Altech Kenya Data Networks (KDN) has entered into a funding arrangement for capital expansion over a three-year period through Standard Bank in order to expand the telecommunications infrastructure across East Africa.
Helmut Engelbrecht, Standard Bank’s head of investment banking in Africa, said the transaction will provide a stable and predictable financial platform for KDN’s expansion across Kenya and the East Africa region. “Standard Bank’s on-the-ground presence and long-term experience in Kenya laid the foundation for this transaction, and was supported by our ability to provide Kenyan shilling liquidity, our cross-border structuring and execution expertise,” he said.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more