Understanding the Quickmart IPO

The Mwango Capital Podcast · Oct 20, 2026 · 53m · transcript

In this episode recorded on October 15, 2026, we sit down with Martha Osier (Partner, Adenia Partners), Simon Macharia (CFO, QuickMart), and Jacques Dôme (Managing Director, QuickMart Kenya) to dissect QuickMart's KES 15 billion public offering. We explore the rationale behind the secondary offer for sale, how the business sustains negative working capital alongside an 80% dividend payout ratio, store rollout economics, supply chain resilience against shrinkage, and Adenia's strategic alignment with new investors post-listing.

Show Notes

00:00:00 Introduction

00:05:40 Why List Now

00:11:04…