M-Akiba News

Lamin Manjang, Chairman of the Kenya Bankers Association (KBA)

Kenya sets sights on green bonds after mobile phone issue

Kenya aims to issue its first ‘green’ bond this year, the initiative’s backers said on Friday, bolstering the nation’s reputation for financial innovation after the government launched the world’s first mobile phone bond earlier this month.

Kenya to offer mobile-only bond to investors

Kenya to offer mobile-only bond to investors

Kenya will start selling a mobile-phone based government bond this week, the Treasury said on Tuesday, the culmination of a lengthy plan to tap a new pool of investors into government securities.

Kenyans to trade government bonds from their mobile phones

Kenyans to trade government bonds from their mobile phones

Kenyans will soon be able to buy fixed-income government bonds from their mobile phones, a move that will deepen access to financial services in east Africa’s biggest economy while also giving Treasury a cheaper source of funding.