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Mastercard to invest $100 mn in Airtel Africa's Mobile Commerce business
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Mastercard to invest $100 mn in Airtel Africa's Mobile Commerce business
Apr 1, 2021 7:03 AM

Bharti Airtel is moving on its deleveraging at a very fast pace. In the past 15 days, there have been three announcements of some sort of a stake sale, which is bringing in money.

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The latest one is Mastercard, which will invest $100 million in the Airtel Africa’s Mobile Commerce (AMC) business. UBS has come up with a report on the company maintaining a ‘buy’ rating.

Watch accompanying video of CNBC-TV18’s Reema Tendulkar for more details.

(Edited by : Bivekananda Biswas)

First Published:Apr 1, 2021 4:03 PM IST

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