Investments

Phambili Water (Phambili) is the Group’s utility investment business unit focused on long-term contracts and stable returns. Phambili develops, finances, and owns infrastructure, including desalination and large-scale wastewater treatment plants. 
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​These assets are typically capital-intensive and require long-term commitments. With long-term commitment, the business aims to ensure reliable, clean, and safe water production for various purposes, including environmental rehabilitation, municipal consumption, industrial use, and agricultural needs, making Phambili a trusted partner for reliable water solutions.
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We aim to ensure consistent access to clean, safe water for various needs, including municipal supply, industrial operations, environmental restoration, and agricultural use.

The Sebaki Water Project is a transformative water and wastewater infrastructure initiative aimed at improving water security and environmental sustainability in Kenya’s Coastal Region. It is being developed by a consortium of three partners: Climate Fund Managers B.V. (CFM), a Netherlands-based investment manager focused on climate-resilient infrastructure through blended finance; Utility Partners One LLP (UPO), a Kenyan firm that works with investors to develop water, wastewater, and energy projects across Eastern Africa; and Nafasi Water Technologies (Pty) Ltd, a South African company specializing in water supply and treatment infrastructure.

The consortium has established Sebaki Water Company Limited (SWCL) as a special-purpose vehicle to lead the development, financing, construction, ownership, and operation of the project. Through SWCL, the consortium is driving the implementation of a fully integrated system that addresses both the supply of clean water and the treatment of wastewater.

The project involves the abstraction of up to 80,000 cubic meters of water per day from the Baricho aquifer in Kilifi County. This water will be delivered through newly constructed transmission and distribution infrastructure to key urban centers, including Malindi, Kilifi, and Mombasa. In parallel, the project will establish a wastewater collection and treatment system capable of handling up to 35,000 cubic meters per day, ensuring proper sanitation and environmental protection.

To enhance sustainability, the project will incorporate a renewable energy system generating up to 12 megawatts, which will partially power the entire operation. This integrated approach not only supports the region’s growing water needs but also aligns with broader goals of climate resilience and sustainable development.