DAR ES SALAAM, Oct. 28 -- TANZANIAN investors can now buy into major African financial, energy, and technology stocks through a new 30 billion Tanzanian shillings (30bn/-) initial public offering (IPO) launched by iTrust Finance Limited. The offer introduces three sector-specific Collective Investment Schemes: the iAfrica Financials ETF, iAfrica Mining & Energy ETF, and iAfrica Telco & Tech ETF.

Each fund targets 10bn/- and is priced at 1,000/- per unit, with a minimum investment requirement of 100 units (100,000/-) per fund.

The public offer opened on Monday and will close on November 27, 2026. Speaking during the launch in Dar es Salaam yesterday, iTrust Finance Chief Executive Officer Faiz Arab said the products marked an important m...