Title: PAIDF invests $97.4 mln in Essar Telecom Kenya
Author: Wang Guanqun
Source: www.chinaview.cn
Publisher: Xinhua
Date published: 30/06/2009
Date accessed: 03/07/2009
Type of information: article
Language: English
On-line access: yes (HTML)
Abstract:
Pan African Infrastructure Development Fund (PAIDF) has invested 7.5 billion Kenyan shillings(about 97.4 million U.S. dollars) in Essar Telecom Kenya (ETK), the country’s fourth mobile phone operator to expand its East Africa operations.

ETK said in a statement issued on Tuesday that it already has about 400,000 subscribers on its network in Nairobi and Mombasa and it expects this number to grow significantly as it completes it roll out across Kenya by end of the year.