International Finance Corporation (IFC) has announced a $257.4 million (Ksh35.86 billion) debt and equity injection in Safaricom Ethiopia to support building communications network.
IFC on Friday made the disclosure, stating that $157.4 million (Ksh21.93 billion) has been injected as an equity investment while the remaining $100 million (Ksh13.93 billion) is a loan.
