Africa’s mobile money operators are making moves that give us an idea of how much their operations are worth. Valuating the sector has not been easy given several of the biggest mobile money operators are branches of other larger companies. A good case in point is South Africa mobile carrier MTN which recently revealed its mobile money unit is valued at $5 billion. The valuation is part of a bigger plan to either sell or list out a portion of it. This helps the businesses capitalize on investors eager for fintech assets
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