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Bharti Airtel Targets Bigger Africa Bet With $2.9bn Stake Expansion Ahead Of Airtel Money IPO

May 14, (THEWILL) — Indian telecom giant, Bharti Airtel, is deepening its investment in Africa with plans to raise its stake in Airtel Africa to as much as 90 percent through a proposed $2.9 billion share swap, as the group positions itself for the anticipated listing of its mobile-money business. The strategy was disclosed by

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