Dhamana

About Dhamana

Dhamana Guarantee Company Limited is a pioneering financial entity focused on reshaping the debt capital markets in East Africa. The company specializes in providing up to 100% unconditional and irrevocable guarantees for the timely payment of scheduled principal and accrued interest on issued bonds or loans. This service is primarily targeted at local currency debt obligations within the East African region, including Kenya, Tanzania, Uganda, and Rwanda.

Dhamana's unique mandate positions it as a catalyst for change in the investment landscape of East Africa. By offering credit guarantees, the company aims to facilitate long-term local currency financing, which not only benefits businesses but also empowers communities and drives sustainable growth and prosperity.

The business model revolves around providing credit guarantees, which serve as a risk mitigation tool for lenders and investors, thereby enhancing the creditworthiness of debt issuers. This model enables Dhamana to generate revenue through guarantee fees, which are charged to the debt issuers in exchange for the credit enhancement provided.

Dhamana's innovative approach is set to transform the financial landscape of East Africa, with a significant unveiling of their solutions anticipated in Q1 2024. The company's efforts are expected to create new opportunities for financing, fostering economic development across the region.