Airtel Africa secures $200 million investment from Qatar Investment Authority

Airtel Africa Limited has announced that the Qatar Investment Authority (QIA) will invest $200 million in the company through a primary equity issuance. The proceeds will be used to reduce Airtel Africa’s existing net debt. According to an official statement, this transaction will not involve any sale of shares by existing shareholders. The QIA’s investment in Airtel Africa follows the recent investment in the company of $1.25 billion made by six leading global investors.