Lessons for Kenya in Tanzania's green water bond success

A water supply point in Southlands Kijiji in Lang'ata on August 25, 2021. 

Photo credit: File | Nation Media Group

The recently oversubscribed water infrastructure green bond by the Tanga Urban Water Supply and Sanitation Authority (Tanga UWASA) highlights the huge capital market potential for major projects.

Launched on February 22, 2024, and listed on the Dar es Salaam Stock Exchange (DSE) on May 15, 2024, the TZS 53.12 billion (Sh2.575 billion) issue attracted impressive response from investors, both domestic and foreign.

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