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Originally published by The Kenyan Wall Street
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September 23, 2025
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Etica Capital’s Multi-Asset Fund, Acorn Build-to-Rent REIT, Get CMA Approval

Etica Capital’s Multi-Asset Fund, Acorn Build-to-Rent REIT, Get CMA Approval

CMA issues four new licenses including TPXM Global, Point Forty, Silverhouse, and Enwealth Impact Debt Fund to deepen Kenya’s capital markets...

✨ Key Highlights

The Capital Markets Authority (CMA) has significantly broadened Kenya's capital markets by approving four new licenses and additional registrations for investment vehicles. These approvals aim to diversify financial offerings and investment opportunities within the country.

  • Among the new licenses, TPXM Global Kenya Limited was approved as a non-dealing Online Foreign Exchange Broker, offering trading in foreign exchange, commodities, equities, and CFDs.
  • The CMA also approved Etica Capital Limited to register the Etica Special Multi-Asset Fund (KES) under its unit trust platform.
  • Additionally, the Acorn Build-to-Rent Development REIT, managed by Acorn Investment Management, received approval to expand affordable rental housing options.

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