“Kenya’s first green bond starts trading on the bourse” – Reuters – January 13, 2020

On January 13, 2020 Reuters reported that “Kenya’s first green bond was listed for trading on the Nairobi Securities Exchange on Monday, offering investors the chance to put money into an environmentally-friendly fixed income security for the first time in the bourse’s 65 year history.

The bond, worth 4.3 billion shillings ($42.5 million), was issued by Nairobi-based property developer Acorn Holdings last October to build student accommodation.

‘Our capital markets, our investors and indeed our government have started to take climate change seriously,’ said Kiprono Kittony, a member of the board of the Nairobi Securities Exchange (NSE).”

According to the article, the issue raised 4.3 billion shillings in October 2019 and the green bond is to be listed on the London Stock Exchange next week.

You may read the article on the Reuters internet site.