Airtel Africa
Startups
Airtel Africa gets an extra $200M for its mobile money business from QIA
2:26 am PDT • July 30, 2021
Qatar Holding LLC, an affiliate of Qatar Investment Authority, the sovereign wealth fund of Qatar, is set to invest $200 million into AMC BV through a secondary purchase of shares…
Airtel Africa receives $100M for its mobile money business from Mastercard
1:58 am PDT • April 1, 2021
Two weeks ago, TPG’s Rise Fund invested $200 million in Airtel Mobile Commerce BV (AMC BV) — the mobile money business of telecom Airtel Africa. After closing the deal, the…
Startups
Airtel Africa sells $200M mobile money business stake to TPG’s Rise Fund
4:00 am PDT • March 18, 2021
In February, London-listed telecom Airtel Africa said it was looking to sell a minority stake in its mobile money business in a bid to raise cash and sell off some…