Fund manager and wealth-tech startup Waanzilishi Capital Kenya Limited, which trades as Ndovu, has got the approval of the Capital Markets Authority (CMA) to set up a money-market fund. Waanzilishi has so far partnered with Zimele Asset Management Limited to offer the investment products.
The firm has also disclosed the approval to operate as an investment manager in Rwanda under its subsidiary Waanzilishi Capital Rwanda, allowing it to offer investment advisory and portfolio management services.
