IFC mulls $200m loan for Airtel Africa upgrade plan

Posted on by Guest authors

The International Finance Corporation (IFC) announced it is in discussion to loan Airtel Africa US$200 million, to fill the operator’s coffers to fund network expansion in the Democratic Republic of Congo (DRC), Rwanda and Kenya. 

Related Posts

FCC chair calls EU satellite strategy ‘anti-American’

FCC Chairman Brendan Carr has urged EU nations to reevaluate their satellite strategy amid concerns about relying on Starlink for services. Speaking to the Financial Times, Carr emphasised the importance of unity and cautioned allies to “focus on the r…

Orange MEA eyes majority stake in Ethio Telecom

Orange Middle East and Africa CEO Jerome Henique (pictured) has left the door open for an eventual entry into the Ethiopian market, despite recently dropping negotiations with the government to acquire a stake in state-incumbent Ethio Telecom last year…

Leave a Reply

Your email address will not be published. Required fields are marked *