MTN CEO Says Africa Ripe for Growth in Fintech Services

MTN CEO Says Africa Ripe for Growth in Fintech Services

Assessment

Interactive Video

Business

University

Hard

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The video discusses MTN's strategic partnership with MasterCard to enhance payments and remittances across Africa. MTN plans to sell up to 30% of its Fintech business, potentially involving multiple strategic partners. The company aims to expand its advanced services, including bank tech and e-commerce, leveraging Africa's growing fintech market. Despite economic challenges, MTN continues to see growth in connectivity and transaction volumes.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the two aspects of the strategic partnership mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the estimated value of the business discussed in the partnership with MasterCard?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How much of the Fintech business is the company willing to sell?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the timing for bringing in a partner according to the text?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the basic services that have been provided by the company in Africa?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

How has mobile money grown in Africa compared to other emerging markets?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does the chief executive mention regarding the operating conditions in Africa?

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