Stanbic Bank Uganda Limited Signs US$85 Million Term Loan Facility

Posted on by Staff Writer | 6004 Views | 5 min read

Stanbic Bank Uganda Limited (Stanbic Uganda) has signed a US$85 million, eighteen month term loan facility in Dubai on 28 January 2015. The transaction, which is a debut Stanbic Uganda transaction was launched in an amount of USD 75 million and an over subscription of USD 15 million was obtained, thus allowing a final take

Mahindra Comviva and Econet Release Mobile Money-linked Companion Card

Posted on by wademinnie | 5881 Views | 14 min read

Mahindra Comviva, the global leader in providing mobility solutions, announced the debut of connectMoney Service Manager through a landmark deal with Econet Wireless, Zimbabwe. As a part of the first live deployment of connectMoney Service Manager, Econet Wireless has issued MasterCard debit cards which are linked to the EcoCash Wallet. This is the largest rollout