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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CMA Licenses New Investment Players as DTB Sells Burundi Stake - September 2025
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.
