Investment objective

SAIF operates as a collective investment scheme, offering unitholders regular and stable income by investing in a diversified portfolio of private-sector infrastructure projects and businesses across Kenya and East Africa. The fund focuses on opportunities that: (i) deliver essential economic and social services, (ii) generate long-term, contractual cash flows through contracts with credible customers or offtakers, and (iii) are backed by assets with long useful lives.

SAIF invests in opportunities that offer high degree of certainty about the future cash flows to be received by investors, while preserving the capital value of their investments. The net income generated by SAIF will be distributed to investors on a quarterly basis.

Investment strategy

SAIF will provide senior, secured debt to well structured private-sector infrastructure opportunities across Kenya / East Africa.

Target sectors

Telecom Infrastructure

• Telecom tower
• Fibre optics networks
• Data centres
• Broadband and mobile services
• End-user devices

Renewable Energy

• Captive power plants for C&I customers
• Solar home systems
• Mini-grids
• Integrated utilities
• Small and medium scale IPPs

Green Transport & Logistics

• Cargo handling and storage
• Urban and mass transit services
• Warehouses
• Cold chain facilities
• Cargo and passenger fleets

Electrification

• Charging infrastructure
• Energy storage systems
• Electric vehicles and batteries
• Green hydrogen
• Energy efficiency

Agri & Allied Services

• Irrigation
• Solar pumps
• Crop storage and transportation
• Farm equipment

Structure

SAIF is a unit trust, registered with and regulated by the Capital Markets Authority (CMA). It is managed by Spearhead Africa Asset Management Limited (SAAM), which is also duly licensed and regulated by the CMA to provide asset management services in Kenya.

Listing

Upon issue, SAIF’s units will be listed and freely tradable on Nairobi Securities Exchange’s Unquoted Securities Platform.