Architecture for Efficient
Markets.
Shabba Financial builds the infrastructure that powers East African capital markets. Algorithmic market-making across the asset classes traded on the Dar es Salaam Stock Exchange and the Nairobi Securities Exchange. Our vision: the complete modernization of Africa's financial landscape.
East African capital markets, by design.
Two markets today. A continental thesis behind every line of code we write.
One operating standard, every market.
Shabba runs the same operating model in every market it serves. The asset class changes from venue to venue. The pricing engine, risk discipline, and regulatory posture do not.
Each operating jurisdiction sits inside its own ring-fenced entity, holding the licenses that regulator requires. The technology stack is shared. The local relationships and accountability are not.
Algorithmic, continuous
Two-sided quoting, model-driven pricing, sub-second quote updates. The same engine runs across cash equities, fixed income, ETFs, and derivatives. Differences sit in the product layer, not the system layer.
Risk before P&L
Pre-trade checks, position limits, real-time monitoring, automated kill-switches. The same risk standard applies in every jurisdiction we quote into. Calibrated to the market structure of each venue, never relaxed.
Regulator first, trade second
A ring-fenced operating entity in each market, holding the licenses that jurisdiction’s regulator requires. CMSA-regulated in Tanzania, on the licensing pathway with NSE and CMA Kenya for Kenya. One operating standard, one brand, separate corporate vehicles where regulators require them.
The Ecosystem of Integrity.
The exchanges, regulators, and central institutions that shape the markets we operate in across Tanzania and Kenya.
