Kenyans Shift Savings to Special Funds as MMF Yields Decline

Africa · East Africa Key Facts —Market share shift. Money market funds fell from over 90% of CIS assets in 2021 to 51.9% by March 2026. —Special fund growth. Special funds now hold 23.9% of total CIS assets, up from 6% five years ago. —Yield gap. MMFs return 8–11% annually while special funds target 18–25%,…