Loita Capital Partners International (LCPI) is part of a network of companies, which aims to provide the finest in financial services and technology to Africa. We endeavour to maximize our links to our associated companies and partners to provide the ultimate value to our clients.

LCPI is owned by Loita Holdings Corporation Africa, which also owns Fintech International, an information technology company focused on the financial sector in Africa. Established in 1993, Fintech provides solutions in internet banking and other banking software and systems; e-commerce products; electronic funds transfer systems; switch capacities; training; and associated software and hardware. It currently has offices in Kenya, Malawi, Tunisia, Uganda, Tanzania and Zimbabwe, from which it maintains and supports over 60 major software and systems implementations on behalf of its banking clients.

Loita Group Services, based in Mauritius, is the operational headquarters of the Loita Group of companies, providing internal support and strategic management to the Loita Group of companies, primarily comprised of Loita Capital Partners International, Loita Transaction Services Limited and Fintech International and their subsidiaries. LGS also offers various financial services and information technology solutions to companies in Mauritius.

Loita Bank, Malawi is a full-service merchant bank, which serves the business community in Malawi. Established in October 1999 in Blantyre, Loita Bank, Malawi has been active in stimulating the inter-bank market, lending to exporters of tobacco, textiles, coffee and other non-traditional exports, acting as agent to innovative capital markets instruments and providing value-added money management services to its clients. In its first year alone, Loita Bank, Malawi was able to build up an asset base of approximately US$ 12 million.

The Loita Group made its first acquisition of another financial institution in 2000 when it purchased the Industrial Credit Company (ICC) in Ndola, Zambia. ICC is the premier leasing company in Zambia and has been active in the Zambian market since 1965. In addition to providing loans to corporate clients, it has also been a well-regarded corporate in its own right as evidenced by its issuance of money market instruments in the local market. Loita will continue the ICC tradition of leadership and also add a wider host of investment banking products to the ICC offerings. ICC was acquired by Explorer Corporation Holdings Ltd (a financial institution listed on the JSE and which is majority owned and controlled by the Loita Group), in late 2002. Explorer Corporation Holdings has since changed its name to ICC Africa Holdings Ltd in March 2004, in order to provide a base for ICC's Africa-wide leasing activities. ICC Africa will focus on leasing whilst Explorer Corporation Ltd, the card side of the business, has recently been unbundled from the listed company and continues to trade in the card business as a public company with majority ownership by Loita Capital Partners International Ltd.

Loita currently has a technical management agreements:

•   National Finance Credit Company, a financing institution which has recently obtained     its banking licence.

•   Finance Bank Zambia – the largest indigenous bank in Zambia. www.financebank.co.zm

After three years of Loita Management, Finance Bank Zambia is now poised to go public. Loita continues its technical assistance during this transition phase. After five years of restructuring and managing Banque Africaine Continentale (Rwanda), Loita Capital Partners International has now successfully completed the privatisation of the bank on the 30th September 2004.  The bank was being managed by Loita on behalf of the Government of Rwanda and a key tenet was to assist them in the privatisation of the bank. 

In 1999, the Southern Africa Enterprise Development Fund (SAEDF) invested in convertible preference shares in Loita Holdings Corporation Africa becoming Loita Group's biggest institutional shareholder and SAEDF's single largest investment to-date. SAEDF is a US$100 million regional equity fund. The fund invests in private sector enterprises in 11 countries throughout the SADC region.

Lloyds TSB Bank plc (Lloyds) is an AAA rated UK institution founded in 1765 and with a market capitalisation in excess of GBP 42 billion.  Loita has formed a strategic alliance with Lloyds to market and manage their correspondent banking relationships across Africa.