Rooted in the African Growth Story
Fusion has invested in East Africa since 2006 and has financed more than 270 companies. Four principles shape our approach:
• Investments built for African conditions: an investment has to work in African conditions, in the way a car built for European roads is adapted before it is driven on African ones.
• Alignment of interest: we invest alongside our investors.
• Detail on contract and title: we check the paperwork before the money moves.
• No assumed liquidity: we do not rely on being able to sell quickly.
The East African Community (EAC) offers stable, balanced growth. Its political, legal and tax systems are maturing. Demographics and urbanization support long-term demand. Between 2007 and 2011, mobile and internet users in the region grew by about 200%.
The Northern and Central corridors link nine countries. Together they include about 5,000 km of roads, 4,500 km of rail, 17 border crossings and 2 seaports. The planned LAPSSET development at Lamu, including the South Sudan to Lamu pipeline, would add a further route to the coast.
East Africa has a large housing shortfall. Kenya builds about 35,000 units a year against a shortfall of about 150,000. Rwanda needs about 20,000 units and Uganda about 1.6 million. We target offices, middle-income residential, and industrial and commercial property along the development corridors.
Infrastructure is improving. About 73% of roads are paved. Jomo Kenyatta International Airport handles over 5 million passengers a year. Mobile coverage reaches 92% of Kenyans and 97% of Ugandans, and the 5,000 km TEAMS undersea cable connects the region to global networks.
Fusion deals only with professional investors. If you are not sure whether you qualify as a professional investor, please click here.
Whichever route you choose, we are required by law to verify your identity, confirm the source of your capital, and assess the suitability of the investment for you. To support this, Fusion Investment Management follows a rigorous yet smooth and efficient investor-onboarding process.
Contact one of our senior advisors in London or Nairobi if you would like to learn more.