Dry Associates Limited

Experience & Activities

Dry Associates was established in 1994. Over the past two decades, the Company has developed particular expertise in Corporate Finance and Private Wealth Management.

In Corporate Finance, Dry Associates has a reputation for raising capital that puts corporations on a sound financial footing. As a pioneer in capital origination in Kenya, Dry Associates has 22 years of experience raising short and long term capital for growing companies.

Dry Associates was a pioneer in developing the now vibrant commercial paper (CP) industry in Kenya. This industry raises short term (one year or less) funding for corporations. This short term CP is less expensive than conventional commercial bank overdraft borrowing. Typically, after issuing CP for an established corporation for several years, Dry Associates will then issue longer term (two to five year maturity) debt on behalf of the corporation in the form of long term bonds.