GROUP FINTECH

MTN to Divest Fintech Units in Nigeria, Ghana, Uganda to Facilitate Mastercard Acquisition

March 17, 2025March 17, 2025 - by Sofia Nawab - Leave a Comment

MTN Group will spin off its fintech operations in Nigeria, Ghana, and Uganda by mid-2025, facilitating a minority stake acquisition by Mastercard. While Uganda and Ghana are progressing well, Nigeria …

Business / Companies

MTN Announces Spin-Off of Fintech Units for Mastercard Stake Acquisition

March 17, 2025March 17, 2025 - by Liam Nguyen - Leave a Comment

MTN Group plans to spin off its fintech units in Nigeria, Ghana, and Uganda by mid-2025 to facilitate Mastercard’s minority stake acquisition. This strategic move aims to reorganize their operations …