News > Mastercard to invest about Rs 733 crore in Airtel Africa's mobile money business
Mastercard to invest about Rs 733 crore in Airtel Africa's mobile money business
The Free Press Journal | 02/04/2021 08:57 AM | Click to read full article
Mastercard would hold a minority stake in AMC BV on completion of the deal, with Airtel Africa continuing to hold the majority stake.
AMC BV is currently the holding company for several of Airtel Africa's mobile money operations and is intended to own and operate the mobile money businesses across all of Airtel Africa's 14 operating countries.