Africa ETP News
you are currently viewing::Nairobi Securities Exchange Plans East Africa's First AI ETF- But Its CEO Is Watching for a BubbleAugust 5, 2026--The Nairobi Securities Exchange is building East Africa's first exchange traded fund focused on AI stocks, with plans to offer it to investors before year-end- though its chief executive says the launch could be delayed if the global AI rally starts to look overdone. "We want essentially to be able to bring a product to our market where the underlying basket is a reflection of companies that have a direct exposure to AI," NSE chief executive Frank Mwiti said. Microsoft, Anthropic and OpenAI could serve as references for the fund, he added. The exchange is discussing the proposal with Kenya's market regulator. Source: iAFRICA |
First Mutual Wealth Gold ETF debuts on VFEX
May 2, 2026-Zimbabwe's exchange-traded fund (ETF) landscape has undergone a gradual evolution, shaped by liquidity constraints and shifts in the underlying equity instruments. The launch of the Old Mutual Top 10 ETF in December 2020, the first ETF, with listing in January 2021, marked a significant milestone for the Zimbabwe Stock Exchange (ZSE), introducing passive investment exposure.
