The Online Kenyan Logo

The Online Kenyan

HomeTop StoriesLive TVVideosPoliticsBusinessSportsTechEntertainment
HomeTop StoriesLive TVVideos
PoliticsBusinessSportsTechEntertainment

Footer

The Online Kenyan Logo

The Online Kenyan

News & Breaking Headlines

news@theonlinekenyan.com
+254 758 277 017

Follow Us

Explore

DailiesWeekliesTopicsVideosHow to file 2024 KRA Returns

Legal

  • Privacy Policy
  • Terms of Use
  • AI Content Policy

© 2026 The OK Company. All rights reserved.

Made within Kenya
HomeDaily NewsWednesday, December 10, 2025Safaricom Raises Sh20bn from Green Bond Amid Corporate Sustainability Initiatives - December 2025
Business & Economy4 stories from 1 sources

Safaricom Raises Sh20bn from Green Bond Amid Corporate Sustainability Initiatives - December 2025

Safaricom's debut green bond was significantly oversubscribed, attracting Sh41.4 billion against a target of Sh15 billion. The telecommunications firm will take up Sh20 billion, which is the maximum allowed in this first tranche, after exercising a Sh5 billion greenshoe option. Green bonds are an investment tool for financing environmentally friendly projects, such as renewable energy and clean transport. In other sustainability efforts, Ibis Styles Nairobi Westlands has launched The Green Room, a fully solar-powered events space to reduce the hotel's carbon footprint. Additionally, Ampersand Energy has launched Africa's first open battery-swap network for third-party electric motorcycle manufacturers in a bid to accelerate electric transportation.

Listen to this coverage3 min

Read aloud by your device

CCapital BusinessFirst

News Coverage

Wednesday 12:56 PMCapital Business

ibis Styles introduces solar-powered green room

ibis Styles introduces solar-powered green room

Ibis Styles Nairobi Westlands has launched The Green Room, a fully solar-powered events space, marking a significant step towards sustainable hospitality. This initiative aims to reduce the hotel's carbon footprint and align with global sustainability standards.

Read Story

Key Highlights

Ibis Styles Nairobi Westlands has launched The Green Room, a fully solar-powered events space, marking a significant step towards sustainable hospitality. This initiative aims to reduce the hotel's carbon footprint and align with global sustainability standards.

  • The Green Room now operates 100 percent on solar energy.
  • The project is led by Thomas Simonnet, General Manager at ibis Styles Nairobi Westlands.
  • The hotel also introduced The Roof and revamped Kilele Nyama as part of its broader sustainability and modernization efforts.
Tuesday 10:35 PMCapital BusinessFirst

Safaricom green bond draws Sh41.4bn, firm to take up Sh20bn

Safaricom green bond draws Sh41.4bn, firm to take up Sh20bn

Safaricom's debut green bond, aiming to raise funds for sustainability initiatives, was significantly oversubscribed, attracting Sh41.4 billion against a target of Sh15 billion. The telecommunications firm will take up Sh20 billion, the maximum allowed in this first tranche, after exercising a Sh5 billion greenshoe option.

Read Story
Wednesday 9:47 AMCapital Business

Ampersand Opens Battery-Swap Network to Global E-Motorbike Makers in Sector First

Ampersand Opens Battery-Swap Network to Global E-Motorbike Makers in Sector First

Ampersand Energy has launched Africa's first open battery-swap network for third-party electric motorcycle manufacturers, partnering with Wylex Mobility to rapidly accelerate electric transportation in East Africa.

Read Story

Key Highlights

Ampersand Energy has launched Africa's first open battery-swap network for third-party electric motorcycle manufacturers, partnering with Wylex Mobility to rapidly accelerate electric transportation in East Africa.

  • Ampersand currently performs over 20,000 battery swaps daily and has powered more than 400 million kilometers of electric motorcycle travel in the region.
  • Josh Whale, CEO of Ampersand, stated this is a "landmark moment" for Africa's electric transport sector.
  • The Wylex electric motorcycle, designed for heavy-duty commercial use, features an 8,000W motor and a 200-kilogram load capacity, complementing Ampersand's Alpha fleet.
Wednesday 10:10 AMCapital Business

EXPLAINER:Understanding Green Bonds: An Investor’s Guide

EXPLAINER:Understanding Green Bonds: An Investor’s Guide

Green bonds are emerging as a popular investment tool for financing environmentally friendly projects, with Safaricom's recent debut bond attracting significant investor interest. These bonds allow investors to support initiatives such as renewable energy and clean transport while earning financial returns.

Read Story

Key Highlights

Green bonds are emerging as a popular investment tool for financing environmentally friendly projects, with Safaricom's recent debut bond attracting significant investor interest. These bonds allow investors to support initiatives such as renewable energy and clean transport while earning financial returns.

  • Safaricom's green bond saw an oversubscription of 175 percent, attracting Sh41.4 billion against a target of Sh15 billion.
  • These bonds function like traditional bonds, offering regular interest payments and principal repayment, but funds are exclusively dedicated to green projects like solar energy, electric buses, and sustainable agriculture.
  • The Safaricom green bond, maturing in five years, will be listed on the Nairobi Securities Exchange on December 16, enhancing transparency and investor confidence.
Advertisement

More from Wednesday, December 10, 2025

Affordable Housing Projects in Mukuru Discussed Amidst Fire Displacement - December 2025
Video News3 stories

Affordable Housing Projects in Mukuru Discussed Amidst Fire Displacement - December 2025

N
NTV Kenya (Youtube)
Banks and Tech Firms Launch New Service and Training Initiatives in Kenya - December 2025
Technology & Innovation3 stories

Banks and Tech Firms Launch New Service and Training Initiatives in Kenya - December 2025

T
T
Tech Arena, Techish Kenya
Concerns Raised Over Digital Access, Data Privacy, and Biometric IDs - December 2025
Business & Economy3 stories

Concerns Raised Over Digital Access, Data Privacy, and Biometric IDs - December 2025

C
Capital Business
Advertisement

More Stories

Affordable Housing Projects in Mukuru Discussed Amidst Fire Displacement - December 2025
Video News3 stories

Affordable Housing Projects in Mukuru Discussed Amidst Fire Displacement - December 2025

N
NTV Kenya (Youtube)
Banks and Tech Firms Launch New Service and Training Initiatives in Kenya - December 2025
Technology & Innovation3 stories

Banks and Tech Firms Launch New Service and Training Initiatives in Kenya - December 2025

T
T
Tech Arena, Techish Kenya
Concerns Raised Over Digital Access, Data Privacy, and Biometric IDs - December 2025
Business & Economy3 stories

Concerns Raised Over Digital Access, Data Privacy, and Biometric IDs - December 2025

C
Capital Business
Advertisement

Key Highlights

Safaricom's debut green bond, aiming to raise funds for sustainability initiatives, was significantly oversubscribed, attracting Sh41.4 billion against a target of Sh15 billion. The telecommunications firm will take up Sh20 billion, the maximum allowed in this first tranche, after exercising a Sh5 billion greenshoe option.

  • The bond achieved a 175 percent oversubscription, with Sh21.4 billion to be refunded to investors.
  • Safaricom CEO Peter Ndegwa stated the strong response signals confidence in the company's balance sheet, vision, and strategy.
  • The green bond, priced at a tax-exempt 10.4 percent and maturing in five years, will be listed on the Nairobi Securities Exchange on December 16.