Show Notes
Explore the future of Kenya’s investment landscape in this episode of Financing Africa’s Future. We sit down with Fred Mburu, CEO of the Fund Managers Association (FMA) Kenya, to discuss how the fund management industry is shaping deeper, more resilient financial markets. With over two decades of experience, Fred shares insights on strengthening regulatory frameworks, promoting professionalism, and expanding investor education. We also explore the challenges and opportunities in Kenya’s financial sector, including the role of domestic capital, the informal economy, and the growing potential of retirement savings, unit trusts, and other investment vehicles. Kenya has over 40 licensed fund managers, with 21 currently in the FMA. While savings rates are improving, the country’s potential for financial inclusion and investment growth remains significant. Learn how FMA is driving transparency, integrity, and confidence in the market, while enabling long-term economic development. Tune in for a thought-provoking conversation on investment, regulation, and building trust in Kenya’s financial sector. Listen now and subscribe to stay updated on the latest in African finance and investment innovation.
More from Financing Africa’s Future
What if future repayments on loans to small businesses and farmers could unlock more capital for lenders, allowing them to finance even more customers? In this episode of Financing Africa’s Future, Sucharita Mukherjee, Co-founder and CEO of Kaleidofin, joins Kaara Wainaina of FSD Africa to explore how securitisation can connect institutional investors with last-mile lenders. Drawing on the Apollo Agriculture transaction in Kenya, which raised KES 276 million (around $2.5 million) through local-currency securitisation, they discuss how innovative financial solutions can expand access to finance and strengthen Africa’s capital markets. Subscribe to the FSD Africa channel for more insights on financial inclusion, SME financing and Africa’s financial future. #FinancingAfricasFuture #Securitisation #SMEFinance #AgriculturalFinance #CapitalMarkets
How can African countries manage rising debt pressures while preserving the fiscal space needed for development? In this episode of Financing Africa’s Future, Kaara Wainaina speaks with Henry Kyeremeh, Lead, Sovereign Debt Advisory at FSD Africa, about sovereign debt management, domestic capital mobilisation and the tools that can help African economies build more sustainable financing frameworks. They explore liability management, debt capacity, domestic capital markets and the importance of stronger institutions in navigating Africa’s evolving debt landscape. Listen to the full episode for insights into the choices shaping sovereign finance across the continent.
Nigeria’s capital markets are at a pivotal stage, with market reform, liquidity, new investment products and regulatory innovation shaping the next phase of growth. In this episode of Financing Africa’s Future, Bola Ajomale, Commissioner, Operations at the Securities and Exchange Commission Nigeria, shares her perspective on the opportunities and challenges facing Nigeria’s investment ecosystem. The conversation explores market liquidity, capital raising, patient capital for SMEs and growth businesses, investor protection and the rise of digital assets and tokenisation. Bola also discusses the role of technology in strengthening market surveillance and the implications of Nigeria’s Investment and Securities Act 2025, which broadens the regulatory framework across emerging and established areas of the investment market. Listen to the full conversation for insights into how Nigeria is working to deepen its capital markets and build a more resilient investment ecosystem.
Ethiopia’s capital markets are entering a new phase, with reforms creating opportunities to mobilise domestic capital, deepen financial intermediation and expand access to long-term finance. In this episode of Financing Africa’s Future, Hana Tehelku, Director General of the Ethiopian Capital Market Authority (ECMA), discusses the evolution of Ethiopia’s capital markets, regulatory reform, investor confidence and the opportunities ahead for private sector financing and investment. Listen to the full episode for insights into the development of Ethiopia’s capital market and its role in supporting broader economic transformation. Subscribe to Financing Africa’s Future and listen to more episodes on the ideas shaping Africa’s financial future.
In Episode 19 of Financing Africa’s Future, Dr. Tilahun Esmael Kassahun, Founding Chief Executive Officer of the Ethiopian Securities Exchange (ESX), reflects on building Ethiopia’s capital market from the ground up. He discusses the ESX’s progress, growing investor participation, new market opportunities and the role of FSD Africa in supporting Ethiopia’s capital market development. Having since left the ESX, Dr. Kassahun looks back on an exchange that has evolved from an ambitious idea into a functioning market, leaving a strong foundation for its next chapter. Listen to the full conversation and subscribe to FSD Africa for more insights on Africa’s financial markets and economic transformation.