Save Money. Make Money. Build Kenya
M-Akiba is a unique opportunity for Kenyans to save money, while at the same time earning very attractive interest rates from the Government.
M-Akiba is a retail infrastructure bond issued by the Government of Kenya seeks to enhance financial inclusion for economic development. It is a product by the government of Kenya though the Central Bank of Kenya (CBK) under the National Treasury in collaboration with Nairobi Securities Exchange (NSE), Central Depository Settlement Corporation (CDSC), Mobile Network Operators, and Kenya Association of Stock Brokers & Investment Banks (KASIB). The money raised from the bond will be used for funding of government infrastructural development projects, both new and on-going. Further, the M-Akiba bond is also aimed at enhancing the savings and investment culture by Kenyans. Kenyan savings is at 11% of GDP while countries like Qatar are at 60%, while Rwanda and Uganda are at 22% each.