Newly-built Terminal 1A at Jomo Kenyatta International Airport. Kenya has invited bids for a bond to fund expansion of the airport. PHOTO | JEFF ANGOTE |
Kenya has invited bids for a 12-year infrastructure bond worth $224 million in a tap sale to, among other things, fund expansion of the Jomo Kenyatta International Airport at a cost of $72.3 million.
“The bids will be received up to November 20, or until the amount is allocated to bids once they are submitted, or whichever comes first,” Kenya’s Central Bank said in a statement.
