CDH Capital

What CDH Capital does

CDH Capital Ltd is a privately-held, licensed financial services firm headquartered in Kigali, Rwanda, operating as a stockbroker, broker-dealer, and investment advisor under regulation by the Capital Market Authority of Rwanda (CMA Rwanda). The firm is part of the broader CDH Group, a holding investment company that supplies experienced professionals and pooled resources to the subsidiary. CDH Capital operates through its wholly-owned subsidiary CDH Capital Nominee Ltd, which holds and manages shares on behalf of clients.

The company's product portfolio spans investment banking (syndicated loans, import solutions, integrated receivables, strategic advisory), bond markets (capital raising and financing solutions), equity markets (IPO origination and execution, follow-ons, convertible notes), a Private Equity Desk serving medium and large local companies, securities/broker-dealer services executing on the Rwanda Stock Exchange and Nairobi Securities Exchange with market-making and arbitrage activity, and a Prime Services franchise covering prime brokerage, securities clearing, hedge fund administration, capital introductions, and financing solutions for institutional and hedge fund clients. It also publishes research, RSE market reports, and financial news as a content-distribution channel.

Revenue is generated primarily through transaction-based commissions capped at 1.71% on equity trades and 0.049% on bond trades, supplemented by quote-based investment banking and advisory fees. Customer segments include individual and institutional investors (mutual funds, pension funds, hedge funds, insurance companies, banks) and corporate clients across the East African Community, with named listed-company clients including Bralirwa, Bank of Kigali, MTN Rwanda, I&M Bank Rwanda, and Cimerwa. The firm serves Rwanda, Kenya, Uganda, and Tanzania via exchange partnerships and references broader global institutional clients in its Prime Services offering.

Name

CDH Capital

Legal name

CDH Capital Ltd

Website

https://cdhcapitalltd.org

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

CDH Capital is a licensed Rwandan broker-dealer and investment bank offering equity and bond brokerage, corporate finance advisory, private equity, and prime services to investors, listed companies, and institutions across the East African Community.

Ownership category

akta.pro rank

Headquarters

HQ city

Kigali

HQ country

Rwanda

HQ region

Africa

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Equity Brokerage Commissions: CDH Capital charges commission on equity transactions (buy or sell). The commission is capped at 1.71% of the total transaction value.
2. Bond Market Transaction Charges: Charges on bond market transactions are 0.049% of the total value of the transaction.
3. Investment Banking Services: Advisory services including syndicated loans, import solutions, integrated receivables, and strategic advice for corporate clients.
4. Capital Markets Services: Helping companies raise capital through bond markets and equity markets including IPOs, follow-ons, and convertible notes. Also includes private equity as a new service.
5. Prime Services: Services to hedge funds and institutional clients including prime brokerage, start-up services, capital introductions, securities clearing, hedge fund administration, synthetics and innovative financing solutions.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

CDH Capital is a CMA Rwanda-licensed stockbroker and broker-dealer that executes equity and bond orders on the Rwanda Stock Exchange and Nairobi Stock Exchange. The firm offers investment banking advisory (syndicated loans, import solutions, integrated receivables), bond and equity capital markets services (IPOs, follow-ons, convertible notes), a Private Equity Desk for medium and large companies, prime services for hedge funds, and in-house research and statistics.

Product overview

CDH Capital operates as a financial services entity offering a comprehensive suite of capital market products and services. The company provides Investment Banking Services (including syndicated loans and import solutions), Bond Markets Services (capital raising solutions), and Equity Markets Services (IPOs, follow-ons, convertible notes). Additional services include a Private Equity Desk for medium and large companies, Securities/Broker-Dealer Services executing on Rwanda and Nairobi Stock Exchanges, Prime Services for hedge funds and institutions, and Research & Statistics. The company also operates through its subsidiary CDH Capital Nominee Ltd, which holds and manages shares on behalf of clients.

Differentiator

Problem solved

Functional benefit

Products and services

• Investment Banking Services

Named customers5 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core.

• CDH GroupcoreOthersCDH Capital pools resources from the CDH Group. The CDH Group has a pool of highly experienced and qualified professionals in their respective fields to guide clients in their investment decision making. CDH Capital is part of the CDH Group ecosystem.
• CDH Capital Nominee LtdcoreOthersCDH Capital Nominee Ltd is a domestically registered subsidiary of CDH Capital. Its main objective is to hold and manage shares on behalf of clients.
• Rwanda Stock ExchangecoreTechnology or IntegrationCDH Capital is a licensed broker executing trades on the Rwanda Stock Exchange. The RSE is the primary market for listed securities including Bralirwa, Bank of Kigali, MTN Rwanda, I&M Bank, Cimerwa, and cross-listed companies.
• CMA Rwanda (Capital Market Authority)coreOthersCDH Capital is licensed and regulated by the Capital Market Authority of Rwanda (CMA Rwanda), the regulatory body overseeing capital market operations in Rwanda.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• KCB Capital: Kenyan investment bank subsidiary of KCB Group offering brokerage, advisory, and capital markets services — comparable multi-product model and institutional focus.
• AKIBA Capital: Rwandan broker-dealer also licensed by CMA Rwanda, offering equity and bond trading on the Rwanda Stock Exchange with similar transaction-fee economics to CDH Capital.
• ABC Capital: Kenyan stockbroker and investment bank serving institutional clients on the NSE, directly comparable in transaction-fee and advisory revenue mix.
• Dyer & Blair Investment Bank: Kenyan stockbroker and investment bank providing equity brokerage, fixed-income, and research on the Nairobi Securities Exchange — a regional peer with multi-product platform similar to CDH Capital.
• Genghis Capital: Kenyan investment bank offering brokerage, advisory, and asset management on the NSE, comparable in scope to CDH Capital's investment banking and equity brokerage lines.
• Faida Securities: Kenyan securities firm providing institutional brokerage and research on the NSE, an East African regional peer targeting institutional investors similar to CDH Capital's client base.
• NIC Capital: Rwanda-licensed securities firm offering brokerage and investment advisory services on the RSE, directly competing with CDH Capital for institutional and retail flow in Rwanda.
• Standard Investments Limited: Kenyan securities brokerage and investment advisory firm focused on NSE institutional flow — directly comparable to CDH Capital's securities services line.

Broad incumbents

• SBG Securities: South African stockbroker and institutional securities firm; a scaled African brokerage incumbent whose broader product set frames the long-run competitive benchmark for CDH Capital.
• African Alliance: Pan-African investment management and advisory firm offering brokerage, capital markets, and research across multiple African markets — a broader incumbent operating in CDH Capital's regional space.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/cdhcapitalltd
• Facebookfacebook.com/profile.php

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CDH Capital