Standard Bank and Safaricom Telecommunications Announce USD 138 Million Partnership to Expand Network Access
Standard Bank (Trading as Stanbic in Kenya), Africa’s biggest bank by assets, has partnered with Safaricom Telecommunications, Kenya’s largest telecommunications provider, to provide funding of USD138 million (approximately KES 17.94 billion) as part of investment towards Safaricom Telecommunications Ethiopia PLC, STEP. The bank acted as the sole arranger, lender, and facility agent on the term […]