Like other African nations, Kenya needs to raise billions of dollars to invest in infrastructure projects including roads, water and irrigation, railways and power generation.

“The legal framework is now in place and the rules are now out there,” Geoffrey Odundo, Chief Executive Officer of the Nairobi Securities Exchange, said.

From: https://www.reuters.com/article/us-kenya-bonds-green/kenya-paves-way-for-green-bonds-in-2019-with-new-rules-idUSKCN1Q9135