Episode 33: Centum's Sidian Exit

Welcome to the Mwango Capital Podcast where we discuss topical issues on African capital markets.In this episode, we host Centum CEO James Mworia to discuss the firm’s sale of its 83.4% stake in Sidian Bank to Access Bank. We discuss the performance of the investment, what informed the exit, Centum’s capital allocation strategy, the depressed share price, and GEM’s investment in Centum RE.Subscribe to get notified when we make a new post.Show Notes00:00:00 Introduction00:02:13 Investment, performance, and exit from Sidian Bank00:19:35 Capital allocation and bonuses00:28:24 Future acquisitions and share buybacks00:36:09 GEM’s investment in Centum RE00:39:13 Dividend policy00:41:54 Marketable securities and Centum’s NAV00:45:19 Other businesses00:48:34 The macro environment00:56:32 Real estate and renewable energy Get full access to The Mwango Weekly at mwangocapital.substack.com/subscribe