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CBK Signs Sh14bn Printing Deal with Giesecke+Devrient Business

CBK Signs Sh14bn Printing Deal with Giesecke+Devrient

  • August 22, 2024
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Kenya’s Central Bank (CBK) signed a Sh14.2 billion ($109.4 million) deal with Giesecke+Devrient from Germany. This five-year deal will replace old notes and prevent shortages. CBK Governor Kamau Thugge told the Finance and National Planning Committee that the German firm replaces De La Rue. He said the selection was confidential due to risks of shortages […]