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Tingo Mobile Plc (OTC: IWBB) announced a strategic partnership with Visa Inc. (NYSE: V) to enhance financial services in Nigeria and expand across Africa. The collaboration aims to drive digital payments and financial inclusion through Tingo's platforms, Nwassa and Tingo Pay, which cater to agricultural communities. Tingo has over 9 million subscribers and employs a workforce of over 4,000 women agents, promoting gender equality. The partnership also focuses on financial education to empower communities, aligning with Tingo's goal of being Africa's leading Agri-Fintech company.
Tingo Inc (IWBB) announced the appointment of John J. Brown and Christophe Francois Charlier as Co-Chair of its Board of Directors to leverage their extensive global market experience. Brown, aged 63, brings a wealth of experience from UBS and Merrill Lynch, while Charlier, aged 49, has a strong background in international finance. Tingo's CEO expressed confidence that these appointments will enhance shareholder value. The company also boasts nearly 10 million subscribers and processes over 500,000 daily transactions valued at over $8 million USD, aiming to become Africa's leading Agri-Fintech platform.
