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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CKU line to cost Kyrgyzstan 8 billion dollars
Kyrgyzstan will need to spend 8 billion dollars on the China-Kyrgyzstan-Uzbekistan (CKU) rail line. Funding is the main obstacle to the construction of the route. Kyrgyzstan has not yet been able to find enough money to complete its part of the route. Akylbek Zhaparov, the head of the Kyrgyz cabinet of ministers, provided an update…
