M-Akiba goes live, nets Sh1 million within first hour

Kenya has finally launched a government bond to be traded exclusively on a mobile handset, another first in financial technology that broadens opportunities for small investors.

M-Akiba went live Thursday morning with a subscription of over Sh1 million within the first hour, signifying a high appetite for the risk free investment.

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Note: The results are not exact but very close to the actual.