Laikipia set to float first Sh5bn county bond

Laikipia Governor Ndiritu Muriithi on September 6, 2018. FILE PHOTO | NMG

Laikipia County is on course to making history with the proposed sale of a Sh5 billion infrastructure bond to bridge a financing deficit.

If successful, the bond which is to be sold through the National Treasury, will make Laikipia the first devolved unit to raise money from the capital markets.

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