New pact unlocks billions in pension projects funding

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A stockbroker at the Nairobi Securities Exchange trading floor. FILE PHOTO | NMG

The Capital Markets Authority (CMA) and the Nairobi Securities Exchange (NSE) have inked a pact with pension funds to unlock much-needed long term financing for domestic infrastructure projects.

The pact with the Kenya Pension Funds Investment Consortium (KEPFIC) is meant to support their efforts to get into infrastructure funding, which has long been mooted but not actualised.

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