The Kenyan government is using the proceeds from the sale of a Safaricom stake to fund various infrastructure projects.
2 reports, 1 independent
Updated Jul 3
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What happened
The Kenyan government is using the proceeds from the sale of a Safaricom stake to fund various infrastructure projects.
Who's involved
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The entities involved
Related events
- The Safaricom transaction was nullified by the High Court, leading to a government-approved merger and the Treasury buying out a competitor's stake.
- The Public Service Superannuation Fund is operating within the Kenyan financial system while actively seeking higher returns through investments in equities and government securities.
- Kenya's government promoted bamboo as a key economic driver on September 19, 2026.
- Safaricom continues to operate within the market of Kenya.
- The government of Kenya announced a new market policy via CS.