Paul Edwards, the former CEO of MTN Group, has raised a series-A round of capital for his new fintech business VantagePay. According to TechCentral, Crossfin Holdings, a Blue Garnet Ventures affiliate, has purchased a “significant share” in the company for an unknown value. VantagePay, formerly Vantage Africa Limited, was founded in 2018 with the mission…
MTN Group announced today that it is ceasing operations in Yemen, in the Middle East. The company has been steadily withdrawing from its Middle Eastern operations, having left Syria in August due to “intolerable” operating conditions. MTN is also in talks to sell its operations in Afghanistan. MTN’s exit from Yemen, according to the company,…
MTN Group has announced the appointment of Adekunle Awobodu as its new Chief Financial Officer for Digital and Fintech. According to a statement from MTN, Awobodu is a seasoned business and finances professional who has spent most of his career at MTN, including serving as CFO for MTN Nigeria for 4 years, having started as…