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.