Fusion Capital has appointed Professor Abraham Waithima as its board representative at LOLC Microfinance Kenya Limited, with CEO Daniel Kamau serving as his alternate. Professor Waithima brings a wealth of experience from his significant leadership roles, including his tenure at Daystar University and as Vice Chancellor of Kigali University.
LOLC Group, a global financial conglomerate with diverse interests spanning agriculture, renewable energy, leisure, construction, manufacturing, trading, and information technology, has recently become the majority shareholder in LOLC Microfinance Kenya. Fusion Capital has adjusted its stake to approximately six percent to align with its focus on real estate ventures.
Fusion Capital’s strategic shift towards real estate is evident through Fusion Estate, its robust portfolio encompassing projects like Alpha Meadows, Zahara Gardens, Brookhill Gardens, and Salma Gardens. The firm aims to raise capital to facilitate home construction, offering affordable housing options ranging from Sh3 million to 10 million.
The company’s real estate footprint extends across Kenya, Uganda, and Rwanda, featuring iconic developments such as Kigali Heights, Flamingo Towers, and 4th Avenue Towers. Fusion Estate, a subsidiary of Fusion Capital, specializes in land acquisition, master-planning, property development, and management of Fusion’s real estate portfolio.
Join us in welcoming Professor Abraham Waithima to the LOLC Microfinance Kenya board, as Fusion Capital continues to expand its influence in the real estate sector and foster strategic partnerships in Africa.
