Qatar to invest $200 million in Airtel Africa
Airtel on Wednesday said that Qatar's sovereign wealth fund Qatar Investment Authority will invest $200 million through a primary equity issuance in Airtel Africa. India's second-largest telecom operator's Africa unit recently raised $1.25 billion from six investors. Airtel Africa, the holding company for Airtel's operations in 14 African countries, is preparing for an initial public offering.