Browsing: Standard Chartered

Tower operator Eaton Towers has raised US$350m (about R4,4bn) in new equity funding from existing and new shareholders to fund expansion and acquisitions across Africa, it said on Friday. At the same time, the company has signed

The Kenyan government may have to inject Ksh6bn (R700m) into troubled fixed-line operator Telkom Kenya, according to Kenyan media reports. France’s Orange owns 51% of the company. Telkom Kenya has requested a total of Ksh13,9bn (R1,6bn) from government and Orange, saying it needs the cash to pre-empt a deepening

Kenyan operator Airtel, Standard Chartered Bank and MasterCard have developed a solution that will allow people in the East African nation to make online purchases with their cellphones, obviating the need for a credit or debit card. The service, called PayOnline, will