05-04-2016 11:17 via uk.news.yahoo.com

Orange to invest in Nigerian e-commerce group Africa Internet

LAGOS (Reuters) - French telecommunications company Orange is to invest 75 million euro ($85 million) in Nigerian e-commerce group Africa Internet Group (AIG) and become a shareholder, the two companies said on Tuesday. AIG, which was founded in Nigeria in 2012, already counts Goldman Sachs, South African telecoms group MTN and Germany's Rocket Internet among its shareholders. It owns several technology firms across 26 African countries including online retailer Jumia, delivery app HelloFood, ho
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