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June 2020

GuarantCo Management Company (GMC) announces team changes to deliver against future growth opportunities and establish a USD 2 billion portfolio by 2025

GuarantCo Management Company (GMC), GuarantCo’s fund manager and a subsidiary of Cardano Development, has made a number of senior management changes to ensure that GuarantCo, a Private Infrastructure Development Company, is well prepared to deliver against future growth opportunities and achieve its goal to establish a USD 2 billion portfolio by 2025.

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May 2020

GuarantCo and PIDG Technical Assistance support investees Kacific Broadband Satellites Group and Acorn Holdings Limited to respond to the COVID-19 crisis in Asia Pacific and Kenya

GuarantCo, with funding from the Private Infrastructure Development Group (PIDG) Technical Assistance, is providing a USD 500,000 grant to support Kacific Broadband Satellites Group (Kacific) efforts to respond to the COVID-19 pandemic by distributing satellite communication systems. These systems will allow free connections of up to 1,000 in rural health posts and clinics across Asia Pacific.

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January 2020

London Stock Exchange welcomes its first Kenya shilling corporate bond on the ISM, Acorn Holdings, guaranteed by GuarantCo, to finance clean, safe, affordable and green-certified accommodation for 5,000 students in Nairobi

Acorn Holdings (Acorn), the largest purpose-built student accommodation property developer in Kenya, has cross-listed its KES 4.3 billion green bond programme on the International Securities Market (ISM) of London Stock Exchange.

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January 2020

The Nairobi Securities Exchange welcomes its first green bond issue, Acorn Holdings, guaranteed by GuarantCo, that will finance clean, safe, affordable and green-certified accommodation for 5,000 students in Nairobi

Acorn Holdings (Acorn), the largest student accommodation property developer in Kenya, has listed by introduction its KES 4.3 billion green bond programme, on the Nairobi Securities Exchange (NSE).

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December 2019

GuarantCo guarantees European institutional investor alongside Asian Development Bank in co-financing agreement with Kacific Broadband Satellites to provide affordable, high-speed broadband in Asia and the Pacific islands region

GuarantCo, a Private Infrastructure Development Group (PIDG) company, and the Asian Development Bank are co-financing an investment for Kacific Broadband Satellites International Limited (Kacific) to provide low cost, ‘direct to premises’, high-speed, broadband internet connections across select Asian countries and the Pacific Islands.

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