Kenya & John Mbadi

Kenya: Kenya is the home country and primary market for the bond programme. The initiative supports Kenya's sustainable development goals and capital market deepening.

John Mbadi: Cabinet Secretary for National Treasury, Mbadi praised the framework as a 'historic milestone', reinforcing government backing for green financing.

Kenya: The government of Kenya is selling a 15% stake in Safaricom Plc to Vodacom Group Ltd. for $2.1 billion, which helps raise much-needed revenue to address climbing debt-service costs and budget gaps. Kenya will retain a 20% stake in Safaricom.

John Mbadi: John Mbadi, Kenya's Cabinet Secretary for the National Treasury and Economic Planning, stated that the transaction enables Kenya to unlock capital without increasing the nation's debt.

Kenya: Sold 15% stake in Safaricom for about $1.6 billion, with proceeds earmarked for infrastructure investment. Retains 20% stake and certain governance rights.

John Mbadi: Kenya's National Treasury Cabinet Secretary, stated the sale was lawful and proceeds would fund infrastructure.

John Mbadi: John Mbadi, the Treasury Minister of Kenya, acknowledged the fuel price increase was 'unfortunate' and hurting the economy but called the strike 'completely uncalled for'.