Money News - In Brief

Mergers, Acquisitions and Financial Results

- Zain's Sudan subsidiary has awarded a mobile advertising contract to Jinny Software.

- Sierra Leone’s parliament has approved a concessional loan agreement between the government and the Export-Import Bank of China to improve telecommunications across the country to help develop the country’s telecommunications and security sector. According to AllAfrica.com, which cites a report by local newspaper Concord Times, the loan is worth USD15.314 million and is to be paid within five years with a grace period of 20 years.