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Lessons from TransCentury woes
The Rift Valley Railways locomotive in Nairobi. TransCentury owned 34 percent of the Rift Valley Railways while Uganda owned 15 percent. FILE PHOTO | NMG
The woes of TransCentury did not come as a surprise given a series of strategic missteps in its business model. It was meant to be a stand-out investment firm focusing on infrastructure in the region, and for a moment it was.
From the onset, was an infrastructure-focused holding company whose philosophy was to pursue underpenetrated and inefficient markets.
