Afri Fund Capital plans to raise Sh777bn debt for Lapsset project

Lapsset headquarters in Lamu West.

Photo credit: FILE | NMG


Nairobi-based investment firm Afri Fund Capital plans to raise $6 billion (Sh777.6 billion) worth of commercial debt in the first of a series of bond sales aimed at financing the infrastructure needs of the Lamu Port South Sudan Ethiopia Transport Corridor (Lapsset).

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