Indian Postal Dept. plans to offer banking services
The Postal department of India is planning to offer banking services through its full-fledged bank to be named Post bank of India.
DEBT-FINANCING
Gateway Communications raises $100m to expand telecommunications market in Africa
ICT firm Gateway Communications has stated that it had raised $100m through a bond issue that would allow it to make further inroads into Africa
E-Filing to be introduced for Indian corporates
The government of India is set to introduce e-filing system for Indian corporates for tax payments. Following this system is mandatory for firms but voluntary for other classes of tax payers.
World Bank approves $40 mln loan for Ghana
The World Bank Group has approved 40 million dollars loan to support the Government of Ghana to implement selected components of its Information and Communication Technologies (ICT) for Accelerated Development Policy.
Celtel gets $90 Million funding for network expansion in Tanzania
Celtel Tanzania Ltd, part of the Pan African Celtel Group has received a $90 million loan for network expansion.
