Africa’s largest mobile network operator, MTN, has announced that it is seeking to include three (3) more strategic investors in its Fintech unit. This announcement is coming after the telecoms company recently partnered with Mastercard to purchase a minority stake…
Telecommunications company MTN Nigeria has reported a significant 39.4% decrease in its fintech customer base in H1 2023, bringing the total number of users down to 7 million by the end of June. In the company’s H1 2023 report, out…
MTN, Africa’s largest telecommunications company, reports that its mobile money (MoMo), has hit a total of 8 million users in South Africa. Chief Financial Services Officer MTN South Africa, Bradwin Roper disclosed that the surge in MoMo users is attributed…
With a rapidly expanding tech startup ecosystem, The African continent has consistently witnessed a significant increase in the number of startups in the region. As usual, Fintech startups continue to dominate in the region, as it accounted for nearly $3…
Multinational mobile telecommunications company, MTN, last month announced its groundbreaking achievement of hitting N181 billion profits in the first half of the year with a 28% increase from last year’s profit. Recall that MTN in May 2022, moved into the…
