Business Elites Africa understands that Qatar Holding LLC intends to invest the money through a secondary purchase of shares in AMC BV from Airtel Africa Plc.
The Transaction is the latest strategic divestment of the Group’s tower portfolio as it focusses on an asset-light business model and on its core subscriber-facing operations.
“Our customer base also grew strongly for most of the year with new customer registration requirements in Nigeria stemming our onboarding of new customers in the final quarter.”
A notice by the company explained that his appointment will take effect on October 1st, 2021. He will be taking over from the telco’s current CEO, Raghu Mandava, who is set to retire.
Airtel Africa Plc Signs $500M Loan Facility with a group of relationship banks including Bank of America, BNP Paribas, Citibank, HSBC, etc.
