Safaricom PLC has launched its first tranche of Fixed rate Green Notes under the Domestic Medium Term Note Programme (MTN Programme) of up to KES 40 Billion. Thi bold step in climate financing seeks to raise an amount of KES 15 Billion in addition to a KES 5 Billion green shoe option to strengthen the company’s commitment to sustainability.
The green bond comes with a fixed interest rate of 10.40% per annum and a five-year tenor.Proceeds will exclusively finance and/or refinance Eligible Green Projects under Safaricom’s Sustainable Finance Framework, including climate-resilient technologies and environmental friendly initiatives.
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Key Dates for Investors With safaricom PLC
- Offer Opens: 25th November 2025
- Offer Closes: 5th December 2025
- Allotment Date: 8th December 2025
- Listing on NSE: 16th December 2025
Why This Matters for Climate Action
Green bonds play a crucial role in accelerating the transition to low-carbon economies. By directing capital towards renewable energy, green buildings, sustainable transport, and climate-smart infrastructure, they help countries build resilience while supporting long-term climate goals.
