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The partnership between Mastercard and MTN Group is hoped will enable the millions of the mobile service provider's customers to pay on global online platforms with a Mastercard virtual payment solution linked to the MTN MoMo wallet.
MTN Group, Africa's largest mobile services provider, has donated $25 million towards the African Union's COVID-19 vaccination program.
MTN Group has announced that it has sold its 18,9% stake in New York Stock Exchange-listed Jumia Group. This ends MTN's journey as an investor in Jumia since 2013.