A Kenya-based firm that will offer default insurance to debt investors funding infrastructure projects has received Sh4.42 billion backing from various entities, including the UK government, giving it a boost ahead of launch early next year.
Dhamana Guarantee Company Limited, which will be insuring bonds issued by regional companies, has now seen two more entities commit to funding it as it eyes to mobilise $100 million (Sh15.3 billion) in three years.
