MTN to invest $225M in Africa Internet Group (AIG)

MTN Group has announced it will invest approximately EUR 168 million into AIG in the next two to four years after acquiring 33.3% of the JV between Rocket Internet and Millicom.

The Group said it expects to invest approximately EUR168 million over the next two to four years into AIG after the 33.3% transaction closed July 1 2014

Read more: MTN Group to Invest $225 Million in Rocket Internet – TechMoran | TechMoran.