Standard Bank, led by Sim Tshabalala, backs Safaricom Ethiopia with $138 million funding push
Billionaires Africa | 11.12.2025 21:51
Standard Bank Group, Africa’s largest lender by assets, led by South African banker Sim Tshabalala, has extended a $138 million (R3.1 billion) funding facility to Safaricom Telecommunications Ethiopia as the Kenyan operator deepens its push in one of the continent’s most promising telecom markets.