Fortunatus Magambo

Fortunatus Magambo

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Fortunatus Magambo serves as the Board Chairman of Watumishi Housing Investments (WHI), where he plays a pivotal role in promoting the Faida Fund, which has recently seen its assets grow to Sh43.9 billion. During the third Annual General Meeting of the Faida Fund Investment Year, he highlighted the fund's impressive growth and emphasized the importance of enhancing financial and investment education initiatives to attract more investors, particularly among the youth.

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Fortunatus Magambo said the fund’s continued growth is a positive sign for national development.

Minister Kikwete urges youth to invest in Faida Fund as assets hit Sh43.9 billion
The Citizen – major Tanzanian English newspaper, est. 2004·TanzaniaTanzania· 2026-01-18
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