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Apr
MTN Group Values Mobile-Money Arm At US$5 Billion, Considers IPO Next » Comments (1) Listen to Article WhatsApp Facebook Twitter Email This Print This MTN Ghana's Head Office in Accra [File Photo] MTN Group Ltd. is valuing its mobile-money arm at about $5 billion, joining African wireless carriers planning to list these businesses in a region that has more mobile-money accounts than anywhere else in the world. MTN’s valuation of its unit follows Mastercard Inc. and TPG Holdings LP investing $300 million in Airtel Africa’s mobile-money business at a $2.65 billion value. “With similar valuations to that of Airtel, our…