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Overview

MTN Group's Portfolio in Africa

MTN Group has made over 4 notable investments in African startups. Their most recent investment was in Travelstart, announced on February 3rd, 2016.
MTN Group's Latest news
MTN Group quits talks to buy South Africa's Telkom - TheCable

TELKOM SA SOC LIMITED – Withdrawal of cautionary announcement in relation to MTN Group Limited - SENS - Moneyweb

Meet Chika Ekeji, Nigerian Leading MTN Group's Strategy – TechEconomy Nigeria - TechEconomy.ng

MTN Group Discusses 5G License in Ghana with Akufo-Addo - News Ghana

MTN Group's Investment activity in Africa

With over $744.1M invested in African startups, their latest investment was a Venture round in Travelstart, announced on February 3rd, 2016, closing at $40M.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Series C
Jumia
NigeriaMar 03, 2016$ 407,102,400
Series B
Jumia
NigeriaJan 01, 2013$ 147,009,200
Series C
Jumia
NigeriaNov 26, 2014$ 150,000,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000

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MTN Group's Investment Distribution in Africa.

MTN Group's currently has Startuup investments spread across the following location(s)

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