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Kenya paves way for green bonds in 2019 with new rules

Geoffrey Odundo
Geoffrey Odundo Chief Executive Officer Nairobi Securities Exchange [Photo/File].

Kenya set the stage for the country’s first green bond with new rules on Wednesday, part of efforts to diversify its capital markets.

Like other African nations, Kenya needs to raise billions of dollars to invest in infrastructure projects including roads, water and irrigation, railways and power generation.

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