKETAB LE SECURIT IES.

T HESE 3 VE RT ICALS CUT ACROSS DIFFE RENT IND UST RIES

INCLUDING REAL ESTAT E, FM CG, FINANCIAL SE RVICES,

P OWE R, ED UCAT ION AND AGRI-B U SINESS.

GROWTH PORTFOL IO 1 2 3
FA S T M O V I N G C O N S U M E R G O O D S FINANCIAL SERVICES OTHERS
OUR GROWTH PORT FOL I O’S FOCU S I S ON T H E

O PE RATIONAL IZAT I ON AND G ROW T H OF OUR

A L M A S I B E V E R AG E S L I M I T E D S I D I A N BA N K L I M I T E D I S U Z U E AST A F R I C A
I N VE STEE ENTITIE S. WE LOOK TO L E VE R AG E S HA R E HO L DI NG : 5 4 . 9 % S HA R E HO L DI NG : 7 8 . 9 % S H A R E H O L D I N G : 1 7. 8 %
T HI RD PARTY CAPITAL AND P ROJE CT SP E CI FI C
PRODUCTS: COCA-COLA RANGE OF PRODUCTS S U B- S E CTOR : BANK I NG SECTOR: MOTOR VEHICLE ASSEMBLY
DEBT FOR OUR INVE ST ME NTS I N T H E G ROW T H
MARKET S HARE: 3 0% VALUAT I ON ME T HODOLOGY: PR I CE TO BOOK VALUATION METHODOLOGY: FAIR VALUE;
PO RTFOL IO. THE G ROW T H P ORT FOL I O TERRITORY COVERED: 25-27 COUNTIES RECENT PRICE

REPRESENTS OUR T R ADI NG SU BSI DI AR I E S VALUATION METHODOLOGY: EV/EBITDA MULTIPLE A leading tier III bank SME focused commercial
bank in Kenya providing an array of financial Involved in the assembl y of trucks, pick-ups
O R INVESTMENTS T HAT HAVE P ROG R E SSE D
The holding company owning three of Kenya’s six services to individuals and enterprises. and bus chassis via a complete knock down
F ROM DEVELOPMENT TO A CASH G E NE R AT I VE
Coca-Cola bottling franchises and is involved in (CKD) kit process and imports new completel y
STAGE. INVESTME NTS UNDE R T HI S SE G ME NT the manufacturing, packaging, distributing and built units (CBU) for sale for the Isuzu brands.
selling of Coca-Cola range of products. ZOHARI LEASING L IMITED Also deals in after sales service, motor vehicle
I N C LUDE THE BE VE R AG E , P U BL I SHI NG ,
S HA R E HO L DI NG : 1 0 0 % repairs and part sales.
F I N ANCIAL SE RVI CE S AND UT I L I T I E S

BUS INESSES. EFFI CI E NT MONE T I ZAT I ON OF N A I R O B I BOT T L E R S L I M I T E D S U B- S E CTOR : LE AS I NG

MAT URE ASSETS AL LOWS R E -I NVE ST ME NT S H A R E H O L D I N G : 2 7. 6 % VALUAT I ON ME T HODOLOGY: NE T ASS E T VALUE LONGHORN PUBL ISHERS L IMITED
S HA R E HO L DI NG : 6 0 . 2 %
AND LEVE RAGE. L E G ACY DI VI DE ND PAY I NG
Zohari Leasing is an SME focused tailored
PRODU CTS : COCA-COL A RANG E OF PRODU CTS
UN L ISTED ASSETS AR E I NCLUDE D I N T HI S leasing solutions company across various S E CTOR : PU BL I S HI NG
MARKET S HARE: 47 %
PO RTFOL IO. sectors by funding an array of assets including S U B- S E CTOR : E DU CAT I ON
TERRITORY COVERED: 13 COUNTIES
motor vehicles, agricultural equipment, ICT VALUAT I ON ME T HODOLOGY: MA R KE T P R I C E
VALUATION METHODOLOGY: EV/EBITDA MULTIPLE
equipment and retail fit-outs through operating
leases, finance leases and lease buy-backs. The second largest publisher in Kenya and is
The largest of the Coca Cola franchise bottlers
in Kenya and is engaged in the manufacturing, also listed is listed on the Nairobi Securities

packaging, distributing and selling of Coca-Cola Exchange. Longhorn Publishers is the first
N A B O C A P I TA L L I M I T E D publisher in Kenya to digitize all its books with
range of products.
S HA R E HO L DI NG : 1 0 0 % its books already listed on platforms such as
Amazon among others.
S U B- S E CTOR : ASS E T MANAG E ME NT
K I N G B E V E R AG E L I M I T E D
VALUAT I ON ME T HODOLOGY: NE T ASS E T VALUE
S HA R E HO L DI NG : 1 0 0 %
N A S S E R VA I R L I M I T E D
Nabo’s core business revolves around the S HA R E HO L DI NG : 1 5 %
PRODU CTS : BEE RS AND S PIRIT DISTRIBUT I ON
management of traditional asset classes such
VALUATION METHODOLOGY: COST
as equities, money markets, fixed-income S E CTOR : FOOD & BE VE R AG E
portfolios, alternative asset classes such as real S U B- S E CTOR : AI R L I NE CAT E R I NG
The sole distributor for Carlsberg Brands and
estate, securitizations and private instruments. VALUAT I ON ME T HODOLOGY: E V/ E BI TDA M ULT I P L E
selected EFME & Grays spirits in Kenya.
In addition, Nabo provides an array of
investment advisory services to corporate, A full y integrated catering provision, on- site
partnership, institutional and private clients, catering services and utilities. NAS Servair
including structured products for debt and is the main airline caterer serving in Kenya’s
equity capital markets and has clients who largest two international airports and offers
include endowments, sovereign entities, private meals to over 30 international airlines.
clients and institutions.
 1 2 3
R E A L E S TAT E P O R T F O L I O
T W O R I V E R S D E V E L O P M E N T LT D V I P I N G O D E V E L O P M E N T LT D PEARL MARINA
S HA R E HO L DI NG : 5 8 . 3 % S HA R E HO L DI NG : 1 0 0 % D E V E L O P M E N T LT D
OUR REAL ESTATE ST R AT E GY SE E KS TO S HA R E HO L DI NG : 1 0 0 %
MASTE R DEVELOP AT T R ACT I VE SI T E S ACROSS L AND BANK: 102 ACRES LAND BANK : 10,2 54 ACR E S
DEVELOPMENT TYPE: MIXED-U S E DE VE LOPME NT T Y PE : MI XE D- U S E LAND BANK : 3 89 ACR E S
THE REGION AND P ROVI DE COMME R CI AL
ANCHOR PROJECT: RETAIL , ENTE RTAINMENT ANCHOR PROJE CT: I NDU ST R I AL PAR K DE VE LOPME NT T Y PE : MI XE D - USE
I MPETUS FOR INVE STOR S TO E STABL I SH
AND L IFESTY L E CENTRE LOCAT I ON: K I L I FI , K E NYA ANCHOR PROJE CT: WE ST P E A R L VI L L AS
UR BAN NODE DEVELOPMENTS THEREIN. CAPITAL LOCATION: NAIROBI VALUAT I ON ME T HODOLOGY: NE T ASS E T VALUE LOCAT I ON: G ARU G A PE NI N SUL A , UGA NDA

RAISED IS AT PROJE CT L E VE L TO FUND T RUNK VALUATION METHODOLOGY: NET ASS ET VALUE VALUAT I ON ME T HODOLOGY: NE T ASSE T VA LUE
Vipingo Development is planned as an integrated
I N FRASTRUCTURE AND ST R AT E G I C I N-FI L L Two Rivers Development (TRDL) is a Kenya economic hub with a vision to develop the most Pearl Marina is a 389-acre mixed-use
Vision 2030 flagship project set on 102 acres of competitive location of doing business in Kenya development in Uganda located 10 kms east of
DEVELOPMENTS TO CATALYSE LOCAT I ONS
prime land. It is a master-planned development that will become a sought-after destination in East Entebbe and 20kms from Kampala and close to
AND ATTRACT THI R D PART Y DE VE LOP E R S. strategicall y located within the ‘Diplomatic Blue Africa and beyond. Spread across 10,254 acres and Entebbe Airport. The prime real estate is set on
Zone’ of Gigiri, Nairobi. supported by high quality infrastructure, amenities, a partiall y developed peninsula that has 3 kms
MONETISATION OF T H E SI G NI FI CANT VALUE
services and urban environment, Vipingo will provide of lake frontage and magnificent views of Lake
UPL I FT IS REAL I SE D T H ROU GH SAL E OF The Two Rivers Development integrates a retail, high quality of life, environment sustainability and Victoria and is envisioned as a world class resort
entertainment and lifestyle centre, Grade A competitive economics making it a business and destination.
CONSTRUCTION-READY SI T E S TO T HI R D PART Y
offices, 3 & 5-star hotels, conferencing facilities, residential location of choice.
I N VESTORS. ONGOI NG UR BAN MANAG E ME NT residential apartments and a multi-specialty Pearl Marina will integrate premium residential and
hospital. Phase 1(A) of the development is now Vipingo is strategicall y located between Mombasa tourism facilities with world class infrastructure.
I S A KEY PART OF VALUE P ROP OSI T I ON FOR
operational and is home to Two Rivers Lifestyle and Kilifi towns and is well-positioned in terms The development will offer hotels, conferences
T HI RD PARTY INVE STOR S AND A SOUR CE OF Centre; the largest mall in East & Central Africa. of its proximity to transport infrastructure facilities, luxury villas, apartments, medical
The Two Rivers Development creates a true ‘Live- connecting Vipingo to the market and the world. facilities, a modern office park, a retail centre and
ANNUITY INCOME FOR T H E G ROU P.
Work-Play’ concept. The Development will be anchored by an industrial a wide range of sports and recreational facilities.
park spread across 1,150 acres which will be rolled
out in phases. Phase 1 will cover 180 acres.

4
AT H E N A P R O P E R T I E S LT D
S HA R E HO L DI NG : 1 0 0 %

S COPE : PROJE CT DE VE LOPME NT AND MANAG E ME NT

VALUAT I ON ME T HODOLOGY: NE T ASS E T VALUE

Provides end to end turnkey real estate solutions from conceptualization to delivery. Services offered include
master planning, project development, project management and real estate leasing and operations.

O U R VA L U E C R E AT I O N P R O C E S S

ACQ UI S I T I ON MA S T E R P L A N AT T R A C T I N G T H I R D DE V E L O P I NG A VA I L U N D E R TA K E U R B A N
O F L A ND DE VE LO P ME NT PA R T Y C A P I TA L I N F R A S T RU C T U R E CON S T RU C T I ON MA N AG E ME N T O F
I N S T R AT E G I C A N D O B TA I N I N G AT D E V E L O P M E N T R E A DY S I T E S DE VE LO P ME NTS
A ND S E L E C T I N F I L L
L O C AT I O N S A P P R O VA L S LEVEL TO I N VE STO R S
DE V E L O P ME N T S
I N L I NE WI T H
MA S T E R P L A N
 DEVELOPMENT
PORTFOLIO

T H E DEVELOPMENT P ORT FOL I O’S FOCU S I S TO

GENE RATE SUBSTA NT I AL VALUE BY CR E AT I NG

NEW ASSETS THAT HAVE DE MONST R ABL E

MA RKET VALUE P R E CE DI NG G E NE R AT I ON

O F SUB STANTIAL R E VE NUE S, U SUAL LY 3 – 5

YEARS AFTE R INCE P T I ON.

1 2 3
POWER E D U C AT I O N AG R I B U S I N E SS

AMU POWER L IMITED AFRICA CREST E D U C AT I O N G R E E N B L A D E G R O W E R S LT D

SHAR EHOL DING: 5 1 % (ACE) HOLDINGS SHA REHOLDING: 100%
S HARE HOLDING: 1 7. 9%
PROJE CT: COAL P OWE R P LA NT PRODU CTS : VE G E TABLE S AND H E R BS

VA LUAT ION ME T HODOLO GY: COST CURRICULUM: SABIS ® EDU CATIONAL SYSTEM™ LAND: 12 0 ACR E S

VALUATION METHODOLOGY: COST LOCAT I ON: OL- K ALOU, K E NYA

A mu Power Limited i s th e p ro j ect co mp any VALUAT I ON ME T HODOLOGY: NE T ASS E T VALUE

for the 1,0 50 MW co a l p ower pl an t i n Mand a Africa Crest Education (ACE) Holdings is a
consortium formed with Investbridge Capital,
Ba y, Lamu County, Ke nya . G re e nb l ade Growers Lim ite d is invol ve d in
Dubai Investments, Dubai based investment
the g rowing , p roce ssing and ex p ort of f re sh
firms and SABIS®, a school operator with 130
herb s and ve g etab l e s to c us tom er s b ase d
years’ experience and a presence in five
continents comprising more th an 70,000 in Europe with ke y p rod uc ts for ex p or t
AKIIRA GEOTHERMAL LIMITED students in 57 schools. b e ing c hive s, d il l , m int, tarra g on, p arsl e y,
SHAR EHOLDING : 37. 5 % l e m on g rass, wil d roc ket, rose m ary and
ACE h as a vision of opening twenty Kindergarten cor iander. This is undertake n on 1 20 ac re s
to Grade 12 (K-12) SABIS® operated schools
PROJE CT: G E OT H E R MA L P OWE R P LA NT of a g r ic ul tura l arab l e l and in Tum aini,
across Sub-Sah aran Africa, anchored on
VA LUAT ION ME T HODOLO GY: COST Nyandarua County.
affordabl e and holistic l earning.

A ki i ra Geotherma l L i m i te d i s th e p ro j ect
comp any underta k i n g th e devel o p men t S A B I S ® I N T E R N AT I O N A L 4
S C H O O L – R U N D A , K E N YA H E A LT H C A R E
of a 140M W geoth er m a l p ower pl an t i n
th e Olkaria region of Na ku r u Coun t y. Th e
The first school under ACE Holdings, SABIS® We seek to develop an integrated healthcare
proj ect will be under ta ke n i n t wo p h a ses,
International School – Runda, sits on 20 acres delivery establishing a world class healthcare
wi th the firs t 70 MW. within Nairobi’s Runda residential catchment.
delivery platform platform targeting the
Launched in September 2018, the school h as
middle class.
a built-up capacity of 1,200 students and a
potential to expand to 2,000.
M A R K E TA B L E S E C U R I T I E S QPE VS NSE 20 GROSS RETURN (%)

OUR MARKETAB LE SE CUR I T I E S P ORT FOL I O

COMPRISES OUR I NVE ST ME NTS I N QUOT E D

S ECURITIES AND FIXE D I NCOME I NST RUME NTS .

T H E PORTFOL IO HAS A DY NAMI C ST R AT E GY

T HAT EMPHASIZES CAP I TAL P R E SE RVAT I ON I N

VOL ATILE MARKETS AND SE E KS TO COMP OUND

AGGRESSIVELY IN BUL L I SH MAR K E T

CONDITIONS FOR ABSOLUT E P OSI T I VE

RET URNS ALL ROUND. T H E P ORT FOL I O HAS

DEL I VE RED CUMUL AT I VE R E T UR NS OF 56 %

OVE R THE CENTUM 3 .0 ST R AT E GY P E R I OD TO

DAT E.
OUR
LEADERSHIP
TEAM
BOA R D O F D I R EC TO R S
DR. DONALD KABERUKA DR. CHRISTOPHER KIRUBI M R S . C AT H E R I N E I G AT H E DR. LAILA MACHARIA H O N . W I L L I A M B YA R U H A N G A
CHAIRMAN AND NON-EXECUTIVE NON-EXECUTIVE DIRECTOR NON-EXECUTIVE DIRECTOR NON-EXECUTIVE DIRECTOR NON-EXECUTIVE DIRECTOR

DIRECTOR

D R . J A M E S M W O R I A , C FA M R . W I L L I A M H AG GA I M R S . M A RY N G I G E MRS. SUSAN GITHUKU DR. MOSES IKIARA

G R O U P C H I E F E X EC U T I V E O F F I C E R NON-EXECUTIVE DIRECTOR N O N - E X EC U T I V E D I R EC TO R NON-EXECUTIVE DIRECTOR NON-EXECUTIVE DIRECTOR

A N D M A N AG I N G D I R EC TO R
F O U N D AT I O N
THE CENTUM
T HE CENT UM FOUNDAT ION IS A NON-P RO FIT

COMPANY L IM IT ED BY G UARANT EE AND

ESTAB L ISHED IN 201 6 TO MOBIL IZE AND SCALE

T HE CENT UM GROU P ’S EXIST ING CO RP O RAT E

SOCIAL INVEST MENT (CSI).

T H E F O U N D AT I O N ' S E D U C AT I O N

MISSION IS TO We deepl y believe that education is a critical

FA C I L I TAT E A F R I C A ' S element required to empower communities

to break-out of the poverty cycle. We provide

M O S T C R E AT I V E holistic 8-year scholarship programs (from

A N D S U S TA I N A B L E secondary to tertiary education) to qualifying

students from public primary schools. The

SOLUTIONS scholarship program includes one-to-one

mentorship, internship opportunities and

community give-back programs. Through our

OUR VI SI ON I S “ TO C R EATE S U STA I N A B LE P RO G R A M S THAT Vipingo Development Project Fund we sponsor

E MP OWE R T H E COMM UNI TY ” . OUR C S I STR ATE GY I N VOLVE S at least 50 students annuall y in Kilifi County

in addition to 5 students annuall y at Alliance

I DE NT I FY I NG I MPACTF UL, S CA LA B LE A ND S U STA I N A B LE
High School and 2 students annuall y under
I NI T I AT I VE S T HAT EMP OWE R THE COMM UNI TI E S WI THI N our partnership with Education for All Children

W HI CH WE OP E R AT E A ND A R E I MP LEMENTED I N PA RTNE R S HI P (EFAC), a public charitable trust.

WI T H AL L K E Y PART NE R S A ND STA KE HOLDE R S .

INFRASTRUCTURE
OUR CSI I NI T I AT I VE S A R E I NTEG R ATED I NTO THE VA LUE C HA I N

CR E AT I ON P ROCE SS AC ROSS A LL OUR CO R E B U S I NE SS E S We focus on improving the quality of life in the

communities we operate in by partnering with

AND DE VE LOP ME NT P ROJ EC TS TO E N S UR E THE LONG -TE R M
SU STAI NABI L I T Y OF E AC H C S I I NI TI ATI VE . THE S E I NI TI ATI VE S
AR E CE NT E R E D AROUND FOUR KE Y S EC TO R S A L I G NED TO
key stakeholders to build, refurbish and improve
basic infrastructure facilities required within
the community such as schools, hospitals and

T H E OVE R AL L CE NT UM G ROU P STR ATE GY A ND I N C LUDE: boreholes.

ENTREPRENEURSHIP THE C E NT UM F O U N D AT I O N IS COMMITTED

TO SUPPORT THE R E A L I S AT I O N OF THE

We identify and invest in ideas, start-up
M I L L E NNI UM DE VE LO P ME NT G OA L S ( M D G S ) I N
companies and existing small business and
leverage on our existing resources to transform K E N Y A A N D A C R O S S T H E M A R K E T S W E O P E R AT E

them into the market leaders of tomorrow and I N . TO T HI S E ND, WE A R E I N T H E P ROC E S S O F

support them to provide innovative solutions
D E V E L O P I N G A S U S TA I N A B I L I T Y S T R AT E G Y A N D
to prevalent problems in our society. We offer
E N V I R O N M E N TA L , SOCIAL A ND GOVE RNANCE
seed funding and business support to young
entrepreneurs, nurture them to grow their ideas ( E S G ) P O L I CY TO B E I MP L E ME N T E D AC RO S S T H E
and start-ups into well-established businesses, C E N T U M G R O U P.
and leverage on our networks and partner them
with the right investors to grow and scale-up
their businesses. IN A DDI T I ON TO THE ESG POLICY WE ARE

DE VE LO P I NG OUR P R I N C I P L E S FO R R E S P ON S I B L E

I N V E S T M E N T ( P R I ) P O L I C Y T H AT W I L L I N T E G R AT E

OUR E S G P O L I CY I N TO A L L OUR I N VE ST ME N T
H E A LT H C A R E A N A LY S I S A ND DE C I S I ON - MA K I NG PROCESSES

A C R O S S T H E C E N T U M G R O U P.
We plan to develop a healthcare facility and
facilitate a wellness program that provided free
medical check-ups at least once a year to our
community residents.
C E NT UM I N VE ST ME NT COMPA NY P LC .

9TH FLOOR, SOUTH TOWE R

TWO RIVE RS, LIMURU ROAD

P O BOX 10518 - 00100 NAIROBI

CENTUM.CO.KE