Connect with us

Hi, what are you looking for?

top
MOSES MUOKI. /courtesy

Kenya

Sakaja says County to float green bond to finance projects

NAIROBI, Kenya, Oct 11 – Nairobi Governor Johnson Sakaja says the County is currently considering ways to partner with the Nairobi Securities Exchange (NSE) to finance various infrastructure projects in the city.

Speaking during the launch of the enhanced Nairobi Securities Exchange Market Place on Tuesday, Sakaja said city utilities such as the Nairobi Water and Sewerage Company need to enter into public-private sector partnerships to allow it to implement its projects to expand water provision networks to meet city demands.

“We are thinking of innovative ways of attracting capital to finance our projects in this city,  unless we become creative we will not be able to achieve this but Kenyans are willing to put their money in there,” Sakaja stated.

He promised that his administration will ensure Nairobi is pro-business, with solutions to ease the cost of doing business.

Sakaja stressed that Nairobi needs to continue positioning itself as a business and financial hub in Africa in order to attract investors.

About The Author

Comments
Advertisement

More on Capital News

County News

The committee has accused Sakaja of frustrating a probe into February’s gas explosion in Embakasi's Mradi area that left six dead and scores injured.

NATIONAL NEWS

The directive came during a session where the committee was addressing a petition submitted by residents from 13 estates in Nairobi affected by the...

County News

Sakaja identified the suspects in police custody as Mustafa Abdullahi, Ali Nodi Adan, Kevin Mukuru, Abdi Hassan, Salat Abdi, and Stanley Ojiri.

County News

NAIROBI, Kenya, Dec 29 – Nairobi County has extended the waiver on penalties for land rates, a move aimed at improving compliance and increasing...

Top stories

NAIROBI, Kenya, Nov 29 – Nairobi Governor Johnson Sakaja has suspended top City Inspectorate officials after a spate of incidents against traders. In the...

NATIONAL NEWS

NAIROBI, Kenya, Nov 28 – Senators are mulling halting the Nairobi Regeneration and Urban Renewal Program following after Nairobi Governor Johnson Sakaja failed to...

Kenya

NAIROBI, Kenya Nov 20 – Embakasi East MP Paul Ongili Owino, popularly known as Babu Owino, would secure a decisive victory over Nairobi Governor...

Top stories

…preparing to present several bankable projects in urban sanitation and sewerage systems, waste management, infrastructure, financial inclusion, and climate change adaptation for ADB’s consideration