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  • 31-01-19

    Qatar to set USD200m for Airtel Africa investment

    (MENAFN) Qatar Investment Authority (QIA) is planning to allocate USD200 million of investment in Airtel Africa Ltd.

    Qatar's sovereign wealth fund reached an agreement for the investment which will be directed into cutting the current net debt of the telecommunication firm.

    "We are excited to welcome Qatar Investment Authority as a long term strategic equity partner," Airtel Africa stated

    "QIA is a respected global institution with a distinctive lineage and a robust global portfolio. We look forward to a long and fruitful partnership with QIA," it added.

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