Africa's largest independent telecom tower company, recently turned a profit after significant losses.
MTN to absorb 2,762 IHS Towers employees as acquisition advances
MTN Group will absorb 2,762 IHS employees as part of a $2.2 billion acquisition. MTN has pledged to guarantee salaries and core benefits for incoming employees for at least one year.
MTN’s $2.2 billion IHS acquisition to face Nigerian regulatory review
Bosun Tijani announced a thorough assessment of MTN's bid to acquire IHS Towers. MTN plans to complete a full acquisition of IHS Towers for $2.2 billion.
Nigeria’s Juicyway raises $3 million to help businesses solve FX shortage problem
Juicyway raised $3 million in pre-seed funding. The startup plans to expand its marketing and business development teams.
Lending product drives MTN Nigeria's fintech revenue growth in H1 2024
MTN Nigeria reported a 2.9% increase in total subscribers, reaching 79.4 million. The telco's fintech business saw 11% revenue growth primarily due to its airtime lending product Xtratime and the adoption of its mobile money services, MoMo.
