KPA, coastal counties line up Kenya’s first blue bond

Operations underway at the Kenya Ports Authority (KPA) container terminal in Mombasa.

Photo credit: File | Nation Media Group

Capital market stakeholders, coastal counties and Kenya Ports Authority (KPA) are in a race against time to structure and market the country’s inaugural blue bond before the close of 2026.

A blue bond refers to specialised debt instrument raised by either a corporate or government with the proceeds dedicated to financing of marine, ocean-based and coastal resilience-based projects.

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