TPG, QIA and Mastercard Invest Additional USD125m in Africa’s Airtel Mobile Commerce
Source(s): Morning Star
TPG Capital’s Rise Fund, the Qatar Investment Authority (QIA) and Mastercard invested an additional USD125m in Airtel Mobile Commerce, an Airtel Africa subsidiary and the holding company for several of Airtel Africa’s mobile money operations across 14 African countries. TPG and QIA each invested USD50m and Mastercard invested USD25m. Read more