MTN Group
MTN is a JSE-listed multinational company that offers voice and data, mobile financial, enterprise, and digital services. It serves individuals as well as SME, public sector, and corporate clients.
The company’s traditional voice and data offerings include voice bundles, data bundles, bonus on recharge, and low-denomination recharge vouchers. Its mobile money product range includes international remittances, savings, lending, and insurance. MTN’s enterprise services are focused on connectivity, communication, cloud, M2M, and enterprise mobility.
Through its investments with Rocket Internet AG in Africa Internet Holdings (AIH) and Middle East Internet Holdings (MEIH), MTN aims to to deliver a range of internet services in African continent and in the Middle East, including e-commerce retailing, market place, taxi, travel, classified, and food delivery services.
MTN has launched, as part of its entertainment strategy, a host of products and services, including MTN FrontRow: a video-on-demand offering, and MTN Music+: a music streaming and downloading app which aims to promote African music.
MTN was founded in 1994 and is headquartered in Johannesburg, South Africa. The company has operations in Afghanistan, Benin, Botswana, Cameroon, Ivory Coast, Cyprus, Ghana, Guinea Bissau, Guinea Republic, Iran, Liberia, Nigeria, Republic of Congo, Rwanda, Sudan, South Sudan, Swaziland, Syria, Uganda, Yemen, and Zambia. It has ISP licenses in Namibia and Kenya and a Value Added Service license in Ethiopia.
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 produces ultra-affordable mobile enabled solar solutions to empower more than 1.3 billion people living off-grid. Fenix is a for-profit corporation based in San Francisco, California with customers across Africa, Asia and Latin America and core expertise in power electronics, product design and base-of-the-pyramid marketing. Fenix has been prominently featured in the New York Times, Bloomberg, Fast Company, Popular Mechanics, CNET, VentureBeat, and has won numerous awards and honors since it was founded in 2009.
Jumia Technologies AG
Series B in 2013
Jumia Technologies AG operates an e-commerce platform in Africa. The company’s platform consists of marketplace, which connects sellers with consumers; logistics service that enables the shipment and delivery of packages from sellers to consumers; and payment service, which facilitates transactions to participants active on the company’s platform in selected markets. Its marketplace offers various products in a range of categories, including fashion and apparel, smartphones, home and living, consumer packaged goods, beauty and perfumes, and other electronics, as well as access to various services, such as restaurant food delivery, hotel and flight booking, classified advertising, airtime recharge, and instant delivery. The company was formerly known as Africa Internet Holding GmbH and changed its name to Jumia Technologies AG in January 2019. Jumia Technologies AG was founded in 2012 and is headquartered in Berlin, Germany.
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.
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.
Jumia Technologies AG
Series C in 2014
Jumia Technologies AG operates an e-commerce platform in Africa. The company’s platform consists of marketplace, which connects sellers with consumers; logistics service that enables the shipment and delivery of packages from sellers to consumers; and payment service, which facilitates transactions to participants active on the company’s platform in selected markets. Its marketplace offers various products in a range of categories, including fashion and apparel, smartphones, home and living, consumer packaged goods, beauty and perfumes, and other electronics, as well as access to various services, such as restaurant food delivery, hotel and flight booking, classified advertising, airtime recharge, and instant delivery. The company was formerly known as Africa Internet Holding GmbH and changed its name to Jumia Technologies AG in January 2019. Jumia Technologies AG was founded in 2012 and is headquartered in Berlin, Germany.
Smart Village (Pty) Ltd
Acquisition in 2015
Smart Village (Pty) Ltd. provides multimedia, telecommunication, data, and security services to residential and commercial sectors in South Africa. Its residential solutions include converged television, telephone, Internet, and security services; and commercial solutions comprise DVB over IP services, including display of live video streams, video on demand, localized information services, and more for hotels, shopping malls, office complexes, gated residential communities, and residential apartments. The company also provides service, maintenance, and support. It offers services through its FTTx networks. The company was founded in 2004 and is based in Centurion, South Africa. Smart Village (Pty) Ltd. operates as a subsidiary of MultiChoice (Pty) Ltd. As per the transaction announced on September 28, 2015, Smart Village (Pty) Ltd operates as a subsidiary of MTN South Africa.
Visafone Communications
Acquisition in 2016
Visafone is a mobile telecommunication network that offers an exciting bouquet of superior telecommunications services.
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.
Afrihost
Acquisition in 2014
Afrihost is a company dedicated to delivering Internet Solutions, including ADSL Broadband and State-of-the-art Web Hosting that truly delights their clients. Afrihost was formed in August
of 2000 on the premise that they could deliver a service superior to the industry-norm.
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 Technologies AG
Series C in 2016
Jumia Technologies AG operates an e-commerce platform in Africa. The company’s platform consists of marketplace, which connects sellers with consumers; logistics service that enables the shipment and delivery of packages from sellers to consumers; and payment service, which facilitates transactions to participants active on the company’s platform in selected markets. Its marketplace offers various products in a range of categories, including fashion and apparel, smartphones, home and living, consumer packaged goods, beauty and perfumes, and other electronics, as well as access to various services, such as restaurant food delivery, hotel and flight booking, classified advertising, airtime recharge, and instant delivery. The company was formerly known as Africa Internet Holding GmbH and changed its name to Jumia Technologies AG in January 2019. Jumia Technologies AG was founded in 2012 and is headquartered in Berlin, Germany.