Search
Sign in
North Africa
Central Africa
East Africa
West Africa
Southern Africa

Kenya raises $347m via debut infrastructure sukuk for Talanta Stadium

Nairobi, Kenya © Unsplash

Herald Aloo

Herald Aloo, a journalist based in Nairobi, covers Kenya's economy, focusing on banking, and energy.
  • Linzi FinCo 003 Trust issues Shariah-compliant bond to fund AFCON facility
  • Strong AA rating, 15.04% IRR draws in affluent investors at NSE

NAIROBI, KENYA – Kenya has raised Ksh44.875 billion ($347.3 million) from its first-ever infrastructure asset-backed sukuk, targeting high-net-worth investors at the Nairobi Securities Exchange (NSE).

Stay ahead with Real time Updates

Recent Business

South Africa President Cyril Ramaphosa hosts the G20 Summit. Photo: G20 Summit Flickr
Africa’s new mineral deal: will G20 South Africa rewrite the rules?
21/11/2025
1 day ago
Kent Mensah
Read More »
South Africa's manufacturing sector takes a dip. Photo by Sam Moghadam @ Unsplash
South Africa cuts interest rates as inflation eases and rand strengthens
21/11/2025
1 day ago
Vitalio Angula
Read More »
Mr. Denys Denya, Senior Executive Vice President at Afreximbank @ Afreximbank
Afreximbank posts strong nine-month earnings as assets rise to $42.9bn
21/11/2025
1 day ago
Ahmed Boulor
Read More »
Custom Research

Recent Politics

South Africa President Cyril Ramaphosa. Photo: G20 Summit Flickr
“We’ll not be bullied” - Ramaphosa defies US boycott at G20 Summit
21/11/2025
1 day ago
Kent Mensah
Read More »
Nnamdi Kanu (in trademark white turtle neck shirt) in court | File photo @ The Cable
Nigeria jails separatist leader Nnamdi Kanu for life, deepening tensions
20/11/2025
2 days ago
Vincent Nwanma
Read More »
Fishing near the Indian Ocean. Photo by Egle Sidaraviciute @ Unsplash
Uganda’s Museveni sparks regional tensions with Indian Ocean claim
19/11/2025
3 days ago
Wanderi Kamau
Read More »

Latest Posts

Latest news insights

South Africa President Cyril Ramaphosa hosts the G20 Summit. Photo: G20 Summit Flickr
Read More »
Africa’s new mineral deal: will G20 South Africa rewrite the rules?
South Africa's manufacturing sector takes a dip. Photo by Sam Moghadam @ Unsplash
Read More »
South Africa cuts interest rates as inflation eases and rand strengthens
Mr. Denys Denya, Senior Executive Vice President at Afreximbank @ Afreximbank
Read More »
Afreximbank posts strong nine-month earnings as assets rise to $42.9bn
Cobalt. Photo by Paul-Alain Hunt @ Unsplash
Read More »
Can the DRC sustain global cobalt demand without deep structural reform?
South Africa's manufacturing sector takes a dip. Photo by Sam Moghadam @ Unsplash
Read More »
South Africa cuts interest rates as inflation eases and rand strengthens
Mr. Denys Denya, Senior Executive Vice President at Afreximbank @ Afreximbank
Read More »
Afreximbank posts strong nine-month earnings as assets rise to $42.9bn
Cobalt. Photo by Paul-Alain Hunt @ Unsplash
Read More »
Can the DRC sustain global cobalt demand without deep structural reform?
South Africa President Cyril Ramaphosa. Photo: G20 Summit Flickr
Read More »
“We’ll not be bullied” - Ramaphosa defies US boycott at G20 Summit
Mr. Denys Denya, Senior Executive Vice President at Afreximbank @ Afreximbank
Read More »
Afreximbank posts strong nine-month earnings as assets rise to $42.9bn
Cobalt. Photo by Paul-Alain Hunt @ Unsplash
Read More »
Can the DRC sustain global cobalt demand without deep structural reform?
South Africa President Cyril Ramaphosa. Photo: G20 Summit Flickr
Read More »
“We’ll not be bullied” - Ramaphosa defies US boycott at G20 Summit
Dakar, Senegal © Unsplash
Read More »
Senegal’s revenue surge signals rare fiscal strength amid oil, telecom boom