Tanzania launches iTrust Finance to deepen EAC investment

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Tanzania launches iTrust Finance to deepen EAC investment
Tanzania launches iTrust Finance to deepen EAC investment

Africa-Press – Tanzania. TANZANIA has achieved a breakthrough in deepening regional investment connectivity following the launch of the first Regional Collective Investment Scheme under iTrust Finance in Dar es Salaam today, November 18, 2025.

The launch was officiated by the Director of Research, Policy and Planning from CMSA, Mr Alfred Mkombo, who represented the Chief Executive Officer of the Capital Markets and Securities Authority (CMSA), Mr Nicodemus Mkama, and he said that the launch represents a transformative step for regional capital markets.

“This launch is an important milestone for our capital markets.

Through one investment, Tanzanians can now hold shares from multiple East African exchanges, benefiting from growth in neighbouring economies while enjoying professional management and transparency,” said Mr Mkombo

He said the new product, officially introduced as the East Africa Collective Large Cap Equity Exchange Traded Fund (IEACLC-ETF), marks a historic step in expanding access to regional capital markets.

Mr Mkombo said that, for the first time, Tanzanian investors will be able to buy a single investment that gives them exposure to several major companies listed across East African stock exchanges.

According to Mr Mkombo, the introduction of the regional ETF aligns with the government’s commitment to deepening financial markets and expanding opportunities for Tanzanians to participate in long-term, wealth-building investments.

“This launch is an important milestone for our capital markets. For many years, investors have asked for wider access to regional instruments, and this ETF finally opens that door. Through one investment, Tanzanians can now hold shares from multiple East African exchanges, benefiting from growth in neighbouring economies while enjoying professional management and transparency,” said Mr Mkombo

On his side, the CEO of iTRUST Finance, Professor Mohamed Warsame, who is the architect behind the IEACLC-ETF, outlined the core pillars upon which the fund is built.

He said that the product is grounded in diversification, affordability, accessibility and regional integration.

“This ETF has been designed with the investor at its centre. It spreads risk across carefully selected companies, keeps costs low, and allows easy entry even for young or first-time investors,” said Prof Warsame.

Prof Warsame added that the ETF also aims to stimulate cross-border capital flows and strengthen collaboration among East African exchanges.

He said that investors will now have a seamless way to participate in the economic performance of multiple countries without the need for complex individual transactions.

“The fund’s initial size is projected at 500m/-, with expectations of steady growth as more investors join,” he added.

Speaking during his presentation, iTrust Finance CEO, Mr Faiz Arab, said that the IEACLC-ETF represents a major milestone not only for the company but also for the country’s evolving investment landscape.

“This ETF opens a new chapter for investors in Tanzania. For the first time, individuals can access a professionally managed, regional-wide equity portfolio through one simple, affordable product,” said Mr Arab.

He added that, “our goal is to democratize investment by ensuring everyone, whether experienced or new to the market, can participate in the region’s economic success.”

Mr Arab said that ETF is designed for investors who aim to build long-term wealth and are comfortable with stock-market exposure.

By investing in a basket of blue-chip companies across multiple sectors, the fund reduces concentration risk and increases the potential for steady capital appreciation over time.

As regional economies expand and corporate performance strengthens, investors stand to benefit from the rising value of large-cap stocks.

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