MTN Uganda announced plans on Wednesday to hold an extraordinary general meeting (EGM) on July 2 to discuss and vote on the proposed spinoff of its mobile money and fintech business, MTN MoMo, from its core telecoms operations.
It is – as so often these days – a busy time for finance initiatives targeting developing regions. Indeed, two recent announcements relevant to such regions involve pan-African operator MTN.
MEA digital commerce firm Network International announced that telecoms operator Airtel has appointed it as an issuing payments processor for its operations across the African continent.
Vodafone Oman and digital financial service platform developer Software Group said on Monday they have signed a Memorandum of Understanding (MoU) to collaborate on developing digital financial services in Oman.