Business
From telecom to fintech: MTN Ghana prepares to split MoMo from telco business
In a move to align with Ghana’s financial regulations, Scancom PLC, the operators of MTN Ghana have announced plans to restructure its mobile money subsidiary, MobileMoney LTD (MML).
The proposed changes, outlined in a shareholder circular published by the Ghana Stock Exchange today, May 2, 2025, will see the creation of a New FinCo, a separate entity that will eventually list on the Ghana Stock Exchange within three to five years.
Source: graphic online