South African mobile group MTN and technology investment firm Amadeus Capital have announced plans to invest US$40m (about R650m) in Travelstart, an online travel agency focused on Africa. Travelstart, which was founded in Sweden in 1999, has built
Johannesburg-listed mobile telecommunications group MTN is investing US$75m in a UK-based fund run Amadeus Capital Partners. Amadeus says the new fund will invest in “late-stage venture and growth companies, predominantly in mature markets, developing online and mobile applications and services
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