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Finance & Markets

Apollo Set to Favor Aircraft Funding Over Junk Bonds for EasyJet

Apollo Global Management is set to opt for aircraft financing rather than high yield bonds for a £3.5 billion debt package backing its acquisition of low-cost carrier EasyJet Plc.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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Safaricom Takes Shari’ah-Compliant Investing to M-PESA Customers

Safaricom has partnered with GulfCap Investment Bank (GCIB) to launch the Ziidi Shari’ah Money Market Fund giving M-PESA customers access to Shari’ah-compliant investment products through a digital…

  • Safaricom partners with GCIB to offer Shari’ah-compliant M-PESA investing.
  • Ziidi Shari ah fund allows Sh100 start investment, subsequent contributions from Sh10.
  • Customers manage funds via My OneApp or USSD 334#, regulated by CMA.

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