MDF INVESTMENT SPV (to be converted to MDF Ventures)
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MDF Ventures will be created and formed as a Commercial Enterprise, enabling it to engage on commercial terms
either directly or jointly on private or public projects in-line with the MDF-CBO mission.
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MDF Ventures will operate as an independent and separate entity with its own management and operational processes.
To ensure alignment with the MDF CBO’s mission, senior members of the MDF CBO Management and MDF SAACO
will have permanent seats on the MDF Ventures Board.
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MDF Ventures will actualize its Board-approved projects through the creation of respective Special Purpose Vehicles (SPVs)
for each project. It will also have an internal independent project approval process and oversee the creation of SPVs.
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MDF Ventures will actively engage in the capital raise process for each SPV, including the preparation of term sheets
(e.g., type of capital to raise—debt/equity, amount to be raised, shares, interest, etc.).
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The SPV team will operationalize the projects, such as Ferry (WaterBus) Services, NHIF Scheme, Real Estate (Rentals), and others.
MDF Venture Benefits
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For MDF-CBO: Unison, collective, and coordinated efforts toward meeting the MDF CBO mission.
This structure ensures that the CBO, SAACO, and Ventures work in step. It can absorb many, varying, and simultaneous
projects—whether direct, joint, or PPP. Beyond the power of member contributions and regular income, it creates a
multiplier effect on financing through deposits via the Co-Op Bank.
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For Individuals: An effective way to enhance direct engagement with MDF-driven projects,
as MDF-CBO and MDF-SAACO can invest in MDF Venture projects. This structure coalesces small contributions
into a single pot, amplifying their impact.
