Standard Bank, Africa’s biggest bank by assets, says it has partnered with Safaricom, Kenya’s largest telecommunications provider, to provide funding of US$138 million as part of investment towards operator Safaricom Ethiopia.
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Germany’s railways may face a lack of financing security. Rail association Allianz pro-Schiene reports that the financing for railways is secure for a duration of only a single year. In comparison, Austria and Switzerland have guaranteed longer-term financial security of six and twelve years respectively. Germany’s railways need multi-year financing security for construction and expansion […]