Satrix, a provider of index-tracking investment products in South Africa, has announced that it would further expand its offering into another African market.

The company has selected the Nairobi Securities Exchange (NSE) as the platform for the secondary listing of the Satrix MSCI World Feeder ETF, a JSE-listed exchange-traded fund (ETF), with the listing going live on July 16, 2025.

Fikile Mbhokota, Chief Executive Officer of Satrix, said: “Further expansion into Africa continues to bring our strategic plan to fruition. We are excited about our product expansion into Kenya and look forward to working closely with the market participants as we continue to develop our pan-African product listings to drive the democratisation of investments. We believe this offering will give Kenyan institutional investors a cost-effective way to help diversify their portfolios by gaining exposure to world equity markets.”

The Satrix MSCI World Feeder ETF has been listed on the Johannesburg Stock Exchange (JSE) since 2017, and it will dual list on the NSE, denominated in Kenyan shillings (KES).

A strong track record of firsts, rapid growth and innovation has seen Satrix establish itself as a prominent player in the indexation market.

It currently offers 38 JSE-listed ETFs, encompassing South African and global equities across various asset classes, with a total value exceeding R77bn (Ksh 561bn). 

This dual listing unlocks access to the MSCI World Index for Kenyan investors, enabling them to diversify beyond local assets, providing positive diversification benefits for their investment portfolios.

Frank Mwiti, Chief Executive, NSE, said: “The NSE, aligning with its strategic vision to deepen market depth, enhance liquidity, and expand investment choices for local investors, sees this listing by Satrix as a key step in internationalising the Exchange. The Satrix MSCI World ETF is poised to be a valuable addition to the NSE's existing ETF offering, fostering the deepening of capital markets and expanding investment opportunities for local investors.”

Duma Mxenge, Head of Business and Market Development at Satrix, said: “We anticipate that this expansion of the Satrix offering into Kenya will significantly contribute to the development of capital markets in the country, providing local investors with a more diversified array of investment options. Furthermore, we are pleased that the dual-listed ETF is expected to play a pivotal role in globalising the NSE and increasing its exposure to international markets.”