Africa digital payments: telco spin-offs to forge more listed investment options

  • So far investors have had limited choice: Egypt's Fawry, Zimbabwe’s Cassava Smartech and conglomerates like Safaricom

  • With Airtel Mobile Commerce valued at US$2.6bn, MTN plans to list its mobile money arm at a US$5bn indicative price tag

  • VC interest in Africa digital payments is high; Flutterwave recently became Nigeria’s second unicorn, after Interswitch

April 13th, 2021
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