Customers at an MTN Mobile money booth. MTN Money Uganda Ltd controls the biggest market share of mobile lending in Uganda
Getting your Trinity Audio player ready...
MTN Group Ltd. values its mobile money arm at about US$5 billion (UGX18 trillion) and will consider a listing of the division, joining African wireless carriers trying to monetize a service that is particularly popular on the continent. The move comes after Mastercard Inc. and TPG Holdings LP invested $300 million in Airtel Africa Plc’s mobile-money business at a $2.65 billion value. “Wi

Thank You For Reading CEO East Africa Magazine.

Please SUBSCRIBE for UNLIMITED ACCESS to our game-changing stories or LOG IN for existing members.

Tagged: