While it possible to manage each company individually, in 2014 MFK Group was created in order to have central level management that would provide support to the general management of other companies in order to enhance shareholder value. The company’s headquarters are in the heart of Kigali city where all the subsidiary companies have their headquarters.
The company is organized into tiers of subsidiary companies which in turn manage business in their different respective sectors. Each company is headed by a General Manager and all GM’s report to the Chairman of the Group. Through its subsidiaries, MFK Group has invested in a number of real estate facilities and properties and has clients ranging from recognized international corporations as well as local entities both in the private and public services.
The founder of the company wholly owns shares in the parent company which solely owns the subsidiary companies. Over a period of 20 years, he has opened and continues to run the companies, while expanding them from just than 5 employees to more than 150 directly employed staff and numerous consultants. Most of the staff sits at the national headquarters with a number of contractors located in different regions of the country. The founder’s intention is that under one umbrella, the different businesses would be aligned to increase his targeted return on investment through more efficient operations.
As a holding company, MFK Group does not have loan facilities on its own and so the subsidiary companies take on their own obligations. The company revenues are generated from management fees and dividends from its subsidiary companies.