IFC to Invest $160M in Safaricom Ethiopia Project

The International Finance Corporation (IFC) plans to inject up to $ 160 million in equity into telecoms firm Safaricom Ethiopia. The World Bank’s private sector lending said in a disclosure that the funds will support Safaricom Telecommunications Ethiopia private limited company (STE) which targets to build, own and operate a nationwide public telecommunication network in … Continue reading IFC to Invest $160M in Safaricom Ethiopia Project