Airtel Africa asks IFC for $194m for network expansion

Bharti Airtel’s African unit is having something of a resurgence in recent years. 
 
Back in the summer of 2019, Airtel Africa’s initial public offering (IPO) on the London Stock Exchange was something of a disaster, raising just $750 million and seeing stock prices fall over 16% on day one. At the time, investors were sceptical about the prospects of telecom carriers in emerging markets…

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