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HomeDaily NewsWednesday, December 17, 2025Safaricom Lists Green Bond and Backs Drivers; Kenya Airways Appoints New CEO - December 2025
Business & Economy3 stories from 1 sources

Safaricom Lists Green Bond and Backs Drivers; Kenya Airways Appoints New CEO - December 2025

Safaricom has increased its support for Kenyan drivers and boda boda riders through a mobility workforce festival in Nairobi, aiming to boost their earnings, safety, and financial security. In another development, the company's first-ever green bond issuance was formally listed on the Nairobi Securities Exchange (NSE). The bond attracted applications totaling Sh41.4 billion, which was an oversubscription of 175 percent, and was overwhelmingly led by individual investors. Separately, Kenya Airways (KQ) has appointed Captain George Kamal as its Acting Group Managing Director and Chief Executive Officer. Captain Kamal's appointment follows the conclusion of Allan Kilavuka's tenure.

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CCapital BusinessFirst

News Coverage

Wednesday 1:02 PMCapital Business

Safaricom backs drivers, riders with earnings, safety push

Safaricom backs drivers, riders with earnings, safety push

Safaricom has increased its support for Kenyan drivers and boda boda riders through a mobility workforce festival in Nairobi, aiming to boost their earnings, safety, and financial security.

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Key Highlights

Safaricom has increased its support for Kenyan drivers and boda boda riders through a mobility workforce festival in Nairobi, aiming to boost their earnings, safety, and financial security.

  • Over 200 drivers and riders participated in the event, which was part of Safaricom's Shangwe @25 celebrations.
  • Key organizations involved included NTSA, DTB Bank, Turaco, Centonomy, and Vivo Energy Kenya.
  • The festival offered free health check-ups, vehicle diagnostics, financial advisory services, and training sessions, along with tailored offerings like Bundle Ya Deree and Ofa Ya Boda for data, insurance, and fuel discounts.
Tuesday 6:51 PMCapital BusinessFirst

George Kamal appointed new KQ boss as Kilavuka exits

George Kamal appointed new KQ boss as Kilavuka exits

Kenya Airways (KQ) has appointed Captain George Kamal as its Acting Group Managing Director (MD) and Chief Executive Officer (CEO), succeeding Allan Kilavuka whose tenure concludes.

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Key Highlights

Kenya Airways (KQ) has appointed Captain George Kamal as its Acting Group Managing Director (MD) and Chief Executive Officer (CEO), succeeding Allan Kilavuka whose tenure concludes.

  • Captain George Kamal assumes the role effective December 16, 2025.
  • Allan Kilavuka is departing after a six-year stint with the national carrier.
  • Kamal brings over 29 years of aviation leadership experience and currently serves as KQ's Chief Operating Officer.
Wednesday 8:42 AMCapital Business

Individual investors dominate Safaricom green bond issue

Individual investors dominate Safaricom green bond issue

Individual investors overwhelmingly led Safaricom's first-ever green bond issuance, which was formally listed on the Nairobi Securities Exchange (NSE). The bond attracted applications totaling Sh41.4 billion, significantly oversubscribed by 175 percent.

Read Story

Key Highlights

Individual investors overwhelmingly led Safaricom's first-ever green bond issuance, which was formally listed on the Nairobi Securities Exchange (NSE). The bond attracted applications totaling Sh41.4 billion, significantly oversubscribed by 175 percent.

  • Safaricom will take up Sh20 billion in the initial tranche, marking the largest green bond issuance in Kenya to date.
  • A total of 2,453 retail investors participated, with 59 percent of applications and payments largely processed through USSD and M-PESA.
  • The proceeds will fund energy-efficient projects, including 5G network rollout and solarization of network sites, reflecting Chief Finance Officer Dilip Pal's confidence in Safaricom's long-term strategy.
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