About Us
History / Journey
1997
​TC Incorporated
with USD 300,000
seed capital
2004
February
Invested in East
African Cables (64%)
2005
April
Invested in
AEA (94%)
2006
December
Invested in RVR (34%) and engaged fulltime management at TC
2011
March - Issued first ever listed convertible bond by an East
African entity
June - Invested in Pende Zambia (80%)
July - Listed in the Nairobi Securities Exchange
October - Invested in Civicon (62%)
2010
December
Invested in
CDC (100%)
2008
Acquired Chai
Bora (TZ) Ltd.
​
​
2009
April TC shares
begin trading
over
the counter
market
​
2007
August - Invested in Kewberg (100%)
September - Invested in Tanelec (70%)
2012
Exited non-core investments:
Chai Bora Limited and
Funds of funds
2013
Total assets
reach
Ksh 23.8b
2014
Exited RVR
2014/15
Invested in Civicon
Congo (38%) & Civicon
Africa Group (16%)
2019/20
Increased gross profit to 32%.
The Group’s assets increased by Kshs.70M as a result of improvement in performance and translation gains on investment properties.
2018/19
To strengthen balance sheet,
restructured USD 52m of
Group Debt.
Additional USD 15.7m
restructured resulting in
USD 15.3m gain
2017
Unveiled redesigned Corporate
Governance manual. Launched
2017 – 2022 Ahidi Strategy with reviewed Mission, Vision and Values
2016
- Equity convertible bond
matured
- Kuramo Capital invested
USD 20M
2020/21
• The Group recorded a 5%
growth in revenues
• Unveiled a 4-year strategy
dubbed Ahidi +32%
• Received shareholder
approval to launch a rights
Issue fund raising process.
2021/22
• Group recorded a 3% growth in
revenues.
• Cascaded the Ahidi +32% strategy.
• Received regulatory approval to launch a
rights issue fund raise.