I told @CentumPLC CEO, @MworiaJ, that in my thinking, the US$37.3 Million I-REIT should ideally have been a restricted offer or at least target institutional player.
So why the opening up to retail investors & how do they intend to mitigate secondary market liquidity risk for retail investors?
Mworia makes the following points:
· The design of the REIT targets the Kenyans who have hard currency deposits lying in banks fetching 3.0% - 4.0% return p.a.
· Worth pointing out here that the country’s banking system closed March 2026 at Kes 1.36 trillion worth of foreign currency deposits having grown from Kes 1.24 trillion in March 2025, posting a 9.7 percent increase y/y
· To address the secondary market liquidity risk, he says the issuer has partnered with Nabo Capital to set up a US$4.0 Millon (Kes 517.8 Million) liquidity pool to provide ready counter party in instances where an investor seeks exit but struggles to find a buyer
@BoardLotSultan@Kiratu78@JohnHiuhu Always happy to engage on investor questions. Feel free to consolidate them into one list and I’ll make some time to prepare a comprehensive response in a document format that you can share with your followers.
The notes were structured by the shareholders of TRDL as shareholder funding to support the business. As disclosed in Note 12.1 of the FY2025 Annual Report, Centum holds KSh 581 million of these notes. While the notes carried a contractual return of 25%, Centum did not accrue or recognise any interest income from TRDL in FY2025. TRDL itself was a company in which Centum owned 58.3%, with the balance held by other shareholders.
Our CEO, Brenda Mbathi, is heading to @thetradingbell show tonight at 8: 30 PM EAT on KTN Home, to give you an exclusive deep dive into the TRIFIC Green USD I-REIT!
Here is what you need to know before tuning in:
It is a USD-denominated REIT.
Has a target yield of 8% annually in USD, distributed semi-annually.
Minimum subscription starts at just $1,000
Offer is open until 12th June
Tune in tonight and find out how you can own a piece of TRIFIC North Tower within the TRIFIC Special Economic Zone. Learn more here: https://t.co/rZ4NsP8GTB
#TRIFICIREIT #GreenFinance #InvestLocally #EarnGlobally #EarninUSD #BuiltForWhatsNext #TradingBell
@IMFNews That conversation between @MworiaJ and A. Selassie is worth watching (https://t.co/pcMuVXOZDS), if nothing else, for how we're dealing with the exact same fiscal problems 3 years later.
Policymakers in KE, evidently, have learned nothing in that period.
Thank you @SingoeiAKorir for the strong support and for highlighting the significance of the TRIFIC Green USD I-REIT.
As a developer and operator within the SEZ framework, we are grateful for the continued support from government as we build world-class facilities that enable the global export of services, advance the energy transition, and create large-scale employment opportunities.
The introduction of the USD-denominated Green I-REIT is an important milestone—offering investors hard-currency, sustainability-aligned returns while mobilising capital for green-certified infrastructure within the SEZ.
With this support, TRIFIC is positioning Nairobi as a leading Special Economic Zone for high-value services, sustainable finance, and globally competitive enterprises.
We look forward to deepening this work and expanding Kenya’s footprint in the global economy.
Joined Prof @DavidNdii, the Chair of the President’s Economic Council, Frank Mwiti, CEO @NSE_PLC, Dr. Chelule, CEO @SEZAuthority_ke
and other leaders at the TRIFIC Investor Breakfast this morning at the unveiling of the TRIFIC Green USD I-REIT instrument, a pioneering, green-certified, dollar-denominated investment vehicle anchored in the Two Rivers SEZ.
This innovation provides investors with stable, hard-currency returns while encouraging Africa’s growth and the global energy transition without currency or liquidity risk.
TRIFIC strengthens Nairobi’s position as a hub for sustainable, high-quality financial products, supported by world-class infrastructure and competitive incentives. Under AfCFTA, our city is well placed to become the Pan-African listing center for climate-focused instruments.
I assured TRIFIC of the State Department's support in this endeavour through our office in Nairobi and our missions globally as we work towards attracting Foreign Direct Investment into the country. @ForeignOfficeKE@MworiaJ
Centum Plc's (@CentumPLC) James Mworia (@MworiaJ) responding to the question of why the public markets don't seem to be an attractive & compelling exit route for investors once their horizon of investment runs out.
He makes a few points:
· Fear that the public markets may not yield price discovery for the exiting investors
· The public markets seem designed for those looking to offload a minority stake & going there seeking to offload a majority risks unfavourable perception on the quality of the asset being brought to market
· Public markets seem designed for those scouting to raise additional capital & not necessarily as a route for investors scouting for an exit
Cc @NSE_PLC, @CMAKenya, @frank_mwiti
@mohammedhersi Vipingo remains a key national investment platform. Land fraudsters attempting to create fake titles should keep off — such distractions are a nuisance and will not stand against due process.
Fare thee well, Baba Raila Odinga.
You loved and cared deeply for Kenya, and our nation is better because you lived and served her with unmatched dedication.
I was honored to have known and worked with you.
My heartfelt condolences to Mama Ida and the entire Odinga family. 🇰🇪
⚠️ Public Notice
A fake video impersonating me is circulating on social media, promoting a supposed “government investment program.”
This video is AI-generated and the scheme it advertises is fraudulent.
I urge members of the public to be extremely cautious and avoid engaging with such scams.
#FraudAlert #ScamAwareness #Kenya
It is an honour for Two Rivers Mall to be the host venue for the Da Vinci International FilmAfrica Festival Awards in July 2026.
After scouting multiple locations across the continent, the Da Vinci team chose Two Rivers as the perfect setting — a true testament to our world-class facilities and vibrant environment.
This is the first time the festival will take place in Africa, and TRIFIC SEZ is proud to be a sponsor, as it aligns perfectly with our vision of being Africa’s gateway to the world.
Our heartfelt thanks to CS Hon. Rebecca Miano, her entire team, PS Dr. Korir Sing’Oei, and PS John Ololtuaa for their invaluable support in making this possible.
#FilmAfrica #TwoRivers #TRIFICSEZ #AfricasGateway
A proud moment at TRIFIC SEZ as we hosted H.E. Dr. Nataša Pirc Musar, President of Slovenia — our first visiting Head of State.
TRIFIC connects Slovenia’s advanced tech capabilities to Kenya’s young, skilled workforce — creating jobs locally while enabling global scale.
Thank you @SingoeiAKorir & @ForeignOfficeKE.
#TRIFICSEZ #KenyaSlovenia #FDI #DigitalEconomy #AfricaRising
The state visit by the Slovenia President H.E. Nataša Pirc Musar has undoubtedly elevated Kenya-Slovenia relations. I was privileged to join @MworiaJ Group CEO @CentumPLC in receiving President Musar at @trificsez today. The visit gave us the opportunity to showcase TRIFIC and Kenya’s burgeoning special economic zones as hubs for attracting FDI into the country not only in manufacturing, agriculture, health and energy sectors, but also in services, particularly those that are technology enabled. We are confident that a number of Slovenian firms will be persuaded to invest in Kenya. @ForeignOfficeKE
Deeply honoured to have joined the senior leadership of Teleperformance, led by its visionary founder Daniel Julien, for this important engagement with H.E. the President.
Key bottlenecks to scaling Kenya’s BPO industry were addressed, with the President committing to action.
Teleperformance SEZ is proudly domiciled at @TRIFIC_KE.
I am glad the world’s top Business Process Outsourcing firm TelePerformance is setting up shop, and considering Kenya, as its African headquarters.
I have met with its CEO and Founder Daniel Julien who indicated plans to roll out operations and to create several jobs for our youth.
A major milestone for Vipingo.
2,000 acres of our land in Vipingo has officially been gazetted as a Special Economic Zone (SEZ).
Centum will be partnering with ARIISE, a leading developer and manager of economic zones across Africa, to bring this vision to life.
The Vipingo SEZ will be a mixed-use zone featuring:
•Manufacturing
•Logistics hub
•Business parks
With ARIISE’s proven expertise in setting up and managing economic zones across the continent, we are set to unlock new opportunities for investment, job creation, and industrial growth on the Kenyan coast.
Stay tuned for more updates as we transform Vipingo into a thriving economic hub.
#VipingoSEZ #EconomicGrowth #Manufacturing #Investment #Kenya
Congratulations to @MugambiNandi on this well-deserved recognition by @ChambersGuides for the 9th year in a row! Having worked closely with Mugambi, I have seen firsthand his excellence, dedication, and deep expertise in corporate law. A true leader in the field—proud to see him continue to be recognized at the highest level. #ChambersAndPartners
Thank you to everyone who brought the recent fraudulent AI-generated ads to my attention.
Our Tribus-TSG Cybersecurity team tracked the source to a Cyprus-based fund whose affiliate marketers used unethical methods, including impersonating me and the Centum brand. The fund has since issued a formal apology, terminated the rogue affiliates, and committed to corrective measures.
This incident is a reminder of the importance of due diligence when outsourcing marketing. Let’s all remain vigilant.
Stay safe, and thank you for your support.
#FraudAlert #CyberSecurity
Alert! 🚨
It has come to my attention that fraudsters are impersonating me using AI-generated YouTube ads to promote suspicious links. Please note that I am NOT associated with these ads. https://t.co/qSB7yegH7E
Stay vigilant and do not engage with such content. Report any suspicious activity immediately. #FraudAlert #StaySafe