Fusion Capital, a real estate investment and private equity firm based in East Africa, has appointed Daniel Kamau as Group CEO. 

Kamau replaces Luke Kinoti, who retires to pursue other business interests.

Kamau has been with the firm for the past 11 years with the last role being the Executive Director of Real Estate.

He has worked for over 6 years in the deal origination and structuring team at Fusion.

“We are delighted to have found our new CEO from within our business. Daniel has proved himself over more than 10 years with Fusion, and will continue to drive the company forward,” said Fusion Group Chairman Phil Goodwin.

Kamau has many years experience of investing in both the real estate and SME sectors in the region.

He has been involved in transactions in the commercial, residential and hospitality sectors, giving him a broad yet deep understanding of the East African Property development process from property acquisition to investment exit.

He has overseen some of the firm’s flagship projects including Flamingo Towers in Nairobi’s Upper Hill and Fourth Ngong Avenue at Community as well as the Kigali Heights in Rwanda.

Kamau said: “We have exciting times ahead of us, as the region’s cities continue to rapidly develop, and Fusion will play its full part.”

Luke Kinoti and Phil Goodwin founded fusion in 2006 as a Kenyan SME finance house with a start-up finance of £500k.