MTN is an active investor in African startups, participating in three funding rounds from February 2016 to December 2025 with a total investment of $40.0 million. Investments include a $40.0 million venture round in Travelstart, a South African travel and mobility company, and smaller rounds in Nigerian fintech CreditChek and logistics firm Scrapays. MTN targets other stages and unspecified venture rounds, with a geographic focus on Nigeria and South Africa. Sector interests span fintech, logistics and supply chain, and travel and mobility, as demonstrated by its portfolio companies. This activity reflects engagement in high-potential African markets. Co-investors include Amadeus Capital Partners in one round.
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