Its signage and advertising billboards are a common feature, dotting streets, buildings and other prominent places in the country’s main urban centres and major highways. Magnate Ventures, now in its tenth year of operation, has developed into the leading promotional advertising and image projection firm in East Africa.
In 2008 the company was ranked sixth among the top 100 Small and Medium Enterprises (SMEs) surveyed by reputable international accounting and polling firms, KPMG & Steadman. Established in 1996 by indigenous Kenyan entrepreneurs, Magnate Ventures started operations after a two-year gestation period during which a solid foundation was laid for success and future growth.
In 1999, Magnate Ventures made its first strategic acquisition when it bought Kenya Neon and General Signs, a long-standing firm and the best equipped signage company in Kenya at the time. Through this acquisition, Magnate Ventures took a vital step in creating one of the strongest signage and image companies in the region. Association with a company that was already well known in the market gave Magnate Ventures a solid head start.
The company has since its first year of operation, experienced healthy growth patterns and is now well prepared to maintain sustained growth through expansion of its product lines and services to cover the entire East and Central African region. Magnate Ventures’ focus is in strategic advertising development, printing, branding, supply, manufacture, installation and maintenance of indoor, outdoor signage and promotional materials. Its fundamental objective is to deliver highly visible and visually attractive images of customers’ products and services through creative artistic impression and strategic positioning.