Mobile operator MTN and insurer Momentum Metropolitan Holdings plan to launch 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...A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.
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