Optiven Group Features on Prestigious Companies to Inspire Africa 2019 Report, by London Stock Exchange Group

Nairobi-based Optiven Group has been featured on the prestigious Companies to Inspire Africa 2019 Report, by London Stock Exchange Group.

The report produced in partnership with African Development Bank Group, CDC Group, PwC and Asoko Insight identifies 360 companies from 32 countries across the African Continent with 7 major sectors represented.

Revealing exceptional rates of growth among this year’s cohort, with average revenue Compound Annual Growth Rate (CAGR) at 46% and average employee CAGR at 25%, over three years, the report highlights the entrepreneurial and dynamic landscape of the African private sector.

Companies featured include small entrepreneurial businesses through to well-established corporations. Kenya had the second highest number of companies represented in this year’s report – 66, with Nigeria toping at 97.

To date, Optiven Group has completed over 50 projects and handed over more than 5,000 title deeds to its customers. The company has plugged in on one of the 4 Agendas that the Kenyan Government wants to achieve in the next couple of years – housing.

“We have continued to stay true to our values which include innovation and customer focus,” says George Wachiuri, Optiven Group CEO. “By listening to our customers, we are able to understand and anticipate their needs. This strategy will be strengthened in the coming years in order to propel the group above others.”

As a multiple award-winning property development pacesetter, Optiven now has over 20 years’ experience in the market. Alongside its head office in the capital, the company also has offices in key cities around the country as well as satellite branches in the US and Europe.

Besides its real estate activities, the company also operates subsidiaries, including Optiven Construction, which provides concrete building materials.

The group is also active in corporate philanthropy through the Optiven Foundation which provides scholarships, food donations and homes for the less fortunate members of society. “We continuously work with the less fortunate to ensure that their lives are bearable,” says George.

“With various partners we continue to change lives through education, health, mentorship and philanthropy.”

The group aims to continue developing its activities. “Opportunities are available in emerging areas such as agribusiness, hospitality and insurance, areas in which we have already invested through rolling out strategic business units.”

‘Companies to Inspire Africa 2019’ includes contributions from government including the UK Prime Minister, Theresa May; the President of Kenya, Uhuru Kenyatta; and Lord Boateng, former UK High Commissioner to South Africa and is sponsored by Instinctif Partners and Stephenson Harwood.