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MTN Group

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MTN Group Limited entered the telecommunications scene at the dawn of South Africa’s democracy, in 1994. In 1998, we began our expansion by acquiring licences in Rwanda, Uganda and Swaziland. Since then, we continued to grow, with a view of bringing world-class telecommunications and digital services to markets across Africa and the Middle East.

Headquarters

Johannesburg, South Africa

Founded in

1994

Company Size

Employees

investor type

Corporate Venture Capital

investment stage

Company Size

Employees

Sectors of focus

geographical focus

Team

FUNDING ROUNDS

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Jumia Group E-Commerce & Retail
Amount $150,000,000
Date Jan 1, 2013
Funding Round
Series B
investors
Millicom Systems, Rocket Internet, MTN Group
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Jumia Group E-Commerce & Retail
Amount $150,000,000
Date Nov 26, 2014
Funding Round
Series B
investors
Summit Partners, Rocket Internet, Orange, Millicom Systems, MTN Group, Goldman Sachs, CDC Group, AXA Group
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TravelStart Travel & Leisure
Amount $40,000,000
Date Feb 3, 2016
Funding Round
Series A
investors
Amadeus Capital Partners, MTN Group
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Jumia Group E-Commerce & Retail
Amount $400,000,000
Date Mar 3, 2016
Funding Round
Series C
investors
Rocket Internet, MTN Group, Orange, Goldman Sachs, CDC Group, AXA Group

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