KCB eyes Sh300bn sustainability bond to finance green, social projects

The funds will support projects in renewable energy, green buildings, affordable housing, clean transportation, sustainable agriculture, water management and other eligible initiatives...

✨ Key Highlights

KCB Group is set to raise up to Sh300 billion over five years through a Medium Term Note Programme to finance green, blue, and social projects.

The initial tranche of the programme will be up to Sh100 billion.
Key figure involved is KCB Group Chief Executive Officer Paul Russo.
The framework will support a wide range of initiatives including renewable energy, affordable housing, and blue economy activities, aligning with international sustainable finance standards.

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