Business & Economy3 stories
The Capital Markets Authority (CMA) has licensed four new capital market players and approved additional investment products to expand Kenya's financial sector. Among the approvals are Etica Capital’s Multi-Asset Fund and the Acorn Build-to-Rent REIT, which aim to diversify financial offerings. Separately, Diamond Trust Bank Kenya announced its plan to sell its entire 83.67% shareholding in DTB Burundi. The stake will be sold to a consortium of primarily Burundian investors. This divestment aligns with DTB's strategy to concentrate on its core markets in Kenya, Uganda, and Tanzania.
