AirtelTigo shareholder loans not passed on to government
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AirtelTigo shareholder loans not passed on to government


Summary short_text

The Minister for Communications and Digitalisation, Ursula Owusu-Ekuful, has disclosed that shareholder loans of AirtelTigo were not transferred to the state as part of its takeover of the company.

Other creditors have either written off loans advanced to the company or slashed down the liability, Mrs. Owusu-Ekuful also said.

The Government and the parent companies of AirtelTigo, Bharti Airtel Ghana Holdings B.V. and MIC Africa B.V have concluded negotiations and signed an agreement to transfer the shares of the company to Ghana.


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