Dar es Salaam, October 27, 2026 – iTrust Finance has officially launched the iAfrica Exchange Traded Funds (ETFs), introducing what the company describes as the world’s first Pan-African sector-based ETFs and giving Tanzanian investors direct access to some of Africa’s leading listed companies through the Dar es Salaam Stock Exchange (DSE).
The launch marks a significant milestone for Tanzania’s capital markets and broadens investment opportunities beyond traditional local and regional markets. Through the new products, investors can gain diversified exposure to key sectors driving Africa’s economic transformation, including financial services, mining and energy, and telecommunications and technology.
Three Sector-Focused Investment Opportunities
The iAfrica ETF family consists of three distinct funds:
- iAfrica Financials ETF, which invests in banks, insurance companies, asset managers, fintech firms and other financial institutions across Africa.
- iAfrica Mining & Energy ETF, focused on companies operating in mining, oil and gas, electricity, renewable energy and natural resources processing.
- iAfrica Telco & Tech ETF, targeting telecommunications operators, digital infrastructure providers, software and technology companies.
The investment themes align with sectors viewed as critical to Africa’s long-term economic growth and industrial development.
A New Era for Retail Investors
According to iTrust Finance, the iAfrica ETFs are designed to make continental investing more accessible by allowing investors to buy into diversified portfolios of African-listed companies through a single investment product. The funds are being offered at TZS 1,000 per unit, with a minimum investment of TZS 100,000, making them accessible to both retail and institutional investors.
The public subscription opened on 26 October 2026 and will remain open until 27 November 2026. Investors can participate through the iTrust App and other approved channels.
Supporting Africa’s Investment Vision
Speaking during the launch, iTrust Finance Chief Executive Officer Faiz Arab described the initiative as more than the introduction of new investment products. He said,
“The launch is not just about introducing new investment products; it is about enabling Tanzanian investors to participate in Africa’s growth story and diversify their investments across key sectors of the continent’s economy.”
Strengthening Tanzania’s Capital Markets
With a combined fundraising target of TZS 30 billion, the three ETFs are expected to contribute to the development of Tanzania’s capital markets by expanding the range of investment products available on the DSE. Each fund aims to raise TZS 10 billion.
The initiative received approval from the Capital Markets and Securities Authority (CMSA), while NBC Bank is serving as trustee and custodian for the funds.
iTrust Finance also acknowledged the support of key stakeholders, including the Bank of Tanzania, CMSA, the Dar es Salaam Stock Exchange, NBC Tanzania, Vertex Law Chambers and PwC Tanzania, in making the launch possible.
Looking Ahead
Following the close of the public offer on November 27, the iAfrica ETFs are expected to be listed on the Dar es Salaam Stock Exchange, with trading anticipated to commence in January 2027. For investors seeking exposure to Africa’s expanding financial, energy and technology sectors, the launch of the iAfrica ETFs signals a new chapter in cross-border investing and reinforces Tanzania’s growing role as a regional capital markets hub.