Qatar Holding LLC, an affiliate of the Qatar Investment Authority (QIA), has agreed to a minority stake in Airtel Mobile Commerce BV (AMC BV) for $200 million, which values Airtel Africa’s mobile money business at $2.65 billion.

AMC BV is the holding company for several of Airtel Africa’s mobile money operations, and ultimately is intended to own and operate the mobile money businesses across all of Airtel Africa’s fourteen operating countries.

The proceeds from the transa...