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Safaricom's debut green bond oversubscribed 175pc, raises Sh20b

Safaricom CEO Peter Ndegwa addresses participants during 2025 sustainable business report launch. [File, Standard]

Safaricom said on Tuesday evening its debut green bond was oversubscribed by 175.7 per cent drawing Sh41.6 billion in investor bids and allowing it to raise Sh20 billion for sustainability projects.

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