MTN Group targets 40 million SMEs across Africa
The group's suite of services, including MoMo (Mobile Money), Ayoba, and Chenosis, will be showcased a two day SME event MTN is hosting this week.Cape Town correspondent
MTN in Nigeria posts first quarter profits, after riding strong headwinds
MTN Nigeria profit before tax increased by 8.5%, while profit after tax (excluding non-controlling interest) increased by 3.8%.
Guinea’s Fintech strengthened with new mobile microloan service
Fintech firm Optasia has announced the launch of a microloan service with Ecobank Guinea, via MTN Mobile Money.
MTN MoMo’s growth gathers momentum
Partnerships and a new loan feature have kept the platform on a steady growth trajectory.
MTN Group recruits legal expert to help direct company
Former JSE executive Nicky Newton-King appointed as Director of MTN Companies, effective 1 January 2023.
MTN’s Ghana and Nigeria businesses keep momentum up for operator
Despite challenges like NIM/SIM registration, rising inflation, fuel prices and supply chain issues, MTN continues to leverage strong performance of its African subsidiaries.
MTN announces new exec to lead Group’s Fintech interests
Operator appoints Andrew Goodrich as Executive for Banktech in Group’s Fintech team, effective 1 June 2022.
MTN to invest US$1-bn in Ghana as data, mobile money grows
Company has also stated intention to interconnect with rival operators for roaming and airtime distribution.
MTN deepens interest in Côte d’Ivoire with 5G trial
Operator plans to construct new headquarters in the West African country.
MTN, Airtel secure payment service bank permits in Nigeria
Companies approved to run payment service banks pivoted on their respective Momo and Smartcash mobile financial services platforms.
MTN SA strikes US$2m deal with IFC to build MoMo agent network
Partners are looking to recruit 10 000 agents this year.
MTN Nigeria says 48.7% of its subscriber base has submitted NINs
Company says NIN enrolment is an immediate priority as it outlines focus going forward in latest results.