Investment risk disclosure

You can lose your capital

Every project on this platform puts your capital at risk. Land values can fall as well as rise, developments can fail to complete, and operating businesses built on land can trade at a loss. You may receive back less than you contributed, and in an adverse case you may receive nothing.

Do not commit money you cannot afford to lose, and do not commit money you expect to need back on a particular date.

Your investment is illiquid

There is no exchange or established secondary market for fractional land interests in Kenya. Once you commit funds, you should assume your capital is locked in for the full project term, which is commonly measured in years. Any transfer or buy-back facility, if one exists at all, will be set out in that project’s documents and will operate on terms set there — not on demand.

Projected returns are estimates, not promises

A projected return is arithmetic performed on assumptions: yields per hectare, occupancy rates, energy output, commodity prices, exit values. Each of those assumptions can prove wrong, and they tend to be wrong together rather than independently. Past performance of any project, whether on this platform or elsewhere, does not indicate future results.

Projects can fail to execute

Construction runs over budget and behind schedule. Agricultural output depends on rainfall, pests and input costs. Operating businesses depend on demand that may not materialise. Delays compound: a project that returns capital three years late has produced a materially worse outcome than the same project on time, even if the nominal return is unchanged.

Title and regulatory risk

Interests in Kenyan land carry specific legal risks. A title can be challenged or revoked where it was irregularly issued. Transactions in agricultural land require Land Control Board consent under the Land Control Act, and a controlled transaction entered into without that consent is void. Article 65 of the Constitution restricts non-citizens to leasehold interests capped at 99 years, which limits who may hold certain assets.

Leasehold interests decline in value as the residual term shortens, and a lease extension is an application rather than an entitlement. These are explained further in our guides to freehold and leasehold tenure and title verification.

You may not hold the land directly

In most fractional arrangements you hold a shareholding, a beneficial interest under a trust, or a contractual interest — not a title deed in your own name. Your protections follow from that instrument. A contractual profit share, in particular, gives you no proprietary interest in the land at all and leaves you an unsecured creditor of the operator. Establish which instrument applies before you commit.

Concentration and platform risk

Holding one or two projects concentrates your exposure to specific locations, sectors and counterparties. Separately, you are exposed to this platform continuing to operate: if project assets are not ring-fenced from the operator, an operator failure can affect your investment regardless of how the underlying project performs.

Regulatory status and investor protection

FIBI’s regulatory status is being confirmed and will be stated here in full. Do not assume that an investment offered through this platform carries statutory investor protection, compensation-scheme cover or an ombudsman route. Ask us directly, and verify any regulatory claim against the regulator’s own public register rather than the platform’s description of it.

Tax

The tax treatment of your investment depends on your circumstances and on how the interest is held — a shareholding, a trust interest and direct co-ownership are not taxed alike. Kenyan land disposals may attract capital gains tax, and distributions may be subject to withholding. Nothing on this site is tax advice. Take your own advice from a qualified adviser before investing.

This is not financial advice

The information on this platform is general and does not take account of your objectives, financial situation or needs. Nothing here is a personal recommendation to invest in any project. If you are unsure whether an investment is suitable for you, consult an independent financial adviser authorised to advise on investments in Kenya.