Kenya: Telkom to Get Sh4 Billion for Network Upgrade

Telkom Kenya is set to receive a Sh4.1 billion ($40 million) loan from the European Investment Bank to boost infrastructure and mobile money network.

The European Investment Bank (EIB) said the loan, which is still going through appraisal, will only form part of the funding for Telkom Kenya's Sh9.34 billion ($92 billion) network expansion project.

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