Kenya’s First Green Bond Listed on NSE Attracts Ksh8 Billion in Retail Investment

Kenya’s inaugural sovereign green bond—the Ksh25 billion issue—has attracted Ksh8 billion in retail investment since its listing on the Nairobi Securities Exchange in June 2024. Individual investors can buy from Ksh10,000 via mobile apps, with a 12.5% coupon and 7-year maturity. The bond funds climate-resilient projects like Nairobi River rehabilitation and Lake Turkana hybrid systems. The NSE reports strong uptake from SACCOs, pensioners, and youth investors. Market makers like SBG Securities ensure liquidity. The listing positions Nairobi as East Africa’s green finance hub and deepens capital markets participation among ordinary Kenyans.