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AFC’s $230m loan ‘lifts 9mobile turnaround’

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African Finance Corporation says the $230 million injected into 9mobile will lift turnaround of the Nigerian mobile network operator (MNO). AFC, a pan-African multilateral development financial institution says the loan will be used to repay historic vendor obligations, finance costs and an interest reserve account and payment towards quick win capex initiatives.  For 9mobile formerly […]

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The post AFC’s $230m loan ‘lifts 9mobile turnaround’ appeared first on Technology Times.

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