The Week in Markets
- The Central Bank of Kenya announced the reopening of two infrastructure bonds with a fundraising target of KSh 90 billion.
These tax-exempt bonds, aimed at financing specific infrastructure projects, have a bid deadline of August 13 and settlement date on August 18.
- Meanwhile, Treasury Bills were oversubscribed at 166.74%, with the government raising KSh 25.5 billion against an offer of KSh 24 billion.
The 91-day paper remained the most attractive, recording a subscription rate of 265.9%.
- Shri Krishana Overseas Ltd (SKL) was officially listed on the Nairobi Securities Exchange via introduction.
The company floated 50.5 million shares at KSh 5.90, valuing the listing at KSh 298 million, with 8.7 million shares made available to public investors.
- Linzi Finco LLP, a subsidiary of Liaison Group, successfully listed the Linzi 003 Infrastructure Asset-Backed Security on the Nairobi Securities Exchange.
Valued at KES 44.9 billion, this marks one of the region’s most significant securitization transactions to date.
Corporate Updates
- Safaricom has crossed the 50 million customer mark in Kenya, attributing its growth to continued investment in connectivity, innovation, and community engagement.
- NCBA Group announced a partnership with MoneyGram, expanding cross-border remittance capabilities to over 200 countries and territories for NCBA customers in Kenya.
- Absa Group renewed its long-standing partnership with Visa to advance secure and inclusive digital financial systems across its Regional Operations outside South Africa.
NCBA also reinforced its green financing goals, pledging to:
- Plant 10 million trees by 2030
- Invest KSh 30 billion in green projects
- Allocate KSh 100 million annually to community initiatives
Events
- Diaspora Investment Webinar: Held in partnership with NCBA, this virtual session emphasized the importance of early investment, building wealth back home through formal channels, and planning for future local expenses, not just current foreign income.
Banking Without Borders: Managing Money, Projects & Investments While Abroad Webinar Recording:
Passcode: Diaspora@25
- Abojani SME Networking Event – “10X is Easier than 2X”: In collaboration with I&M Bank and E&M Technology, this in-person event featured top industry speakers including Eva Muraya, Franklin Masinde, and Eunice Kinyanjui, offering tangible strategies on branding, sales, and SME growth.
Coming Up
Dividend Payments and Book Closures scheduled for the coming week:
- TPS Eastern Africa – KSh 0.35 on 30 July 2025
- Total Energies Marketing Kenya – KSh 1.92 on 31 July 2025
- Umeme Ltd – UShs 222.00 on 31 July 2025
- Williamson Tea, Kapchorua Tea, and Safaricom’s book closures on 31 July 2025
The 5th Annual Abojani Economic Empowerment Conference
It will be held on Saturday, 22nd November 2025 at Radisson Blu, Upper Hill, Nairobi. Themed “Ownership Economy & Self-Sustenance”, the conference aims to be the largest of its kind in the region.
August Personal Finance Masterclass
Abojani’s 70th masterclass is around the corner! For KSh 6,000, attendees will receive:
- Three expert-led sessions in finance
- Three free eBooks on personal finance
- Access to the 2025 #IMilliChallenge
CEO & Co-Founder, Abojani Investment
Robert Ochieng is a visionary entrepreneur and the co-founder of Abojani Investment, a leading financial education platform in Kenya that has empowered over 20,000 Africans to embark on their investment journeys. As CEO, he has demonstrated an unwavering commitment to financial literacy, successfully demystifying money and investments and making them accessible and relevant to individuals from all walks of life.
Running Thriving Investment Communities
Robert’s influence extends well beyond Abojani Investment’s core offerings. He has actively fostered a sense of community by running investment forums and groups with a vast following of over 300,000 Africans. These communities provide a safe space for individuals to exchange ideas, share experiences, and support each other on their investment journeys.
Vision for the Future
As co-founder of Abojani Investment, Robert envisions a financially empowered Africa. He strives to expand the reach of his financial education initiatives, enabling millions more to gain the knowledge and confidence needed to achieve their financial goals. His vision is to create a society where every individual has the tools and understanding to build lasting wealth and prosperity.
Professional Background
Robert Ochieng is a highly accomplished CEO at the helm of Abojani Investment, an investment and advisory firm in Kenya. He is a seasoned professional with over 14 years of experience in IT, Finance, and leadership.
His career includes key roles at prominent institutions such as Equity Bank, Gulf African Bank, Guaranty Trust Bank (GTBank) and Airtel.
Robert’s expertise has also been sought after by the National Treasury for consultancy on planning and budgeting systems, showcasing his exceptional knowledge and skills in the field. Passionate about driving meaningful conversations and collaborations between academia, industry, and the public sector, Robert actively engages in research projects focusing on digital transformation within the financial services sector. With his visionary leadership and strategic insights, Robert Ochieng continues to make a significant impact in the business world.
