MTN

MTN is a pan-African mobile operator with the strategic intent of ‘Leading digital solutions for Africa’s progress’. With 295 million customers in 19 markets, MTN is committed to bridging the digital divide, furthering financial inclusion, and advancing the attainment of the United Nations Sustainable Development Goals through its core business activities and support to governments, communities, and customers. Established in South Africa in 1994, MTN has grown by investing in sophisticated communication infrastructure and developing new technologies.

MTN's strategic intent is Ambition 2025: Leading digital solutions for Africa’s progress, harnessing the power of MTN – its leading brand, footprint, connectivity infrastructure, and technology platforms. The company's strategy is anchored in building the largest and most valuable platform business with a clear focus on Africa, including scale connectivity and infrastructure business – mobile and fixed access networks in the consumer, enterprise, and wholesale segments. This is being accelerated through partnerships and funded by enhanced cost and capex efficiencies.

The latest investment in MTN was a ZAR3.80B Corporate Round investment on 14 August 2023, and the investor involved was Mastercard. As a leader in finance, financial services, and fintech, MTN is driven by the belief that everyone deserves the benefits of a modern, connected life and is dedicated to delivering innovative financial technology and seamless solutions.