×
The Standard e-Paper
Fearless, Trusted News
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Mastercard Inc will invest Sh10.9b in Airtel Africa’s mobile money operations valuing the business at Sh288.1billion, the London-listed company said on Thursday.
Mastercard will hold a minority stake in Airtel Mobile Commerce, in line with Airtel Africa’s plan to monetise the mobile money business by selling up to a 25 per cent stake in the unit, the company said.
Subscribe to our newsletter and stay updated on the latest developments and special offers!
join