From left: Alliance for Science Executive Director Dr Sheila Ochugboju, Safaricom CEO Peter Ndegwa and Board chairman Adil Khawaja during the launch of Safaricom's Sustainable Business Report on October 5, 2023.
Telecommunications operator Safaricom has tapped an additional Sh15 billion to double its sustainability-linked loan from a consortium of local banks to Sh30 billion.
The additional financing, disclosed in the telco's latest annual report, is the second tranche of the facility, the proceeds of which will be used to implement the company's sustainability agenda.
