‘CEC’s $200m green bond oversubscription a vote of confidence in Zambia’s economy’
Published On January 5, 2024 » 558 Views» By Times Reporter » Business, Stories
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By KETRA KALUNGA –
SOME experts have said that the oversubscription of the $200 million Copperbelt Energy Company (CEC) green bond by over 178 per cent is a vote of confidence in the Zambian economy.
They say that the project will help attract both local and foreign investments in the country’s renewable energy development.
Financial expert Naylor Kopakopa said the oversubscription of the green bond was a sign that investors were willing to invest in Zambia’s green bond market.
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