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Originally published by Capital Business
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business
July 23, 2025
2mo ago

Ruto rings bell for Linzi FinCo’s Sh44.7bn infrastructure bond at NSE

Ruto rings bell for Linzi FinCo’s Sh44.7bn infrastructure bond at NSE

NAIROBI, Kenya, July 23 — LINZI FinCo Trust has issued a Sh44.7 billion Infrastructure Asset-Backed Security (IABS) on the Nairobi Securities Exchange Kenya breaking news | Kenya news today |..

✨ Key Highlights

LINZI FinCo Trust has launched a Sh44.7 billion Infrastructure Asset-Backed Security (IABS) on the Nairobi Securities Exchange to fund the construction of Talanta Sports City ahead of the 2027 Africa Cup of Nations.

  • Sh44.7 billion raised through the first-ever infrastructure bond in Kenya
  • Key figure: President William Ruto, who emphasized the significance of this transaction for national development
  • The sports complex will feature a 60,000-seater stadium and support local talent

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Infrastructure and Employment Initiatives

The government advertises 4,000 intern posts under the Affordable Housing Program. Ruto launches Linzi FinCo's Sh44.7 billion infrastructure bond at NSE.

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