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Originally published by The Kenyan Wall Streetbusiness
September 22, 2025
18h ago
CMA Licenses First Climate-Focused Fund Manager in Kenya
CMA has issued four new licenses, including Kenya Climate Ventures as the first climate-focused fund manager and EDC Asset Management...
✨ Key Highlights
The Capital Markets Authority (CMA) in Kenya has issued four new licenses, significantly expanding the capital markets, including the licensing of the country's first climate-focused fund manager.
- Total of 47 licensed fund managers now operating in Kenya.
- Kenya Climate Ventures Limited is the first locally licensed climate-focused fund manager, established in 2016 and having made 23 investments valued at approximately US$ 4 million.
- EDC Asset Management (Kenya) Limited, Jalia Advisers & Intermediaries Limited, and Co-operative Bank of Kenya also received licenses for fund management, investment advisory, and corporate trustee services respectively.
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