Strategy & Approach

A Decade-Long Vision for Transformational Growth

Three carefully orchestrated phases to build Africa's next generation of market leaders.

10-Year Roadmap

Three Phases. Disciplined Execution. Exceptional Returns.

Phase 1Years 1-3Active

Deployment & Foundation

Building the Portfolio Foundation

Capital
$200-300M
Investments
15-20

Objectives

  • Initiate capital calls from the $600M fund to operationalize Nairobi Hub
  • Deploy regional investment teams across Kenya and neighboring nations
  • Complete 15-20 strategic investments across five core sectors
  • Implement U.S.-level financial controls and ESG reporting frameworks

Key Deliverables

$200-300M deployed
15-20 portfolio companies
Nairobi Hub operational
1,000-2,500 direct jobs
ESG measurement live
Regional partnerships
Phase 2Years 4-7Planned

Scaling & Integration

Accelerating Growth Through Strategic Expansion

Capital
$150-200M
Investments
Follow-on

Objectives

  • Execute follow-on investments and strategic bolt-on acquisitions
  • Expand successful business models into Central and Southern Africa
  • Provide intensive mentorship to achieve mid-cap scale
  • Pursue secondary sales for interim liquidity events

Key Deliverables

50% avg revenue growth
2-3 expansions per company
$400-500M total deployed
3-5 secondary sales
5,000-10,000 jobs
Portfolio profitability
Phase 3Years 8-10Planned

Exit & Legacy

Harvesting Value & Building Legacy

Capital
Strategic
Investments
10-15 exits

Objectives

  • Execute strategic exits through M&A, IPOs, and secondary sales
  • Strategic recapitalization for top-performing assets
  • Comprehensive fund performance evaluation
  • Hand over management to local leadership teams

Key Deliverables

3x-5x MOIC
10-15 exits completed
$1.8-3.0B value created
50,000+ jobs supported
CoHO Fund II launched
Enduring ecosystem
Exit Strategy

Multiple Paths to Liquidity

We plan exits from day one, ensuring every investment has 2-3 viable liquidity paths.

60%

International M&A

Selling to global corporations seeking African market entry

Timeline: Years 7-10
MOIC: 3x-6x
20%

Secondary Sales

Transitioning to later-stage investment funds

Timeline: Years 5-8
MOIC: 2x-4x
20%

IPOs

Listing on African or international exchanges

Timeline: Years 8-10
MOIC: 4x-7x
Risk Management

Protecting Capital While Maximizing Returns

Macroeconomic Volatility

Currency hedging, diversified portfolio, local revenue generation, scenario planning

Regulatory Uncertainty

Proactive government engagement, local legal counsel, dedicated compliance teams

Infrastructure Gaps

Regional hub strategy, diversified suppliers, backup systems, infrastructure-light models

Social & Environmental

Robust ESG screening, stakeholder engagement, community benefit agreements

Projections

Target Returns & Portfolio Performance

Illustrative projections based on management's assumptions. Actual results may vary.

Base Case

60% probability
Portfolio IRR20-22%
Target MOIC3.5x
Value Created$1.6B

Bull Case

20% probability
Portfolio IRR26-28%
Target MOIC5.0x
Value Created$3.0B

Bear Case

20% probability
Portfolio IRR12-15%
Target MOIC2.0x
Value Created$700M