Airtel Africa is set to receive $100 million from the International Finance Corporation (IFC) to support capital expenditures towards network infrastructure expansion in Kenya and Rwanda. The IFC loan is an add-on to a previous facility of $200 million to the multinational in April last year. Disclosures show that Airtel Kenya will receive $70 million…...
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IFC loans Airtel Africa $100 million for expansion in Kenya, Rwanda
Airtel Africa operates in 14 markets across sub-Saharan Africa. © DR
Muthoga Mungania
Muthoga Mungania is an award-winning, Nairobi-based multimedia journalist covering economic, corporate, financial, tech and investor relations matters among other business stories. Muthoga is seasoned in data and market analysis, corporate finance, and economic trends, making them a trusted voice in East African business journalism, communications and consultancy.
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