1. AFRINOVA KENYA INVESTMENTS PROJECTS LIST
By Michael Ndege & Peter Kangiri

2. 1) LAMU- LAMU TOURISM & GOLF RESORT CITY
USD 8.6 Billion
49% Equity Available
Master Plan available
5 Phases in 10 years
Documentation is ready

3. LAGLER MASTERPLAN

4. SUMMARY OF DEVELOPMENT COSTS FOR LAGLER
Phase I [USD]
Phase II [USD]
Phase III [USD]
Phase IV [USD]
Phase V [USD]
Sub - Total [USD]
DEVELOPMENT COST OF SALEABLE UNITS
2,674,487,206
1,225,676,471
1,303,811,765
910,901,471
1,019,922,794
7,134,799,706
DEVELOPMENT COSTS FOR INFRASTRUCTURE
328,340,471
326,858,824
406,905,882
108,952,941
249,776,471
1,420,834,588
TOTAL DEVELOPMENT COSTS
3,002,827,676
1,552,535,294
1,710,717,647
1,019,854,412
1,269,699,265
8,555,634,294

5. 2) GREENWOOD by Fusion Capital
FRED - Commercial will initially raise Kes 2.3 Billion in equity to develop Greenwood City, a state of the art mixed use development in a prime Meru location. The development will boast a 160,000 sqft Mall, a 6 floor Grade-A office block, and 53 executive apartments. Greenwood city broke ground in December 2015 and has already signed leases with some of Kenya's most recognizable brands - including Nakumatt as its anchor client.

6. 3) LIKETH INVESTMENTS COAL MINING BLOCKS
Exploration and excavation of Coal & Coal Bed Methane in Mui Basin Coal BlocksA (Zombe - Kabati) & B (Mutitu Itiku), Kitui County, The Republic of Kenya.
LIKETH INVESTMENTS (KENYA) LTD
US$ 303 Million
Concession 25 years
Concession Fees USD 4M

8. OFFERING 51% OF THE COMPANY FOR A VALUE
4) ANSELLIA – Lottery
ANSELLIA HOLDINGS LTD.
OFFERING 51% OF THE COMPANY FOR A VALUE
OF USD 4.5 MILLION
Ansellia Holdings Limited has an existing license to run a national lottery on the 6/42 game.
The license allows for GSM based Electronic Lottery System on a GSM based online network.

9. 5) EDG Development Site Mombasa Rd.
Cost of land USD 1.8M
Development USD 20M

10. 6) Atelier Suites SERVICED APARTMENTS PARKLANDS, NAIROBI
Project Cost 8 Million USD
Equity on Offer 40%

11. 6) DICE CONCEPTS/ DREAM PROJETS
NYAHURURU HOLIDAY HOMES
Equity USD 10 Million
Architect: Kariuki Kinyua – Dream Projects

12. STAGE MALL
Muthurwa Stage Mall
Equity USD 10 M

13. 7) Supply Trance – KITUI HIGHRISE
Adj. to 2 Universities with student accommodation needs of 8000 (SEUCO & JKUAT)
University ready to buy in.
Investment – USD 10 Million
Developer: Supply Trance

14. 8) MY SPACE PROPERTIES GREENSCAPE – KILIMANI, MAKINDI RD, NAIROBI.
45 high-end 3-bed roomed with DSQ
The project cost Kshs.1,088,025,000.00,
construction cost Kshs.600,000,000.
The projected sales Kshs.1,450,000,000
Return on investment of 33%.
All the necessary statutory approvals have already been obtained, including approvals for
architectural & structural drawings. Environmental Impact Assessment (EIA) report has also
been submitted to NEMA and approved. Bills of Quantities.

15. NYALI VIEW PARK – MOMBASA
The scheme comprises of one hundred and forty four apartments (144) of two typologies
seventy-two 2-bed room apartments, seventy-two 3-bed room apartments and a commercial
project cost has been estimated at Kshs.1.2B, Kshs.450M in profits and a projected return on investment of 36%.

16. THIRD AVENUE APARTMENTS – NYALI, MOMBASA
The scheme comprises of eighty apartments (40no. 2-bed roomed apartments & 40no. 3-bed
roomed apartments). The project cost has been estimated at Kshs.830,580,000.00, the
construction cost is estimated at Kshs.612,000, The projected sales are atKshs.1,120,000, thus generating a net income of about Kshs.289,420, in profits and
a projected return on investment of 35%.

17. 9) STAMPCRETE
Seeking Local Manufacturing partner
USD 4 Million

18. 10) Mlolongo Housing Mlolongo 800 Units
Documents, Titles, Approvals & Financials ready
Investment USD 10 Million

19. 11) South B Mall South B Off Mombasa Rd
Multi purpose mall – with supermarket.
Boutique Hotel – Top floor
Documents, Titles, Approvals & Financials ready
INVESTMENT USD 10Million

20. 12) 50 CHANIA – Hurlinghum, NAIROBI
20% contructed by CMS AFRICA – seeking for 5 Million Dollars for 40% equity stake
ROI of 35% and pay back period of 5 years

21. 13) Hill Mo – NAKURU COUNTY RESIDENTIAL DEVELOPMENT
Hill Mo Estate is seeking to raise Usd $ 6,000,000 Million for phase 1 in form of equity that will give the equity investor 67% of profit within a payback period of 4 years. The estimated return for this equity position Usd $ 4,752,709.36

22. 14) SUNTRA INVESTMENT BANK
PROPOSAL
The Board proposes to seek, a strategic investors to take up a 54.4% stake in the company
through the issuance of 16,335,466 ordinary shares at a price to be agreed and subject to the approval by the regulatory authorities.