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Kenyan Behind Pesa Print Limited Eyeing Multi-Billion Shilling NTSA Contract

Daisy MoraabyDaisy Moraa
March 2, 2026
Reading Time: 5 mins read
Who Owns Pesa Print? The Fintech Company Eyeing Ksh 45Billion Ntsa Contract

Printed out smart DL as shared by NTSA on February 19, 2023. PHOTO/NTSA

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Pesa Print Limited is a Nairobi-based firm listed among the companies eyeing the KSh 45 billion National Transport and Safety Authority (NTSA) contract to roll out smart driving tools.

In a public notice on February 24, NTSA unveiled and advanced a major public-private partnership (PPP) project to roll out second-generation smart driving licences (also called electronic driving licences or e-DL) and associated digital enforcement tools.

“Upon obtaining the regulatory approvals and transfer of specified assets and liabilities from NBK to KCB Ltd, the project was reconfigured into an instant fines system under NTSA and KCB Ltd – Pesa Print Consortium,” the notice stated.

Who Owns Pesa Print?

David Njane Ruiyi is a Kenyan entrepreneur and the founder of Pesa Print, a firm specialising in secure printing, biometric identity solutions, and anti-counterfeiting technologies.

David Njane founded Pesa Print through Kenya Twelve Ventures and EyeSeeYou Communications, partnering with European firms such as X Infotech (Latvia) and Austria Card for technical expertise in government tenders. 

In 2017, the National Bank of Kenya subcontracted Pesa Print for NTSA’s smart driving license project; production stalled pre-COVID despite claims of tech delivery.

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In 2025, a High Court ordered Total Kenya to pay David Njane KSh138 million in compensation for petrol station fraud losses. 

Ownership shifted in 2025 with Faryd Abdulrazak Sheikh and Jabir Abdul Nassir acquiring 41.17% via new firms amid the KSh 45 billion NTSA PPP controversy.

Faryd Abdulrazak Sheikh owns 51 shares in Pesa Print and owns Dolphoin Resort, while Abdul Nassir  co-owns Mogor Holdings 


Also Read: Mombasa Advances PPP Sewer Upgrade Amid Crackdown on Illegal Connections


About Pesa Print

Pesa Print Limited is a Kenyan fintech company focusing on building integrated ecosystems that streamline transactions and improve service delivery.

From the Company’s profile, the firm’s core services include secure document printing, identity management, and card management solutions, and these services are supported by blockchain technology to enhance security and data protection.

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Pesa Print collaborates with internationally accredited partners to strengthen its offerings in transaction management and analytics. The company operates under the business services and commercial printing sectors.

According to available company data, Pesa Print is headquartered in Kenya and reports an estimated annual revenue of approximately $201,000, with a small workforce.

Members of the executive and management team include Anthony Situma (Corporate Strategy and Operations Head), Mercy Wangui (Team Lead, Customer Response Operator and Quality), Immaculate Wangeci (Customer Response Manager), Nicole Ruiyi (Manager, Finance and Assistant), Wanjiku Mahugu (Finance Assistant), and Wathoni Kimotho (Project Manager, Driving License).


Also Read: Why NTSA Will Deploy 1,000 Digital Cameras and Updated List of Rates Charged by Kenyan Banks


NTSA Details Approval Process for Smart Driving Licence PPP Project

NTSA, in the notice, outlined the implementation of a Public-Private Partnership (PPP), explaining its decision to transition the smart driving licence maintenance project from the National Bank of Kenya (NBK).

The Project was initiated in 2017 under a Contract between NTSA and the National Bank of Kenya (NBK) and Pesa Print Consortium (Contract No. NTSA/ICB/014/2014–2015), funded solely through National Treasury budgetary allocations.

Due to funding constraints, limitations in geographical coverage, and the need for nationwide deployment of instant fines infrastructure, the Government subsequently resolved to restructure the project into a Public Private Partnership (PPP) undertaken through the direct procurement method in accordance with the Public Private Partnerships Act, Cap 430.

Follow our WhatsApp Channel and X Account for real-time news updates.

Who Owns Pesa Print? The Fintech Company Eyeing Ksh 45Billion Ntsa Contract
A collage of a driving license issued in Kenya by NTSA. PHOTO/NTSA
Tags: KCB BankPPP Directorate
Daisy Moraa

Daisy Moraa

Daisy Moraa is an all-round journalist at The Kenya Times, covering education, business, politics, and health. She specializes in storytelling, news reporting, and content creation, with experience across both mainstream and digital media platforms. She actively champions for the Sustainable Development Goals (SDGs), focusing on mental health awareness and sustainability. She holds a Bachelor of Science in Communication and Journalism from Rongo University. She can be reached at [email protected].

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