The Rise Fund, the global impact investing platform of alternative investment firm TPG, will invest $200 million in Airtel Africa’s mobile money business, according to a Thursday (March 18) announcement. The transaction values Airtel Africa’s mobile money business at $2.65 billion on a cash and...
March 18, 2021
The Rise Fund, the global impact investing platform of alternative investment firm TPG, will invest $200 million in Airtel Africa’s mobile money business, according to a Thursday (March 18) announcement. The transaction values Airtel Africa’s mobile money business at $2.65 billion on a cash and debt free basis, per the announcement. The deal gives the […]
