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Airtel set to sell stake in mobile money service

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Business Daily | by Victor Juma


The multinational, which operates in 14 countries in Africa including Kenya, Uganda and Nigeria, says the move is part of a strategy of selling some assets.

“We are actively pursuing the sale of the remaining owned tower sites that sit across several of our operating countries and the group is in discussions with various potential investors in relation to possible minority investments into Airtel Money,” the firm says in a trading update.

“Discussions are ongoing between the parties and…

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