Development REIT, then Income REIT
A Development REIT builds and repositions assets. Once an asset proves its income, it transfers to an Income REIT. Kenyan REITs are tax-transparent at fund level.
Nexcelia is building Africa's first listed conservation-hospitality platform. Safari and hospitality assets are held in regulated REITs, and a booking platform turns everyday travel into conservation funding.
Explore the modelAfrica's conservancies run on donations and hunting fees. Donations rise and fall with the news cycle, and hunting income is under growing pressure. Neither is a foundation for protecting a landscape for the long term.
Nexcelia turns travel spend into permanent conservation income. Every trip booked on the platform, anywhere in the world, sends a share to the conservancies where the wildlife lives.
Your hotel in Paris funds a game guard in Namibia.
Every great safari landscape holds two communities: the people who live around it, and the herds, prides and packs that live within it. Nexcelia is designed so that both are sustained by the same thing.
Each part of the platform makes the next one stronger. Films create the desire, everyday bookings build toward the trip, the stay pays rent and a conservation levy, and protected wildlife makes the next film.
Everyday travel, worldwide: flights, hotels, cars and tours.
Points on every booking.
Save-to-Safari: save monthly, the lodge adds a match, and points speed it up.
The safari itself, at a Nexcelia lodge.
A share of every booking goes to conservation from day one.
Nexcelia's property sits in regulated, listed real estate investment trusts. The booking platform that fills the lodges is a separate company.
A Development REIT builds and repositions assets. Once an asset proves its income, it transfers to an Income REIT. Kenyan REITs are tax-transparent at fund level.
Holds the Namibia × Zimbabwe safari lodges in US dollars. 100% foreign ownership is permitted, there is no capital gains tax, and withholding tax for non-residents is reduced.
Lodges are operated by experienced hotel operators under management agreements; the booking platform sits outside the REITs.
Structure subject to regulatory approval.
Read about the model
Linking Etosha to the Skeleton Coast, the landscape covers seven community conservancies. It is home to desert-adapted elephant, black rhino, lion and leopard.
About 45,000 hectares in the Chegutu and Hwange districts.
The conservancies are community-owned and community-governed, following Namibia's Community-Based Natural Resource Management (CBNRM) model. Conservation income pays for what keeps a landscape alive: game guards, water points and income for the communities who live there.
An economist and investor based in Bulawayo, The Hague and Shanghai. Dr Muganyi holds a PhD in Industrial Economics (Fintech), is the creator of the Global Fintech Development Index and the “Leapfrog Paradox”, and leads the Murarabungu Wildlife Conservation Initiative in Zimbabwe.
Nexcelia works with a limited number of institutional partners, family offices, and qualified investors. To learn more, we welcome your enquiry.