Help at hand for Kenya's bond market

The Central Bank of Kenya is working with International Finance Corporation (IFC), a member of the World Bank Group, and other stakeholders to help the development of the country's bond market and increase long-term financing options for projects in sectors including housing and infrastructure.

Jackson Kitili, a director at the central bank, said: "Kenya's bond market lacks liquidity. There is a need to develop the market and encourage transactions that will move capital to infrastructure and

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