MTN Rwanda turns to banks to fund Rwf90bn RURA licence

A service centre at the MTN Rwanda headquarters in Nyarutarama, Kigali. The telco is acquiring Rwf64 billion in a loan syndicated by 10 Rwandan banks to raise the cost of the licence. / Photo: File.
A service centre at the MTN Rwanda headquarters in Nyarutarama, Kigali. The telco is acquiring Rwf64 billion in a loan syndicated by 10 Rwandan banks to raise the cost of the licence. / Photo: File.
Collins Mwai