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Trans-Century Acquires Plant in the Democratic Republic of Congo, 5 April 2010
Anchor investors in the East African Cables Group (with production facilities in Kenya and Tanzania, and additional sales presence in Uganda, rwanda, Burundi) and Kewberg Cables and Braids (Pty) Limited (located in Johannesburg, South Africa) with alrge shareholding in Metal Fabricators of Zambia in Luanshya and the Democratic Republic of Congo to its electrical and power cable manufacturing platform.
Trans-Century Limited (TCL) has started up its newest acquisition in the electrical and power cable manufacturing sector, Cableries do Congo SPRL, in Kinshasa, the capital of the Democratic Republic of Congo (DRC).Cableries du Congo is the only manufacturer of cable in the country and in addition to meeting increasing demand for high quality and trusted electrical and power cables from the national utility SNEL, industrial , and retail customers in Kinshasa, the recently refurbished facility positions the Trans-Century electricals platform to supply distributors in the DRC and growing markets of Caneroon and parts of Angola. Trans-Century plans to invest significantly in increasing the capacity of the plant to meet the highly under-served demands of the customers in the region.
"Cableries du Congo is committed to providing our customers in the DRC and nearby markets with the best products and of the highest quality and be part of the countrys reconstruction and continued general economic development, " said Zephaniah Gitau Mbugua, Chairman of the Cableries du Congo SPRL. He added, "This addition to the Trans-Centurys electrical and power cables family of companies affirms TCLs commitment to investing in Africa and we want to play a role in connecting the lives of all our customers using locally available raw materials and contributing to the strong economic revival of the Democatic Republic of Congo.
Trans-Century in Major Regional Acquisitions, 11 September 2007
Leading investment firm, Trans-Century Limited (TCL) has announced two major regional acquisitions. Click below to download the full article.
Secrets of investing as a group, 07 September 2007
Tony Wainaina, The CEO of Trans-Century was a keynote speaker at the inaugural Kenya Association of Investment Groups talk
Trans-Century changes its game face, The Business Daily, 10 June 2007.
Trans-Century Group announces new appointments, 31 March 2009
Trans-Century has today announced the appointment of Dr.Gachao Kiuna as Group CEO and Managing Director. Gachao takes the place of Mr. Tony Wainaina who is moving to pursue other interests in the venture capital industry. The Group has also announced the appointment of Yida Kemoli as Senior Investment Officer.
The Group has also announced the appointment of Ms. Carol Musyoka as a Non-Executive director to the Board of Trans-Century.
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