Safaricom, led by Peter Ndegwa, launches $115.6 million tax-free green bond

Billionaires Africa | 28.11.2025 01:32
Safaricom, East Africa’s largest telecom operator, led by Kenyan executive Peter Ndegwa, has opened the first Ksh15 billion ($115.6 million) tranche of its Ksh40 billion ($308.4 million) Domestic Medium-Term Note program, with an option to raise another Ksh5 billion ($38.6 million) if demand is strong. The bond is Kenya’s largest green issuance to date.