Finance
Mastercard to invest $100m in Airtel Africa’s mobile money unit
Mastercard Inc will invest $100 million in Airtel Africa’s mobile money operations valuing the business at $2.65 billion, the London-listed company said on Thursday.
Mastercard will hold a minority stake in Airtel Mobile Commerce, in line with Airtel Africa’s plan to monetise the mobile money business by selling up to a 25% stake in the unit, the company said.
-
Economy2 days agoLagos govt warns scrap dealers against illegal activities
-
Business2 days agoPhysical checks of cargo at Apapa to stop soon—Customs
-
Oil and Gas2 days agoCrude oil price rises for sixth session on US data, geopolitical tension
-
World2 days agoTrump’s recall of ambassadors compounds staffing problems at posts in Africa