Africa digital payments: telco spin-offs to forge more listed investment options
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So far investors have had limited choice: Egypt's Fawry, Zimbabwe’s Cassava Smartech and conglomerates like Safaricom
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With Airtel Mobile Commerce valued at US$2.6bn, MTN plans to list its mobile money arm at a US$5bn indicative price tag
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VC interest in Africa digital payments is high; Flutterwave recently became Nigeria’s second unicorn, after Interswitch
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This report is independent investment research as contemplated by COBS 12.2 of the FCA Handbook and is a research recommendation under COBS 12.4 of the FCA Handbook. Where it is not technically a research recommendation because the subject of the research is not listed on any European exchange, it has nevertheless been treated as a research recommendation to ensure consistent treatment of all Tellimer's research. This report has been produced by the analyst(s) named above (the "Analyst").
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