Kenya has signed a Sh14.2billion ($109,422,740) five-year deal with Germany’s Giesecke+Devrient Currency Technologies GmbH (G+D) to print new notes to replace old ones and also avoid possible stock-outs, the Central Bank of Kenya (CBK) has revealed.
CBK Governor Kamau Thugge told the National Assembly’s Finance and National Planning Committee that G+D replaces Britain’s De La Rue.
