Sierra Leone and Burkina Faso: Orange acquires 100% of Airtel shares in Sierra Leone and Burkina Faso
Orange is set to acquire 100% of Airtel Sierra Leone and Airtel Burkina Faso’s share capital in a bid to strengthen the operator’s presence in Africa. The deals will add close to 5.5mn customers to Orange’s customer base and extend the company’s African footprint to cover 20 countries. This is further to the initial agreement signed between Airtel and Orange in July 2015 regarding the potential acquisition of Airtel’s operations in Burkina Faso, Sierra Leone, Chad and Congo Brazzaville to fund its operations in Nigeria.
