MTN reported a 15% year-on-year rise in digital services revenue to 1.85 billion South African rand (104 million US dollars) on a constant currency basis in the first half of 2025, driven by growth in new business (TV and video, gaming, lifestyle and advertising) in Nigeria and Ghana. MTN said it continues to work on "key growth initiatives including MTN TV, e-eerticals pilots (home security, eHealth and education), and integration of OTTs to lay the foundation to scale faster."
MTN also reported a 25% increase in fintech revenue to 14.7 billion rand (830 million dollars) "amid increasingly competitive trading conditions, with growth led by Ghana, Uganda and Rwanda." In the first half of 2025, MTN facilitated a total loan value of US$1.3 billion, up 80.4% on. constant currency basis. MTN also said MoMo Advance, "an in-session lending solution for customers, continued to scale in Uganda, Cameroon and Ghana; with plans underway to expand to additional markets later in H2 2025."
For MTN's insurtech business, active policies declined by 22.3% year-on-year as it focuses on higher-average revenue-per-policy and high-priority markets.
Source: MTN results
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