| Market Status: CLOSED

About Cedar Capital

A dynamic, digital, Malawi-based capital markets intermediary that is using technology to democratize access to investment solutions across Africa.

Armstrong Kamphoni, Founder of Cedar Capital

An Organic Malawian Investment House

Cedar Capital Ltd was formed following the divestment from Malawi of African Alliance. The company is managed by Armstrong Kamphoni — a seasoned investment banker and stockbroker in the Malawi financial market, supported by a team of staff well versed in international standards of stockbroking.

Cedar Capital's board ensures best international practice is adhered to, with a diverse group of directors from within Malawi and the region.

In terms of market share and innovation, Cedar Capital is the leader in Malawi market. The company's service offering includes stockbroking, corporate advisory, research and personal investment advice. The company enjoys strong links with international brokerage houses making it the most sought after broker in matching and executing high value trades in the market.

Cedar Capital seeks to forge long-term client and counter party relationships based on trust and service delivery. Our processes and procedures, the combined experience from our energetic and client centric dealing staff is integral to delivering world class stockbroking services.

We aim to provide the most effective and efficient service available, tailor made to meet individual needs of our institutional and high net worth clients. Our objective is always to create an environment in which our clients get the best execution and achieve strong performance from their investments. We execute trades in the best interest of our clients, in a price sensitive and confidential manner.

Cedar Capital is the sole provider of regular research on listed companies on the Malawi Stock Exchange and issues a weekly market commentary together with an economic and political overview.

Cedar Capital Limited is registered in Malawi under the Companies Act 2013 is a licensed Broker/Dealer by the Registrar of Financial Institutions under the Securities Act 2010 and also a registered member of the Malawi Stock Exchange.

Regulated & Trusted

Cedar Capital is fully licensed and regulated by the Registrar of Financial Institutions. We adhere to the highest standards of corporate governance, financial reporting, and client protection.

World-Class Trading Systems

Our operations are powered by Axis, a world-class capital markets platform by Martens Africa—providing end-to-end functionality from order capture to settlement.

1

Secure Order Management

Real-time order capture, execution, and position monitoring with full audit trails

2

Integrated Back-Office

End-to-end trade processing, settlement, and reconciliation aligned with MSE

3

Compliance & Surveillance

Built-in tools for monitoring trading activity, AML/CFT compliance, and regulatory reporting

4

Cloud Infrastructure

Secure, scalable cloud hosting fully compliant with data protection regulations

Our Mission

To empower investors through transparent, reliable, and client-focused services grounded in strong governance and innovation—supporting enterprise growth, financial inclusion, and market development across Africa.

Our Vision

To promote financial empowerment by delivering strategic capital markets investment solutions that are ethical, research-driven, and accessible—becoming the leading African investment house that bridges local opportunity and global capital.

Our Core Values

01

Integrity

Upholding the highest ethical standards in all our dealings, ensuring investor protection and market integrity at every step.

02

Transparency

Operating with full openness and clarity, providing clients with the information they need to make informed investment decisions.

03

Professional Diligence

Maintaining rigorous standards of research, analysis, and execution to deliver superior outcomes for our clients.

04

Innovation

Leveraging cutting-edge technology and analytical tools, including AI, to enhance investment insights and market access.

05

Client Partnership

Building long-term relationships based on trust, understanding client needs, and delivering responsive, personalized service.

06

Market Development

Contributing to the growth and sophistication of Malawi's capital markets through education, innovation, and responsible participation.

Integrated Capital Markets Solutions

We are well-positioned to capture growth in regional flows and pan-African expansion through multiple interlinked business lines.

Equity & Debt Trading

Research-driven equity investing and fixed income solutions tailored to different risk appetites and investment horizons.

Brokerage & Execution

Professional execution services with advanced trading technologies delivering real-time data and efficient order management.

Research & Intelligence

Macroeconomic analysis, sectoral research, and AI-powered insights to generate actionable investment recommendations.