Saturday, February 27, 2021

MTN and Momentum move to snap up insurance market in Ivory Coast and Nigeria

Mobile operator MTN and insurer Momentum Metropolitan Holdings (MMH) are looking to grow their microinsurance joint venture in Ivory Coast and Nigeria as they seek to capitalise on African countries with low insurance penetration. 

MTN has been on a strong push in recent years to diversify its business, pursuing new revenue streams in mobile data, technology and related communications services to businesses, wholesale network services, fintech and digital services…

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