7th October

This week’s Mwango Weekly highlights Kenya’s $1.5B dual-tranche Eurobond issuance, which was oversubscribed and supports early repayment of the 2028 bond. We also cover EPRA’s FY 2024/25 report on the energy sector, showcasing growth in electric vehicles, solar generation, and LPG demand. In markets, the NSE posted modest gains amid lower turnover, CBK raised KES 61.4B through reopened bonds, and inflation edged up slightly to 4.6%. Other updates include the privatization framework for KPC, the launch of an NSE banking index, Safaricom’s Spark Accelerator cohort, and a one-year extension of AGOA.