April 1st, 2021 2:36 PM 0 COMMENTS

Airtel Africa Gets a $100 Million Investment from Mastercard

Airtel Africa has just received a $100 million investment from Mastercard, a global technology leader in the payments industry. Mastercard will get a minority stake in the company against this investment. But Mastercard will get a minority stake in the Airtel Mobile Commerce BV (AMC BV), a wholly-owned subsidiary of Airtel Africa, and not the Airtel Africa group itself. For the unaware, AMC BV operates most of the mobile money... Read More

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