MTN Uganda to Spin Off Fintech Arm, Eyes Separate Listing in 3–5 Years
- MTN Uganda's shareholders approved the separation of its fintech division from the core telecom business.
- The new fintech entity is set to be listed on the Uganda Securities Exchange within three to five years.
- MTN Uganda has approximately 21 million mobile subscribers.
Techpoint Africa - Jul 23, 2025
MTN Uganda secures shareholder approval to separate from fintech arm
MTN Uganda has received shareholder approval to spin off its financial technology operations into a
The decision to spin off the fintech division is a strategic move that could enhance MTN Uganda's market position and drive growth in the fintech sector. This separation not only reflects the increasing importance of mobile money in Africa but also positions MTN to better capitalize on the burgeoning digital financial services market. Further discussions could explore potential challenges and opportunities in this evolving landscape.
