Sharp Daily
No Result
View All Result
Friday, July 25, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home Investments

Water Service Providers Explore NSE Bonds to Bridge Funding Gap

Duncan Muema by Duncan Muema
July 6, 2023
in Investments
Reading Time: 2 mins read
Courtesy of pumps-africa.com

Courtesy of pumps-africa.com

Water Service Providers (WSPs) in Kenya are actively seeking innovative solutions to address the country’s significant water funding gap, which stands at a staggering Kshs 652 billion. The government is considering greenlighting WPS’s proposal to tap into the Nairobi Securities Exchange (NSE) by issuing bonds to raise the necessary funds. This initiative marks a significant step towards securing sustainable financing for critical water infrastructure projects in Kenya.

Read more: Kenya’s Senate and Council of Governors Call for a Devolution Bond

Kenya’s water sector has been grappling with significant challenges, including inadequate infrastructure, inefficient service delivery, and limited financial resources. These issues have hindered the sector’s ability to meet the growing water demands of a rapidly expanding population. The Water, Sanitation, and Irrigation Ministry is working to implement its National Waster Sector Investment Plan (NAWASIP), which aims to address these challenges by 2030. The Ministry indicated that several funding models, including commercial financing, would be required to implement NAWASIP.

Read more: The National Treasury Plans to Buy Back the 10-Year Eurobond Issued in 2014

RELATEDPOSTS

No Content Available

The potential benefits of bond issuance in the water sector are manifold. Firstly, it enables the government to access long-term capital at competitive interest rates, which can significantly reduce the burden on public finances. Secondly, bond financing allows for the mobilization of substantial funds, enabling the implementation of large-scale infrastructure projects necessary for enhancing water supply, distribution networks, and treatment facilities. Moreover, bonds provide an avenue for private investors, including institutional investors, to contribute to the development of the water sector while generating attractive returns.

Read more: Kenya Offers 100 Dams to Private Investors in Water Security Initiative

As Kenya strives to address the funding gap in its water sector, the sector needs to address key challenges in accounting for water usage and billing within the country. WSPs also need to clearly define the debt, the terms of the bonds, and the regulatory framework to be used. Nevertheless, the option of bond issuance signifies a progressive step towards sustainable and reliable water infrastructure. By attracting investment through bond offerings, the country can raise the necessary funds to bolster the water sector’s capacity and ensure adequate access to safe water for its citizens.

Read more: USAID Launch Multimillion Investment To Enhance Water, Sanitation Initiatives In Kenya

Email your news TIPS to editor@thesharpdaily.com

Previous Post

South African Engineering Firm Zutari Opens Its East African Office in Nairobi, Kenya

Next Post

KEBS Tightens Car Import Guidelines

Duncan Muema

Duncan Muema

Related Posts

Analysis

Transferring Your Retirement Benefits Between Pension Schemes in Kenya

July 23, 2025
Investments

Invest in stability: introducing the Cytonn USD money market fund

July 18, 2025
Analysis

Park your money where it grows: Why more Kenyans are turning to Cytonn Money Market Fund

July 16, 2025
Analysis

Nvidia becomes the first company globally to hit USD 4.0 trillion market value

July 10, 2025
Analysis

Lessons from the Kuramo-TransCentury fallout

July 3, 2025
Analysis

Kenya’s CIS market: Q1′ 2025 shows a surge, setting the stage for future expansion.

June 26, 2025

LATEST STORIES

Why young professionals should care about pensions

July 23, 2025

How Kenya can reinforce fiscal rules to prevent recurrent budget overruns

July 23, 2025
commercial illustrator

Why Kenyan private equity firms should consider continuation funds as an exit strategy

July 23, 2025

Transferring Your Retirement Benefits Between Pension Schemes in Kenya

July 23, 2025

Invest in stability: introducing the Cytonn USD money market fund

July 18, 2025

The Importance of Asset Diversification on Kenyan Pension Funds

July 18, 2025

Park your money where it grows: Why more Kenyans are turning to Cytonn Money Market Fund

July 16, 2025

Strategies to boost alcohol and tobacco tax revenues

July 16, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024