15 May 2019

Kenya: CMA Licenses AFG Wealth Kenya as an Investment Adviser

The Board of the Capital Markets Authority (CMA) has approved the grant of a license to AFG Wealth Kenya Limited to operate as Investment Adviser in Kenya bringing the number of investment advisers to fifteen.

AFG Wealth Kenya Limtied was granted the license after meeting the minimum requirements as set out under the Capital Markets (Licensing Requirements) (General) Regulations, 2002.

An investment adviser is a person or group licensed under the Capital Markets Act to make investment recommendations or conduct securities analysis in return for a fee whether through direct management of a client’s assets or through written publications.

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