By YOANA KIMWELE
Safaricom has officially launched the first tranche of its Fixed Rate Green Notes under the company’s Domestic Medium Term Note (MTN) Programme valued at up to KES 40 billion. The inaugural issuance aims to raise KES 15 billion, with an additional KES 5 billion greenshoe option available, marking a significant milestone in the company’s sustainable finance journey.
The Green Notes will attract a fixed interest rate of 10.40% per annum and carry a five-year tenor, offering investors a competitive return while supporting environmentally responsible initiatives. According to Safaricom, all proceeds from this issuance will be directed exclusively toward financing and refinancing Eligible Green Projects as outlined in the firm’s Sustainable Finance Framework.
The telecommunications giant emphasized that the initiative underscores its commitment to environmental stewardship and transition to a low-carbon future. The funding will support projects such as renewable energy, energy efficiency, green buildings, and other environmentally aligned investments.
The offer opens on 25th November 2025 and will run until 5th December 2025, providing institutional and retail investors an opportunity to participate in a landmark sustainability-driven investment. Allotments are scheduled for 8th December, giving investors clarity and prompt confirmations.
Safaricom further announced that the Green Notes will be listed on the Nairobi Securities Exchange (NSE) on 16th December 2025, enhancing transparency, liquidity, and accessibility. The company has invited investors across the country to take part in what it describes as a transformative step toward sustainable finance and responsible corporate investment.
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