Orange to invest in Nigerian e-commerce group Africa Internet


The logo of French telecom operator Orange is seen in front of the company's headquarters in Paris, France, February 22, 2016. REUTERS/Jacky Naegelen

LAGOS: French telecommunications company Orange is to invest €75mil (RM334.44mil) in Nigerian e-commerce group Africa Internet Group (AIG) and become a shareholder, the two companies said. 

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. 

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