Laterite Capital

Salt Lake City - Nairobi

Invest
Nairobi skyline at sunset

Laterite Capital

Investing where
Africa is growing.

Real ownership in the growth of a continent, beginning with residential development in Nairobi.

Explore our investments

Current & upcoming

  • Deseret Homes

    Completed · 32 units · Nairobi

  • Kabiria One

    Final two months · 55 units · Nairobi

  • Upcoming developments

    In preparation

Who we are

Africa is where the next generation of growth is being built. We make it possible to own a part of it, with the discipline you would expect anywhere else.

Founders on site with the build team

We came to Kenya through a nonprofit, not a fund.

As founders, we were introduced to Kenya through Maak Impact, a nonprofit providing microloans and support to entrepreneurs building businesses from very little. Working alongside them, we learned how the economy actually works on the ground.

That exposure changed how we see the whole continent. Africa is not only a place that needs capital. It is one of the great investment opportunities of our time, so we built Laterite Capital to give investors real ownership in that growth.

Charles Rey & Lincoln Johnson

Managing Partners, Laterite Capital

MeShack Odungo

Local Developer & Partner

What guides us

Integrity

We give investors clear, accurate information at every stage of an investment. We follow through on our commitments and take responsibility for our decisions.

Discipline

We study the costs, assumptions and risks before we commit money. We only invest when the numbers justify it.

Stewardship

We respect the trust investors place in us. We look after their investment with the same care we give our residents.

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Construction in progress, wide

How we invest

Four rules sit under every development. They are how we protect capital in a market most investors have never seen up close.

[1]

Joint ownership

We hold title alongside our development partners, not behind them.

[2]

Independent oversight

A quantity surveyor we hire signs off on progress before anything is paid.

[3]

Capital at milestones

Money is released against completed work, never against a schedule on paper.

[4]

Aligned incentives

Builders earn a fee for building. Profit sharing comes only when the project performs.

Selected developments

Residential projects in Nairobi's established neighborhoods, each built as part of a continuing series.

Explore all developments
Deseret Homes rendering
Status: Completed - paying rental income, long-term holdLocation: NairobiCategory: Residential - 32 units

Deseret Homes

Kabiria One rendering
Status: In development - final two monthsLocation: NairobiCategory: Bedsitter apartments - 55 units

Kabiria One

Where the growth is

Africa's cities are adding people faster than they are adding homes. That gap is the opportunity, and it will shape the next several decades of global growth.

200,000

Annual increase in Kenya's housing shortage, in units

83%

Share of Kenya's housing market that rents

2x

Kenya's population is predicted to double over the next 20 years

Insights

What we are learning about building in Africa, written for investors who value clarity over speculation.

View all insights

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Latest article

Why Americans invest through a US company, not a Kenyan one

The tax rule that shapes almost every cross-border structure, explained plainly.

How land actually changes hands in Kenya

Title searches, sectional titles, and the timeline nobody plans for.

Reading a Nairobi neighborhood

Kilimani, Westlands, Kileleshwa, Lavington, and what separates them.

Kakuma, and why we started here

The entrepreneurs who taught us how business gets done in Kenya.

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What we are building, what we are learning, and first word when a new development opens. One email a month.

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Photo slot: completed building at golden hour

Ready to invest in what is being built?

For investors who value long-term thinking and want real ownership in Africa's growth.

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