Egypt's Orascom to sell assets to Accelero Capital

An Orascom subsidiary has approved the sale of 140 million Egyptian pounds ($19.58 million) of assets to Accelero Capital group, Orascom said on Wednesday.
The sale was approved by the board of Orascom Telecom Ventures, a subsidiary of Orascom Telecom Media and Technology Holding, and is expected to close in the first quarter of 2015, Orascom said in a statement.

The assets involve mobile value added services, online advertising, development and content management, it said.