Airtel Africa to sell 7.5% stake in mobile money unit to QIA for $200 million - Business News: Latest News & Videos about market and economy | Trendmergers

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Airtel Africa to sell 7.5% stake in mobile money unit to QIA for $200 million

Infusion by Qatar’s sovereign wealth fund will happen via one of Airtel Africa Plc's wholly-owned arms, Airtel Mobile Commerce BV (AMC BV), the holding company for several of Airtel Africa's mobile money operations. AMC BV will eventually own and operate such mobile money businesses across Airtel Africa's 14 operating countries once inclusion of these businesses under AMC BV is concluded.

from Industry-Economic Times
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