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Safaricom Sh15b bond a boost for turbulent domestic debt market

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

Safaricom’s issuance of the first Sh15 billion tranche of its Sh40 billion domestic medium-note programme (MTN) is a boost to Kenya’s capital markets and a vote of confidence for the future of the country’s technology sector.

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