South African Billionaire Patrice Motsepe's African Rainbow Capital Has Acquired A 20% Stake In LTE Provider Rain

Patrice Motsepe's African Rainbow Capital (ARC) has acquired a 20% stake in South African LTE provider, Rain. Apart from the equity stake that ARC will be acquiring, the deal details and amount were not disclosed. “We are delighted to partner with African Rainbow Capital and look forward to the strategic…

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