The Rise Fund to invest $200 million in Airtel Africa’s mobile money business

Airtel mobile money business

The Rise Fund to invest $200 million in Airtel Africa’s mobile money business   Airtel Africa, a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, has announced the signing of an agreement under which The Rise Fund, the global impact investing platform of leading alternative investment firm TPG, will invest $200 million in Airtel Mobile Commerce BV. The AMC BV is a wholly owned subsidiary of Airtel Africa plc. AMC BV is currently the holding company for several of Airtel Africa’s mobile…

Read more