A significant buyout announcement is expected today from the Kigali Heights Development Company, with the press conference scheduled for 4:00 PM local time.
The event will be led by Dr. Phil Goodwin, Chairman of Fusion Capital Group and Chairman of Kigali Heights Development Company Limited.
Dr. Goodwin will be joined by Daniel Waweru Kamau, CEO of Fusion Capital Group, and James Norman Maclean, Managing Director of Kigali Heights Development Company. The executives are set to reveal details of a major transaction involving Kigali Heights, one of Kigali’s most prestigious commercial properties.
Fusion Capital, a leading private equity firm in East Africa, holds a controlling stake in Kigali Heights. The anticipated buyout could signal an important shift for the company, potentially involving new investments or partnerships aimed at strengthening the property’s position as a top commercial hub in the region.
The specifics of the buyout and its implications for Kigali Heights and the broader Rwandan business community will be disclosed during the press event. All eyes are on the announcement as it could have a significant impact on the real estate and investment landscape in Kigali.