MTN Group

Investor type

VC

Founded

1994

AUM

$250 000 M

Location

Johannesburg, Gauteng, South Africa

Investment Ticket

$10-50 m

Investment Stage

Series B Seed

Region of investment

Middle East Africa
Investor profile last updated: 16 August, 2026

Profile

MTN Group is a prominent multinational telecommunications company based in Johannesburg, South Africa, founded in 1994. It serves over 288 million customers across 18 countries in Africa and the Middle East, making it one of the largest mobile network operators on the continent. The company is publicly listed on the Johannesburg Stock Exchange under the ticker MTN.

MTN offers a wide range of telecommunications services, including mobile voice and data services, internet services as a tier-one ISP, and a mobile money platform with over 20 million subscribers. The company also provides value-added services such as messaging apps and telemetric applications, along with affordable handsets to enhance accessibility. MTN's customer base includes individual consumers, small and medium enterprises, and large corporations, promoting digital inclusion through its services. The company is committed to corporate social responsibility and innovation, supporting community development initiatives and environmental management.

Industry

Digital Financial Services Mobile/Apps Telecommunications Business Services (B2B) Consumer Services (B2C) Fintech Technology

Contacts

Name
Title
Email
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Mazen Mroué Chief Executive Officer
Chief Executive Officer
m•••@•••
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Yolanda Cuba CA(SA) Deputy Chief Executive Officer (MTN SA)
Deputy Chief Executive Officer (MTN SA)
y•••@•••
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Investment-team contacts for MTN Group — including verified work emails and LinkedIn profiles — are available to Private Equity List subscribers.
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Contacts sourced from the firm's website and LinkedIn, re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.

FAQs about MTN Group

MTN Group is a venture capital firm. It backs companies at Series B and Seed, writing tickets of $10-50 m.
MTN Group is located in Johannesburg, Gauteng, South Africa.
MTN Group was founded in 1994.
MTN Group invests in companies and startups in Digital, Financial Services, Mobile/Apps, Telecommunications, Business Services (B2B), Consumer Services (B2C), Fintech, Technology.
MTN Group invests in companies and startups in Middle East, Africa.
MTN Group invests in companies and startups at Series B, Seed.
MTN Group usually invests $10-50 m on average.
MTN Group has around $250 000m assets under management.
MTN Group can be reached through its website mtn.com, its LinkedIn page and its X account. Its general enquiries address is [email protected]. Cold-mailing a general inbox rarely reaches a partner, so Private Equity List also lists the investment-team contacts for MTN Group — names, roles, verified work emails and LinkedIn profiles — available on a Pro plan from $129/month (see pricing). Contacts are sourced from the firm's website and LinkedIn and re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.
Yes. Every field on this page — profile, funds, investment criteria, portfolio and investment-team contacts — is available programmatically through the Private Equity List REST API and MCP server, so AI assistants such as Claude and ChatGPT can query MTN Group directly instead of scraping this page. One subscription covers both the web app and machine access — see API & MCP.
Private Equity List re-verifies investor profiles on a rolling cycle, pulling from the firm's own website and LinkedIn rather than a one-off import. This profile was last updated on 16 August, 2026. Something out of date here? Report it — we re-run that firm within 48h and get back to you.