TO BE VISION CHANNEL AFRICA'S · company listed on the Nairobi Securities Exchange and Uganda...

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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.

O U R P E R F O R M A N C E

2,759 employees directly

employed in our Investee

Companies

KES 22 Billion (c. US$ 218 Million)

capital deployment over the strategic

period of Centum 3.0

KES 25.3 Billion (c. US$ 262.8 Million) foreign

capital attracted as exit proceeds

E M P L O Y M E N T

I N V E S T M E N T S

F O R E I G N D I R E C T

I N V E S T M E N T O V E R

T H E S T R A T E G I C

P E R I O D C E N T U M 3 . 0

O U R I M P A C T

R E S P O N S I B L E I N V E S T I N G

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 only 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 environmentally

conscious investments.

• Helps the Company promote its

commitment to our stakeholders and to

comply, 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 T A L

S O C I A L G O V E R N A N C E

S T A 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

supply chain in all its operations;

• A responsible approach to environmental

management of their business operations

(and those of their supply 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

supply chain;

• Maintaining safe and healthy working

conditions for their employees and

contractors and for the people working in

their supply chain;

• Treating their employees fairly;

• Upholding the right to freedom of

association and collective bargaining; and

• Treating their customers fairly 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.

I N V E S T M E N T P H I L O S O P H Y

& S T R A T E G Y

Over the years, our business model has

evolved and so has our investment philosophy.

Centum generally focuses on companies in

sectors with:

• Large and growing domestic and regional

markets targeted principally 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

relatively 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 jointly invest.

Our investment objectives are anchored

around the following constraints:

• Asset Allocation – ensuring a healthy

balance of investments across various

segments and portfolio classes (namely

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.

O U R T R A C K R E C O R D

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• Demonstrated ability to

exit at attractive valuations

in public equity markets

• Acquired 23% of listed

company in 2009 for KES 418 Mn

• Exited in 2010 for KES 1.2 Bn

in a highly illiquid counter

delivering an IRR of 56%

• Demonstrated ability

to create attractive regional

growth plans

• Assisted the expansion of the

insurance business in South

Sudan, Rwanda and DRC

• Assisted the business raise KES

4.7 Bn growth capital in 2012

from 3 PE funds at 10x

Centum’s entry valuation in

2003

• Exited the business in 2015 at a

52% IRR to a strategic investor

• Demonstrated ability to attract

strategic investors to realise

strategic and operational synergies

• Led in privatisation of the business

via exit to the private sector

• Exited our 26.4% stake in 2017

achieving an IRR of 22% over

the holding period


drive business growth

through portfolio synergies

• Exited our 21.5% stake in

2016 generating an IRR of

44% over the holding period


complete Leverage Buyouts

(LBO)

• Assisted strategic technical

partner complete an LBO with

local banks in 2010

• Realised proceeds of KES 260

Mn and reinvested KES 180 Mn

to increase Centum’s

shareholding from 9% to 15% in

the highly profitable airline

caterer

• Demonstrated ability to exit

from underperforming assets

• Exited in a secondary buyout

to two PE funds in 2010

at a loss of 30% of the initial

investment value albeit at a

1.3x gain on the carry value

and redeployed the

capital into more profitable

investments

23%14%26.4% 21.5% 15% 10%

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attract international investors

• Achieved AUM growth of over

2.0x over the holding period

• Exited* stake to an investor

achieving an IRR of 29% over

the holding period

73.4%

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• Achieved loan book growth

of 3.3x and an average over

the holding period

• Exited stake to the pre-

existing management and

shareholders achieving an

IRR of 31% over the holding

period

25%

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• Demonstrated ability to take

companies public to realise

price discovery

• Listed the company in

May 2012

• Assisted the business

expansion into the

Francophone market

60.2%

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• Led the process of

consolidating 3 of the

country’s 6 Coca-Cola bottling

plants to create a platform

to drive further efficiency and

growth and realise synergies

• Increased its shareholding

from 32% to 53.9% through

the consolidation process and

cemented Centum’s position

as the single largest

shareholder

53.9%

O U R S T R A T E G I C E V O L V E M E N T C E N T U M 3 . 0 S T R A T E G I C P I L L A R S

2 0 0 9 - 2 0 1 4 2 0 1 4 - 2 0 1 92 0 0 4 - 2 0 0 9

1 9 6 7 - 2 0 0 4

Strategic plan re-organizes the

Company into three distinct

business lines: Private Equity (PE),

Quoted Private Equity (QPE) and

Real Estate (RE) with a Pan-African

focus

On PE, the investment approach

involves a traditional PE investor

with interests primarily in

acquisition of a controlling or

minority stake in market leaders in

identified sectors

Purchase of 101.5 acres for Two

Rivers Development Ltd.

Purchase of 389 acres for Pearl

Marina Estates Ltd.

On QPE, the approach involves

Centum’s proprietary capital

being invested in publicly-traded

securities on exchanges across

Africa

The investment approach is as a

portfolio manager spread across

10 sectors, interested primarily

in acquisition of minority stakes

in market leaders and publicly

traded securities across non-

distinct sectors within East Africa

Centum’s Quoted Private Equity

(QPE) approach is to invest

Centum’s proprietary capital in

publicly-traded securities on

exchanges across Africa

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Business model is adapted

to incorporate Centum as a

project sponsor and developer of

investment grade assets across

eight key sectors

Purchase of 10,254 acres for

Vipingo Development Limited.

Asset development undertaken

through leverage of third-party

capital, project specific debt and

internal resources and thereafter

realizing gains on partial or full exit

through the sale of the investment

grade assets to downstream

investors at a significant value

uplift

Acquires minority stakes predominantly

in market leaders and in publicly-traded

securities on the Nairobi Stock Exchange

Focused primarily on Kenya

Generate 35% annualised return

between FY 14 and FY 19.

Consistently outperform the market.

Develop and scale investments

across key sectors.

Optimise portfolio in line with sector

focus.

Grow total assets to KES 120 Billion

(USD 1.2 Billion) by end 2019.

Develop sector expertise across key

sectors.

Build a track record of project

development in targeted sectors.

Maintain costs below 2.0 % of total

assets.

R E T U R N

F O C U S

S C A L E

B R A N D

C O S T S

G R O W T H B U S I NE S S E S

Focus on operationalization

and growth

Leverage third party capital

and project specific debt

O U R

B U S I N E S S

M O D E L

D E V E L O P ME N T P R O J E C T S

Focus on development of bankable

project across key sectors

Leverage Internal resources to de-

risk projects

MAT U R E B U S I NE S S E S

Partial/full exit to realize gains

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OUR KEY OBJECTIVE IS TO CONSISTENTLY GENERATE

MARKET BEATING RETURNS BY BUILDING EXTRAORDINARY

ENTERPRISES. WE MAINTAIN FOCUS THROUGH 3 DISTINCT

BUSINESS PORTFOLIOS NAMELY; REAL ESTATE, PRIVATE

EQUITY (COMPRISING OF BOTH OUR GROWTH AND

DEVELOPMENT PORTFOLIOS) AND MARKETABLE SECURITIES.

THESE 3 VERTICALS CUT ACROSS DIFFERENT INDUSTRIES

INCLUDING REAL ESTATE, FMCG, FINANCIAL SERVICES,

POWER, EDUCATION AND AGRI-BUSINESS.

G R O W T H P O R T F O L I O

OUR GROWTH PORTFOLIO’S FOCUS IS ON THE

OPERATIONALIZATION AND GROWTH OF OUR

INVESTEE ENTITIES. WE LOOK TO LEVERAGE

THIRD PARTY CAPITAL AND PROJECT SPECIFIC

DEBT FOR OUR INVESTMENTS IN THE GROWTH

PORTFOLIO. THE GROWTH PORTFOLIO

REPRESENTS OUR TRADING SUBSIDIARIES

OR INVESTMENTS THAT HAVE PROGRESSED

FROM DEVELOPMENT TO A CASH GENERATIVE

STAGE. INVESTMENTS UNDER THIS SEGMENT

INCLUDE THE BEVERAGE, PUBLISHING,

FINANCIAL SERVICES AND UTILITIES

BUSINESSES. EFFICIENT MONETIZATION OF

MATURE ASSETS ALLOWS RE-INVESTMENT

AND LEVERAGE. LEGACY DIVIDEND PAY ING

UNLISTED ASSETS ARE INCLUDED IN THIS

PORTFOLIO.

FA S T M O V I N G C O N S U M E R G O O D S

A L M A S I B E V E R A G E S L I M I T E D

S HA R E H O L D I NG : 5 4 . 9 %

PRODUCTS: COCA-COLA RANGE OF PRODUCTS

MARKET SHARE: 30%

TERRITORY COVERED: 25-27 COUNTIES

VALUATION METHODOLOGY: EV/EBITDA MULTIPLE

The holding company owning three of Kenya’s six

Coca-Cola bottling franchises and is involved in

the manufacturing, packaging, distributing and

selling of Coca-Cola range of products.

N A I R O B I B O T T L E R S L I M I T E D

S HA R E H O L D I NG : 2 7. 6 %

PRODUCTS: COCA-COLA RANGE OF PRODUCTS

MARKET SHARE: 47%

TERRITORY COVERED: 13 COUNTIES


The largest of the Coca Cola franchise bottlers

in Kenya and is engaged in the manufacturing,

packaging, distributing and selling of Coca-Cola

range of products.

K I N G B E V E R A G E L I M I T E D

S HA R E H O L D I NG : 1 0 0 %

PRODUCTS: BEERS AND SPIRIT DISTRIBUTION

VALUATION METHODOLOGY: COST

The sole distributor for Carlsberg Brands and

selected EFME & Grays spirits in Kenya.

F I N A N C I A L S E R V I C E S

S I D I A N B A N K L I M I T E D

S HA R E H O L D I NG : 7 8 . 9 %

SUB-SECTOR: BANKING

VALUATION METHODOLOGY: PRICE TO BOOK

A leading tier III bank SME focused commercial

bank in Kenya providing an array of financial

services to individuals and enterprises.

Z O H A R I L E A S I N G L I M I T E D

S HA R E H O L D I NG : 1 0 0 %

SUB-SECTOR: LEASING

VALUATION METHODOLOGY: NET ASSET VALUE

Zohari Leasing is an SME focused tailored

leasing solutions company across various

sectors by funding an array of assets including

motor vehicles, agricultural equipment, ICT

equipment and retail fit-outs through operating

leases, finance leases and lease buy-backs.

N A B O C A P I TA L L I M I T E D

S HA R E H O L D I NG : 1 0 0 %

SUB-SECTOR: ASSET MANAGEMENT


Nabo’s core business revolves around the

management of traditional asset classes such

as equities, money markets, fixed-income

portfolios, alternative asset classes such as real

estate, securitizations and private instruments.

In addition, Nabo provides an array of

investment advisory services to corporate,

partnership, institutional and private clients,

including structured products for debt and

equity capital markets and has clients who

include endowments, sovereign entities, private

clients and institutions.

O T H E R S

I S U Z U E A S T A F R I C A

S HA R E H O L D I NG : 1 7. 8 %

SECTOR: MOTOR VEHICLE ASSEMBLY

VALUATION METHODOLOGY: FAIR VALUE;

RECENT PRICE

Involved in the assembly of trucks, pick-ups

and bus chassis via a complete knock down

(CKD) kit process and imports new completely

built units (CBU) for sale for the Isuzu brands.

Also deals in after sales service, motor vehicle

repairs and part sales.

L O N G H O R N P U B L I S H E R S L I M I T E D

S HA R E H O L D I NG : 6 0 . 2 %

SECTOR: PUBLISHING

SUB-SECTOR: EDUCATION

VALUATION METHODOLOGY: MARKET PRICE

The second largest publisher in Kenya and is

also listed is listed on the Nairobi Securities

Exchange. Longhorn Publishers is the first

publisher in Kenya to digitize all its books with

its books already listed on platforms such as

Amazon among others.

N A S S E R VA I R L I M I T E D

S HA R E H O L D I NG : 1 5 %

SECTOR: FOOD & BEVERAGE

SUB-SECTOR: AIRLINE CATERING


A fully integrated catering provision, on- site

catering services and utilities. NAS Servair

is the main airline caterer serving in Kenya’s

largest two international airports and offers

meals to over 30 international airlines.

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T W O R I V E R S D E V E L O P M E N T LT D

S HA R E H O L D I NG : 5 8 . 3 %

LAND BANK: 102 ACRES

DEVELOPMENT TYPE: MIXED-USE

ANCHOR PROJECT: RETAIL, ENTERTAINMENT

AND LIFESTYLE CENTRE

LOCATION: NAIROBI


Two Rivers Development (TRDL) is a Kenya

Vision 2030 flagship project set on 102 acres of

prime land. It is a master-planned development

strategically located within the ‘Diplomatic Blue

Zone’ of Gigiri, Nairobi.

The Two Rivers Development integrates a retail,

entertainment and lifestyle centre, Grade A

offices, 3 & 5-star hotels, conferencing facilities,

residential apartments and a multi-specialty

hospital. Phase 1(A) of the development is now

operational and is home to Two Rivers Lifestyle

Centre; the largest mall in East & Central Africa.

The Two Rivers Development creates a true ‘Live-

Work-Play’ concept.

R E A L E S T A T E P O R T F O L I O

OUR REAL ESTATE STRATEGY SEEKS TO

MASTER DEVELOP ATTRACTIVE SITES ACROSS

THE REGION AND PROVIDE COMMERCIAL

IMPETUS FOR INVESTORS TO ESTABLISH

URBAN NODE DEVELOPMENTS THEREIN. CAPITAL

RAISED IS AT PROJECT LEVEL TO FUND TRUNK

INFRASTRUCTURE AND STRATEGIC IN-FILL

DEVELOPMENTS TO CATALYSE LOCATIONS

AND ATTRACT THIRD PARTY DEVELOPERS.

MONETISATION OF THE SIGNIFICANT VALUE

UPLIFT IS REALISED THROUGH SALE OF

CONSTRUCTION-READY SITES TO THIRD PARTY

INVESTORS. ONGOING URBAN MANAGEMENT

IS A KEY PART OF VALUE PROPOSITION FOR

THIRD PARTY INVESTORS AND A SOURCE OF

ANNUITY INCOME FOR THE GROUP.

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

A C Q U I S I T I O N

O F L A ND

I N S T R AT E G I C

L O C AT I O N S

MA S T E R P L A N

DE V E L O P ME N T

A ND O B TA I N I N G

A P P R O VA L S

AT T R A C T I N G T H I R D

PA R T Y C A P I TA L

AT D E V E L O P ME N T

L E V E L

DEVELOP ING

INFRASTRUCTURE

AND SELECT IN F I LL

DEVELOPMENTS

AVA I L

C O N S T RU C T I O N

R E A DY S I T E S

TO I N V E S TO R S

I N L I NE WI T H

MA S T E R P L A N

U N DE R TA K E U R B A N

MA N A G E M E N T O F

DE V E L O P ME N T S

V I P I N G O D E V E L O P M E N T L T D

S HA R E H O L D I NG : 1 0 0 %

LAND BANK: 10,254 ACRES


ANCHOR PROJECT: INDUSTRIAL PARK

LOCATION: KILIFI , KENYA


Vipingo Development is planned as an integrated

economic hub with a vision to develop the most

competitive location of doing business in Kenya

that will become a sought-after destination in East

Africa and beyond. Spread across 10,254 acres and

supported by high quality infrastructure, amenities,

services and urban environment, Vipingo will provide

high quality of life, environment sustainability and

competitive economics making it a business and

residential location of choice.

Vipingo is strategically located between Mombasa

and Kilifi towns and is well-positioned in terms

of its proximity to transport infrastructure

connecting Vipingo to the market and the world.

The Development will be anchored by an industrial

park spread across 1,150 acres which will be rolled

out in phases. Phase 1 will cover 180 acres.

P E A R L M A R I N A

D E V E L O P M E N T LT D

S HA R E H O L D I NG : 1 0 0 %

LAND BANK: 389 ACRES


ANCHOR PROJECT: WEST PEARL VILLAS

LOCATION: GARUGA PENINSULA, UGANDA


Pearl Marina is a 389-acre mixed-use

development in Uganda located 10 kms east of

Entebbe and 20kms from Kampala and close to

Entebbe Airport. The prime real estate is set on

a partially developed peninsula that has 3 kms

of lake frontage and magnificent views of Lake

Victoria and is envisioned as a world class resort

destination.

Pearl Marina will integrate premium residential and

tourism facilities with world class infrastructure.

The development will offer hotels, conferences

facilities, luxury villas, apartments, medical

facilities, a modern office park, a retail centre and

a wide range of sports and recreational facilities.

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AT H E N A P R O P E R T I E S LT D

SCOPE: PROJECT DEVELOPMENT AND MANAGEMENT


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.

S HA R E H O L D I NG : 1 0 0 %

D E V E L O P M E N T

P O R T F O L I O

THE DEVELOPMENT PORTFOLIO’S FOCUS IS TO

GENERATE SUBSTANTIAL VALUE BY CREATING

NEW ASSETS THAT HAVE DEMONSTRABLE

MARKET VALUE PRECEDING GENERATION

OF SUBSTANTIAL REVENUES, USUALLY 3 – 5

YEARS AFTER INCEPTION.

P O W E R

A M U P O W E R L I M I T E D

SHAREHOLDING: 51%

PROJECT: COAL POWER PLANT


Amu Power Limited is the project company

for the 1 ,050MW coal power plant in Manda

Bay, Lamu County, Kenya.

A K I I R A G E O T H E R M A L L I M I T E D

SHAREHOLDING: 37.5%

PROJECT: GEOTHERMAL POWER PLANT


Akiira Geothermal Limited is the project

company undertaking the development

of a 140MW geothermal power plant in

the Olkaria region of Nakuru County. The

project wil l be undertaken in two phases,

with the first 70MW.

E D U C A T I O N

A F R I C A C R E S T E D U C A T I O N

( A C E ) H O L D I N G S

SHAREHOLDING: 17.9%

CURRICULUM: SABIS® EDUCATIONAL SYSTEM™


Africa Crest Education (ACE) Holdings is a

consortium formed with Investbridge Capital,

Dubai Investments, Dubai based investment

firms and SABIS®, a school operator with 130

years’ experience and a presence in five

continents comprising more than 70,000

students in 57 schools.

ACE has a vision of opening twenty Kindergarten

to Grade 12 (K-12) SABIS® operated schools

across Sub-Saharan Africa, anchored on

affordable and holistic learning.

S A B I S ® I N T E R N A T I O N A L

S C H O O L – R U N D A , K E N YA

The first school under ACE Holdings, SABIS®

International School – Runda, sits on 20 acres

within Nairobi’s Runda residential catchment.

Launched in September 2018, the school has

a built-up capacity of 1,200 students and a

potential to expand to 2,000.

A G R I B U S I N E S S

G R E E N B L A D E G R O W E R S L T D

SHAREHOLDING: 100%

PRODUCTS: VEGETABLES AND HERBS

LAND: 120 ACRES

LOCATION: OL-KALOU, KENYA


Greenblade Growers Limited is involved in

the growing, processing and export of fresh

herbs and vegetables to customers based

in Europe with key products for export

being chives, dil l , mint, tarragon, parsley,

l emon grass, wild rocket, rosemary and

coriander. This is undertaken on 120 acres

of agricultural arable land in Tumaini ,

Nyandarua County.

4H E A L T H C A R E

We seek to develop an integrated healthcare

delivery establishing a world class healthcare

delivery platform platform targeting the

middle class.

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M A R K E T A B L E S E C U R I T I E S

OUR MARKETABLE SECURITIES PORTFOLIO

COMPRISES OUR INVESTMENTS IN QUOTED

SECURITIES AND FIXED INCOME INSTRUMENTS.

THE PORTFOLIO HAS A DYNAMIC STRATEGY

THAT EMPHASIZES CAPITAL PRESERVATION IN

VOLATILE MARKETS AND SEEKS TO COMPOUND

AGGRESSIVELY IN BULLISH MARKET

CONDITIONS FOR ABSOLUTE POSITIVE

RETURNS ALL ROUND. THE PORTFOLIO HAS

DELIVERED CUMULATIVE RETURNS OF 56%

OVER THE CENTUM 3.0 STRATEGY PERIOD TO

DATE.

Q P E V S N S E 2 0 G R O S S R E T U R N ( % )

T E A ML E A D E R S H I PO U R

B O A R D O F D I R E C T O R S

D R . D O N A L D K A B E R U K A

C H A I R M A N A N D N O N - E X E C U T I V E

D I R E C T O R

M R S . C A T H E R I N E I G A T H E

N O N - E X E C U T I V E D I R E C T O R

D R . C H R I S T O P H E R K I R U B I


D R . L A I L A M A C H A R I A


M R . W I L L I A M H A G G A I


D R . J A M E S M W O R I A , C FA

G R O U P C H I E F E X E C U T I V E O F F I C E R

A N D M A N A G I N G D I R E C T O R

M R S . M A R Y N G I G E


H O N . W I L L I A M B YA R U H A N G A


M R S . S U S A N G I T H U K U


D R . M O S E S I K I A R A


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THE CENTUM FOUNDATION IS A NON-PROFIT

COMPANY LIMITED BY GUARANTEE AND

ESTABLISHED IN 2016 TO MOBILIZE AND SCALE

THE CENTUM GROUP’S EXISTING CORPORATE

SOCIAL INVESTMENT (CSI).

OUR VISION IS “TO CREATE SUSTAINABLE PROGRAMS THAT

EMPOWER THE COMMUNITY”. OUR CSI STRATEGY INVOLVES

IDENTIFY ING IMPACTFUL, SCALABLE AND SUSTAINABLE

INITIATIVES THAT EMPOWER THE COMMUNITIES WITHIN

WHICH WE OPERATE AND ARE IMPLEMENTED IN PARTNERSHIP

WITH ALL KEY PARTNERS AND STAKEHOLDERS.

OUR CSI INITIATIVES ARE INTEGRATED INTO THE VALUE CHAIN

CREATION PROCESS ACROSS ALL OUR CORE BUSINESSES

AND DEVELOPMENT PROJECTS TO ENSURE THE LONG-TERM

SUSTAINABILITY OF EACH CSI INITIATIVE. THESE INITIATIVES

ARE CENTERED AROUND FOUR KEY SECTORS ALIGNED TO

THE OVERALL CENTUM GROUP STRATEGY AND INCLUDE:

I N F R A S T R U C T U R E

We focus on improving the quality of life in the

communities we operate in by partnering with

key stakeholders to build, refurbish and improve

basic infrastructure facilities required within

the community such as schools, hospitals and

boreholes.

E D U C A T I O N

We deeply believe that education is a critical

element required to empower communities

to break-out of the poverty cycle. We provide

holistic 8-year scholarship programs (from

secondary to tertiary education) to qualifying

students from public primary schools. The

scholarship program includes one-to-one

mentorship, internship opportunities and

community give-back programs. Through our

Vipingo Development Project Fund we sponsor

at least 50 students annually in Kilifi County

in addition to 5 students annually at Alliance

High School and 2 students annually under

our partnership with Education for All Children

(EFAC), a public charitable trust.

T H E F O U N D A T I O N ' S

M I S S I O N I S T O

F A C I L I T A T E A F R I C A ' S

M O S T C R E A T I V E

A N D S U S T A I N A B L E

S O L U T I O N S

T H E C E N T U M F O U NDAT I O N I S C O M M I T T E D

TO S U P P O R T T H E R E A L I S AT I O N O F T H E

M I L L E N N I UM DE V E L O P ME N T G O A L S ( M D G S ) I N

K E N Y A A ND A C R O S S T H E MA R K E T S W E O P E R AT E

I N . TO T H I S E N D , W E A R E I N T H E P R O C E S S O F

DE V E L O P I NG A S U S TA I N A B I L I T Y S T R AT E G Y A ND

E N V I R O N ME N TA L , S O C I A L A N D G O V E R N A N C E

( E S G ) P O L I C Y TO B E I M P L E M E N T E D A C R O S S T H E

C E N T U M G R O U P.

I N A D D I T I O N TO T H E E S G P O L I C Y W E A R E

DE V E L O P I NG O U R P R I N C I P L E S F O R R E S P O N S I B L E

I N V E S T ME N T ( P R I ) P O L I C Y T HAT WI L L I N T E G R AT E

O U R E S G P O L I C Y I N TO A L L O U R I N V E S T ME N T

A N A LY S I S A N D DE C I S I O N - MA K I N G P R O C E S S E S

A C R O S S T H E C E N T U M G R O U P.

E N T R E P R E N E U R S H I P

We identify and invest in ideas, start-up

companies and existing small business and

leverage on our existing resources to transform

them into the market leaders of tomorrow and

support them to provide innovative solutions

to prevalent problems in our society. We offer

seed funding and business support to young

entrepreneurs, nurture them to grow their ideas

and start-ups into well-established businesses,

and leverage on our networks and partner them

with the right investors to grow and scale-up

their businesses.

H E A L T H C A R E

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 N T U M I N V E S T M E N T C O M P A N Y P L C .

9 T H F L O O R , S O U T H T O W E R

T W O R I V E R S , L I M U R U R O A D

P O B O X 1 0 5 1 8 - 0 0 1 0 0 N A I R O B I

C E N T U M . C O . K E

TO BE VISION CHANNEL AFRICA'S · company listed on the Nairobi Securities Exchange and Uganda...

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Transcript of TO BE VISION CHANNEL AFRICA'S · company listed on the Nairobi Securities Exchange and Uganda...