U.S. hedge fund manager, George Soros, has tied up with Madeline Albright and Jacob Rothschild, to set up a company which will build mobile masts in Africa, Financial News reports. The three will together invest $350 million to launch Helios Towers Africa.

Albright’s emerging markets private equity firm, Albright Capital Management, and Rothschild’s RIT Capital Partners will back the venture. The fourth, and lead, co-investor in the company will be funds advised by Helios Investment Partners. The company plans to build more than 5,000 masts in six countries outside of Nigeria.

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