Standard Bank has granted Helios Towers a 479 million rand, or $29 million, social documentary credit facility to finance the importation of telecommunications equipment and support the group’s working capital needs. The bank specifies that this is its first structured documentary credit facility as part of a financing in line with the Social Loan Principles…...
Trending
- Senegal: Doune Pathé Mbengue appointed Managing Director of the Autonomous Port of Dakar, Waly Diouf Bodiang dismissed
- Senegal: Doune Pathé Mbengue appointed General Manager of the Autonomous Port of Dakar, Waly Diouf Bodiang dismissed
- CIMA Markets: Saliou Bakayoko advocates for trust insurance, driven by quick compensation
- Tunisia: Foreign exchange reserves decline to around 8 billion dollars
- South Africa: De Beers suspends extraction at Venetia mine for two years
- World Bank grants an additional $140 million for agricultural roads in Senegal
- Ghana: Supreme Court suspends GN Savings’ reinstatement, central bank gains time
- Monale Ratsoma appointed Vice President of the BRICS Bank
Standard Bank grants Helios Towers a $29 million social documentary credit facility
Amadjiguéne Ndoye
Economic journalist with a Master’s degree in Communication and Journalism from the Higher Institute of Information and Communication Sciences in Dakar (ISSIC). Avid reader and music enthusiast. Feminist at heart and passionate about fashion.
Add A Comment
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com