17 Aug 2021
PIDG Pulse Episode #6: Kenya Capital Markets
In this episode, we discuss Kenya’s clear commitment to embracing change, we explore key projects PIDG has enabled, including the Acorn Affordable Student Accommodation and Kenya credit enhancement facility, and we highlight the opportunities presented by Kenya’s new strategic partnership with the UK.
30 Jul 2021
Bridging infrastructure gaps in Kenya: how PIDG is forging new partnerships to drive private sector investment in infrastructure
Emilio Cattaneo, Head of Technical Assistance at PIDG, highlights how PIDG is contributing to the new UK-Kenya investment package by supporting the promotion of Public Private Partnerships in key infrastructure sectors.
20 Jan 2020
London Stock Exchange welcomes its first Kenya shilling corporate bond on the ISM, Acorn Holdings, guaranteed by GuarantCo
London Stock Exchange welcomes its first Kenya shilling corporate bond on the ISM, Acorn Holdings, guaranteed by GuarantCo, to finance clean, safe, affordable and green-certified accommodation for 5,000 students in Nairobi - First ever green bond in Kenya - First project bond in Kenya - Rated B1 by Moody’s - higher than the sovereign bond rating
13 Jan 2020
Acorn Holdings, student accommodation developer in Kenya, listed on Nairobi securities exchange
The Nairobi Securities Exchange welcomes its first green bond issue, Acorn Holdings, guaranteed by GuarantCo and with EAIF as its largest investor, that will finance clean, safe, affordable and green-certified accommodation for 5,000 students in Nairobi;
04 Oct 2019
Acorn housing, Nairobi - GuarantCo provides first ever green bond in Kenya and EAIF makes first affordable housing investment
“The UK is mobilising private sector investment to help African nations make the most of their enormous potential. We are leading the way in the listing of green bonds, with over 100 bonds listed on the London Stock Exchange. The growth of the green bond market in East Africa is supporting vital climate resilient infrastructure and helping provide 5,000 students in Kenya with environmentally-friendly, affordable housing" UK Secretary of State for International Development Alok Sharma
08 Jun 2018
TAF and GuarantCo support work to provide cheaper power in Kenya
Adoption of Local Currency Power Purchase Agreements could reduce costs for end users.