Vodafone Ghana has secured a $115 million loan from World Bank’s International Finance Corporation, Reuters reports. The deal will help in the development of telecommunications network services in Ghana, adds WorldStage.
The package consists of $82 million in syndicated loans from the Export-Import Bank of China, China Development Bank and Deutsche Investitions- und Entwicklungsgesellschaft. Barclays, Ecobank, RandMerchantBank and StandardBank will provide the remaining $33 million loan.
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