TransCentury Limited

Overview

type	Public Company kn: TCL
industry	Investments, infrastructure
foundation	1997
location city	8th Floor West End Towers Waiyaki Way Nairobi,‡R1R‡ Kenya
key people	Shaka Kariuki chairman Ng’ang’a Njiinu CEO‡R2R‡
area served	Sub-Saharan Africa
products	Private equity, infrastructure
revenue	: aftertax KSh.1.983 billion/= (2014)
assets	KSh.19.464 billion/= (December 2014)
divisions	Power, transport, and engineering
subsid	East African Cables Tanelec Kewberg Cableries du Congo Avery Civicon
homepage	transcentury.co.ke

TransCentury Limited is an infrastructure company whose stock is listed on the Nairobi Securities Exchange (NSE) with three divisions across 14 countries in East, Central and Southern Africa.

Location

The company's headquarters are located in Nairobi, Kenya, with subsidiaries in the Democratic Republic of the Congo, Kenya, Mauritius, Tanzania, Uganda, Zambia and South Africa.[3]

Overview

TransCentury is an investment and infrastructure company that has grown from a club of 29 friends[4] worth less than KES 30 million in 1997, to a private equity firm[5] and later listing on the NSE.[6]

Member companies

The companies that comprise the TransCentury Group of companies include, but are not limited, to the following, as of 31 December 2016.[15]

East African Cables – Nairobi, Kenya: TransCentury's first major investment. It is a cable manufacturing company that is listed on the NSE as CABL. It has subsidiaries in Kenya and Tanzania and distribution networks across the Eastern Africa region. In 2014, TransCentury owned 64.3 percent of East African Cables.[16] On 26 February 2014, TransCentury announced that it was in talks with Aureos East Africa Fund LLC to acquire all of the shares held by Aureos in East African Cables in exchange for shares of the company, by way of a share swap. This transaction increased the group's shareholding in East African Cables to 68.38%.[17]

East African Cables Tanzania Limited – Dar es Salaam, Tanzania. East African Cables holds 51.4% of this Tanzanian subsidiary. This gives TransCentury 35.2% controls of East African Cables Tanzania Limited.

Avery (East Africa) Limited – Nairobi, Kenya: Avery supplies, manufactures, maintains and repairs weighing scales. TransCentury owns 94.4% of Avery.

Civicon – Mombasa, Kenya: Civicon Limited is an engineering firm. It has operations in Kenya, Uganda, Tanzania, Rwanda, Burundi, Ethiopia, Djibouti, Congo DR and South Sudan. Its capabilities include oil and gas, power, industrial installations, specialised transport, roads, bridges, other civil works, and mining. In 2013, Civicon won a lucrative contract that involved building of roads, airstrips and other supporting infrastructure around Tullow Oil's exploration blocks in northern Kenya. TransCentury owns a controlling stake in Civicon.[18]

Kewberg – Johannesburg, South Africa: Kewberg Cables & Braids Proprietary Limited is a leading manufacturer of instrumentation and control cables, mining and other specialised cables manufactured according to customer specifications.[19] TransCentury own 100% of Kewberg.

Tanelec – Arusha, Tanzania: Tanelec Limited offers comprehensive repair and service on switchgears and transformers. The company services Tanzania, Kenya, Uganda and Zambia. TransCentury owns 70% of Tanelec.[20]

Cableries Du Congo – Kinshasa, DR Congo: A cable manufacturing and distribution company. TransCentury owns 100% of Cableries Du Congo.

Development Bank of Kenya – Nairobi, Kenya: A commercial bank in Kenya whose primary focus is to promote and develop commercially viable projects in Kenya. TransCentury owns 10.70% of Development Bank of Kenya with the balance held by ICDC.[21]

TransCentury Limited

Location

Overview

Member companies

Ownership

Governance

See also

External links

References