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eqariu Oct 13, 2014 1:41 PM

Kenya turns to bonds to finance infrastructure and other projects
Kenya is offering infrastructure bonds for the first time in order to cover its spending needs in the expanding transportation networks and electricity infrastructure.

According to the Central Bank of Kenya, the 12-year bonds are worth US$ 168million at a fixed rate of 11%. The sale of the bonds close on October 21st and the money will be used in financing infrastructure such as roads, energy, water and irrigation projects in the country.

Please read more here:

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TerryL Apr 26, 2021 6:07 PM

I am very curious to see the results after all these years. Wonder how Kenya is doing with all the proposed upgrades to their infrastructure. commercial dumpster rental

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Dithe1999 Sep 14, 2021 12:59 PM

Interesting, I hope a lot of things have improved by now.

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