Axian, ECP to acquire 51% stake in Togocom

Friday 8 November 2019 | 13:50 CET | News
A consortium composed of Madagascar's Axian Group and Africa-focused private equity firm Emerging Capital Partners (ECP) will acquire a 51 percent stake in Togo's state telecommunications company, Togocom, Reuters reported. Togo's acceptance of the bid by the Agou Holding consortium marks the completion of a privatisation process announced in 2018. 

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Categories: Mobile & Wireless
Companies: Airtel / Etisalat / Moov Togo / MTN Cote d'Ivoire / Orascom Telecom / Tigo / Togo Telecom / Wananchi
Countries: Togo
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