Standard Bank Group and the Industrial and Commercial Bank of China (IBC) has set-up a US$108mn debt financing package in partnership with Triumph Kenya to create a 83MW heavy fuel oil plant in the country
Commerce
IBM head promises further support to Nigerian ICT sector
IBM has announced it will continue to support innovation centres and fund major ICT research projects in Nigeria as part of its efforts to back the West African countrys bid to become a major ICT hub
Econet Wireless Zimbabwe launches Steward Bank
Econet Wireless Zimbabwe has a launched a new bank following its acquisition of TN Bank in January 2013, according to TN Bank CEO Kwanele Ngwenya
EcoCash undergoes major expansion in Zimbabwe
Econet Wireless has announced the multi-million dollar expansion of its mobile money service, EcoCash
TimesofMoney looks to enter Tanzanian digital payment market
TimesofMoney, the India-based digital payment system, is set to launch its online remittance and money transfer solution in Tanzania