Last week I indicated that if 2024 was the year for the Money Market Fund rush in Kenya, 2025 is certainly the year for the Special Funds rush.
Britam Asset Management indicated to me that they are working on something around a Special Fund (see quoted tweet).
This morning, CIC Global Balanced Special Fund is launched.
Minimum initial Investment is US$ 1,000, minimum top-up is US$ 100.
Looking at CIC's minimum initial investment (US$1,000) & its minimum top-up (US$100), are Special Funds finally being pushed downstream?
The president should not stand for re-election in 2027. But unless a strong opposition candidate emerges, there is a grave risk that he will continue to take his country backwards https://t.co/aIV48VA8nZ
Muammar Gaddafi's convoy was bombed by NATO leading to him been captured and assassinated by rebels sponsored by NATO
Under his leadership, Libya thrived, boasting one of Africa’s highest living standards, free electricity, and 0% interest loans. Gaddafi championed African unity, pushing for an African Union and the creation of an African Bank to challenge the World Bank’s dominance.
In the aftermath of NATO’s intervention, Libya fell into chaos, with extremist groups like ISIS exploiting the power vacuum, leaving the country in a prolonged state of instability.
Your thoughts on this