Mi Vida Homes has announced a management-led buyout from Actis, the global sustainable infrastructure investor.
- •The value of the transaction was not disclosed and remains subject to regulatory approvals.
- •The buyout transitions Mi Vida into full local ownership for the first time since its founding in 2018, when Actis established the platform to deliver affordable and mid-market homes built to institutional standards.
- •Mi Vida Chief Executive Officer Samuel Kariuki said the deal underscores growing confidence in Africa’s ability to develop and scale investment-grade housing platforms.
“This is the first such transaction involving a residential development platform in our market,” said Kariuki. “It demonstrates that institutional homebuilders can be nurtured to scale in Africa, operating at high standards of ESG and financial discipline.”
He added that the management-led consortium now plans to accelerate Mi Vida’s growth strategy, supported by a strong balance sheet, a diversified capital base, and a healthy pipeline of projects. “We are well positioned to deepen our impact as we lead the company into its next phase,” he said, crediting Actis for building “a solid, sustainable platform anchored on governance and long-term value creation.”
Actis partner Louis Deppe said the transaction validates the firm’s strategy of incubating, institutionalising, and transitioning platforms to local ownership.
“The outcome at Mi Vida demonstrates the scalability and investability of Africa’s residential sector, supported by strong demand fundamentals and increasing depth in local capital markets,” he said.
Ravi Rughani, Principal at Actis, said the partnership has transformed Mi Vida into a business with investment-grade governance, a robust balance sheet, and a diversified funding base.
“This transaction is a clear demonstration of the institutionalisation of Africa’s residential real estate sector,” he said. “It reflects Actis’ philosophy of creating sustainable, scalable businesses that deliver long-term value while addressing critical local needs.”
The buyout marks a new chapter for Mi Vida, which has positioned itself at the forefront of Kenya’s affordable and mid-market housing sector. The company says it will continue leveraging its institutional framework to attract local capital and deliver sustainable homes that meet the country’s growing urban housing demand.