IFC invests Sh619m in mobile tech firm Africa’s Talking

Africa’s Talking CEO Samuel Gikandi. PHOTO | FRANCIS NDERITU | NMG

The International Finance Corporation is investing up to Sh619 million ($6 million) in mobile tech firm Africa’s Talking, with the funds earmarked for the company’s expansion in Africa.

In a disclosure, the IFC said it would also use its relationships and knowledge of the continent to help Africa’s Talking as it moves beyond the current seven markets where it has a presence.

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