SIV Company

"A Climate Resilient and Green Affordable Housing Platform for Africa"

^{SIV is a newly established developer of green and affordable housing and social infrastructure solutions.}^{Leveraging the successful incubation and}^{scale-up expertise of CD and SIV’s management’s track-record}^{, SIV seeks to help address the growing affordable housing gap.

Because of affordability constraints,}^{rental markets will play a formidable role in promoting decent housing in Africa}^{, especially for low-income earners, youth, migrants and women. Not much data is available on the - mostly informal -rental market.}^{SIV has vertically integrated the rental platform business with 3 core capabilities:}^{SIV DevCo,}^{SIV RentCo}^and^{SIV ManCo}^s^.^{Our integrated rental platform, encompassing development, property and investment management adds value for our investors and other stakeholders because it is an essential enabler in delivering and managing rental housing at scale.}
‍^{SIV’s will build small-scale (human-sized) communities}^{in or near urban centres in secondary cities in Africa (Tier II cities), where, according to the World Bank, 40% of the world city population lives.
‍}^{SIV will develop such small scale projects in or near city centres as to:}^{‍
       (i) facilitate community development,
       (ii) mitigate the risk of ghetto formation,
      (iii) leverage, enhance and optimise existing municipal infrastructure, and
      (iv) reduce implementation risk.
‍}

^{SIV Impact Thesis}

^{Our projects provide opportunities to previously under-served social groups}^{so that anyone, regardless of their gender, place of birth, socioeconomic environment or age can have access to a sustainable community life.
‍
Our mission is to invest in social infrastructure that}^{creates the foundations for green, inclusive and sustainable communities with a focus in children and women as the mos vulnerable groups.}^{Developing and investing in climate-resilient, green and low-cost housing and social infrastructure in Africa’s secondary cities is essential}^{to reduce the existing housing gap, absorb the expected population growth and influx of migrants, enable social mobility, reduce inequality, promote green and climate resilient building, and boost regional economic activity.}^{SIV seeks to improve access to quality, affordable, green and inclusive housing and social infrastructure in}^{secondary cities to support regional economies}^{, promote disadvantaged groups, reduce gender disparities, child protection and promote sustainable development}

^{Our Team}

^‍_{SIV is a climate resilient, green and affordable housing company set up by incubator and sponsor}_{Cardano Development (“CD”)and the former senior management team of an an affordable real estate platform}_{founded in 2005 to focus on building sustainable communities across Africa.}_{Leveraging (i)}_{CD’s vast experience of successfully incubating, scaling, and / or managing innovative companies}_{(e.g. TCX, FrontClear, ILX, and GuarantCo) with the objective to further develop local capital markets in emerging markets and (ii)}_{the management team’s track-record of successfully delivering more than 13,000 affordable houses across 8 North and West African countries}_{, SIV seeks to introduce and scale the new model. First in North Africa, then in West Africa and East Africa.}^‍^{With a world class professional excellence and commitment to the highest ethical standards, SIV is dedicated to creating long term value through best-in-class investment strategies designed to strengthen our communities.}

^{Management Team}

Daniel Font

CEO and Partner

As a business executive and prominent investment professional, Daniel Font led numerous real estate transactions and has executed projects in France, Spain and Africa.

Anna Vilarrubi

CIO and Partner

Anna has 14 years of experience investing in real estate and urban infrastructure in Africa and more than 20 years of experience in the Planning and control sector. She joined SIV in 2021 as Partner.

Frederik van Pallandt

Investor Relationship

Frederik van Pallandt has over 20 years of investment experience in emerging markets. He is responsible for the capital raising and financing activities of SIV and its subsidiaries.

Fleur Henderson

CCO

Fleur has over 15 years’ experience in shaping financial markets for SMEs and low-income segments with a gender lens in Asia and Africa.

Saliou Niang

Francophone West Africa COO

Saliou has 14 years of experience in real estate development, where he held a position in the Finance and legal department before becoming the Managing Director of Mixta Senegal.

Kola Ashiru-Balogun

Anglophone West Africa COO

Over 16 years of experience in real estate development, finance and consulting. Held several executive positions in blue-chip real estate firms in Nigeria and the United States. Previous Vice President of ARM Properties plc. Kola joined SIV in 2022 as Senior Advisor.

Caroline van Noothoven

Senior Group Counsel

Caroline is a finance transaction lawyer who has been involved in lending and private equity transactions in emerging markets for over 15 years.

Maria-Pia Kelly

Investor Relations

Maria-Pia has 10 years of experience in financial sector acceleration in emerging and frontier markets.

^{Advisory Board}

Joost Zuidberg

Senior Advisor

Joost has been co-CEO of Cardano Development since January 2015 where his role has been to oversee the growth of the group which now includes the management of eight start-ups and five scale-up funds; including TCX, GuarantCo, Frontclear Management, BIX Capital, and the AGRI3 Fund.

Lasitha Perera

Senior Advisor

Over 23 years of debt capital markets and structured finance experience in developed and developing market

^{Support Team}

Tatiana Baudry

Senior Group Counsel

Tatiana Baudry has been working as a lawyer in prestigious international law firm (Jones Day and Dentons) where she was advising on Restructuring and Sovereign Project Development and Finance matters.

Sebastien Cuvelier

IT Manager PropTech

Over 20 years of experience in IT infrastructure and technology development. An award winning product engineer and developer.

Jan van der Beek

Financial Controller

Jan is one of the Financial Controllers within the Cardano Development Group.

Jacob Verloop

Financial Controller

Jacob is one of the Financial Controllers within the Cardano Development Group.