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Hace 6 horas · The International Finance Corporation (IFC) is set to lend Safaricom Ethiopia an additional Sh46 billion ($350 million) to support its expansion of telephony and mobile money services. In its latest disclosures, the global private sector financier has revealed plans to top up the debt ($157.4 million) and equity investment ($100 million for a 7 ...
Hace 6 horas · DescriptionIFC — a member of the World Bank Group — is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2023, IFC committed a record US$43.7 billion to private companies and financial institution
Hace 6 horas · If approved, this will bring IFC and its partners' total financing to Safaricom Ethiopia --which is majority owned by Kenya's Safaricom Plc-- to Ksh80 billion ($607.4 million). “IFC’s further proposed loan of up to $350 million will support STEP (Safaricom Telecommunications Ethiopia Private Limited Company) with the ongoing expansion of ...
Hace 2 horas · Intelsat operator of one of the worlds largest integrated satellite and terrestrial networks and leading provider of inflight connectivity IFC will deliver years of additional reliable broadband ...
Hace 6 horas · Following the deal, IFC has fully divested from ABBank. Maybank, Malaysia’s largest bank, is the biggest foreign shareholder in ABBank, with a 16.4 per cent stake. As a strategic shareholder, over the past 14 years of partnership, IFC has provided efficient support to ABBank in terms of capital sources, medium- and long-term loan products, and trade finance.
Hace 6 horas · The Securities and Exchange Regulator of Cambodia (SERC) partnered with the International Finance Corporation (IFC), a member of the World Bank Group, to bolster the development of Cambodia’s derivatives market. ...
Hace 6 horas · Breakfast @ Tuoi Tre News — May 24. A blaze erupts at a five-storey boarding house in Hanoi on May 24, 2024, killing 14 people. Photo: Minh Thanh / Tuoi Tre. Check out the latest news in Vietnam today: Politics. -- Leaders of Russia, Brunei, the United Arab Emirates, Palestine, Sri Lanka and Mongolia have sent congratulatory messages and ...
