MTN Group

MTN Group Limited is a leading telecommunications company headquartered in Johannesburg, South Africa, with operations across various countries in Africa and the Middle East. Established in 1994, MTN offers a comprehensive range of services, including mobile voice, data, and financial services, catering to both individual and corporate clients. Its offerings encompass traditional voice and data bundles, mobile money solutions, and enterprise connectivity services, including cloud and IoT applications. The company serves approximately 251 million subscribers and operates subsidiaries such as MTN Nigeria, which provides mobile telecommunications and broadband services in Nigeria. MTN is also involved in digital entertainment through various products aimed at promoting African music and video content. With a focus on innovation and expansion, MTN continues to enhance its service portfolio to meet the evolving needs of its diverse customer base.

Ralph Mupita

Group Chief Financial Officer

Rob Shuter

Group President and Chief Executive Officer

13 past transactions

Simfy Africa

Acquisition in 2018
Simfy Africa is provides the best music service to our users that brings together superb backend technology, general streaming know how and in-depth experience in dealing with digital content, local infrastructure and customer support.

Fenix International

Grant in 2017
Fenix International Inc. is a San Francisco-based company that designs and manufactures renewable energy products, primarily targeting mobile telecommunications in emerging markets. Established in 2009, the company focuses on providing affordable solar solutions to empower over 1.3 billion people living off-grid. Its flagship product, ReadySet, is an intelligent plug-and-play energy system that powers various devices, including mobile phones, lights, and medical applications, utilizing multiple energy sources such as solar and micro-wind. Fenix also offers a range of accessories, enhancing its product line with mobile charging solutions and LED lights. The company markets its products through service centers and shops in regions like Uganda and Rwanda, as well as online platforms in the United States. Fenix International operates as a subsidiary of ENGIE SA and has garnered significant recognition for its innovative technology and impactful outreach efforts.

Iranian Net Co.

Funding Round in 2017
Iranian-net is the first and only licensed broadband network operator based on fiber optic (FTTX) in Iran founded in 2011 regarding to delivering value added services to the subscribers around the country.

Snapp

Series A in 2016
Snapp is the first and leading mobile and web-based ride-hailing platform in Iran. Its mission is to enhance the effectiveness, efficiency and quality of urban transportation in Iran, through exceptional software and service capabilities. Within 4 years, we are proud to welcome 20 million customers and 1 million drivers to our family. At more than 2 million rides per day, we have also built the largest and fastest growing internet company in the Middle East.

Jumia

Series C in 2016
Jumia Technologies AG operates a comprehensive e-commerce platform across Africa, connecting consumers with a wide array of sellers. The platform includes a marketplace for various products such as fashion, electronics, and home goods, as well as services like food delivery, travel bookings, and classified ads. Jumia also offers logistics services to facilitate the shipping and delivery of products and a payment service to streamline transactions within its ecosystem. Founded in 2012 and headquartered in Berlin, Germany, Jumia has become a key player in the digital transformation of the African economy. The company supports over 50,000 local businesses and individuals, creating job opportunities and fostering skill development on the continent. Through its operations, Jumia aims to enhance the shopping experience for consumers while providing businesses with efficient distribution solutions.

Travelstart

Venture Round in 2016
Travelstart is an online travel agency that helps today’s business and leisure travellers search, compare and book the best flight, hotel and car options. With a huge focus on affordable travel and simplifying the travel booking experience for our customers, visit the Travelstart website or Flapp, the Travelstart app, to find some of the lowest fares around.

Visafone Communications

Acquisition in 2016
Visafone is a mobile telecommunication network that offers an exciting bouquet of superior telecommunications services.

Smart Village

Acquisition in 2015
Smart Village (Pty) Ltd. is a South African provider of multimedia, telecommunication, data, and security services for both residential and commercial sectors. Established in 2004 and headquartered in Centurion, the company delivers a comprehensive range of solutions, including converged television, telephone, Internet, and security services for homes, as well as DVB over IP services for businesses such as hotels and shopping malls. Smart Village stands out as a pioneer in the industry, offering a single access point for an integrated service experience. With a robust national presence, the company has connected over six thousand homes and businesses, positioning itself as a leading multi-play service provider in the region. Smart Village also ensures client satisfaction through dedicated service, maintenance, and support, allowing clients to engage with one provider for their diverse needs. In 2015, the company became a subsidiary of MultiChoice, further enhancing its capabilities and market reach.

Jumia

Series C in 2014
Jumia Technologies AG operates a comprehensive e-commerce platform across Africa, connecting consumers with a wide array of sellers. The platform includes a marketplace for various products such as fashion, electronics, and home goods, as well as services like food delivery, travel bookings, and classified ads. Jumia also offers logistics services to facilitate the shipping and delivery of products and a payment service to streamline transactions within its ecosystem. Founded in 2012 and headquartered in Berlin, Germany, Jumia has become a key player in the digital transformation of the African economy. The company supports over 50,000 local businesses and individuals, creating job opportunities and fostering skill development on the continent. Through its operations, Jumia aims to enhance the shopping experience for consumers while providing businesses with efficient distribution solutions.

Afrihost

Acquisition in 2014
Afrihost (Pty) Ltd., founded in 2000 and based in Sandton, South Africa, specializes in providing a range of Internet solutions. The company offers various broadband services, including capped and uncapped ADSL and fibre options, as well as mobile data and voice services. Its hosting solutions encompass Linux and Windows hosting, cloud hosting, and dedicated server options. Additionally, Afrihost provides domain services such as registration, parking, and email services. Known for its commitment to customer satisfaction, Afrihost has positioned itself as a significant player in the telecommunications and Internet services sector. Since November 2014, it has operated as a subsidiary of MTN South Africa.

Jumia

Series B in 2013
Jumia Technologies AG operates a comprehensive e-commerce platform across Africa, connecting consumers with a wide array of sellers. The platform includes a marketplace for various products such as fashion, electronics, and home goods, as well as services like food delivery, travel bookings, and classified ads. Jumia also offers logistics services to facilitate the shipping and delivery of products and a payment service to streamline transactions within its ecosystem. Founded in 2012 and headquartered in Berlin, Germany, Jumia has become a key player in the digital transformation of the African economy. The company supports over 50,000 local businesses and individuals, creating job opportunities and fostering skill development on the continent. Through its operations, Jumia aims to enhance the shopping experience for consumers while providing businesses with efficient distribution solutions.

Investcom

Acquisition in 2006
Investcom LLC provides mobile telecommunications services with operations in Africa, the Middle East, and Europe. The company offers carrier, fixed telephony, telecommunications engineering, and consulting services.
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