Our Partners


Madison Financial Services Plc (50%)

Madison Financial Services PLC is a subsidiary of the LSA Group and is the holding company of the financial services Group of Companies in Zambia and groups together Madison Finance Company, Madison General Insurance, Madison Life Insurance, Madison Asset Management Company and Madison General Insurance Company Tanzania which is based in Tanzania.

Shorecap II (25%)

Shorecap II Limited is an international private equity company seeking to invest in small business banks and regulated microfinance institutions in countries with developing and transitional economies.

Kibo Fund (25%)

The Kibo Fund is a close ended private equity investment fund with a limited life of 10 years. The Fund is managed by Capital International Limited (CIEL), a subsidiary of CIEL Capital Limited.
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“Sometimes knowing when something is not working and pivoting to something new leads to our greatest opportunities and successes.”

Titus Waithaka
Managing Director, MFinance