- MICT ( NASDAQ: MICT ) said its merger target Tingo Mobile ( OTCPK:TMNA ) has signed a trade agreement with the All Farmers Association of Nigeria for additional subscribers.
- The financial technology company had announced a merger deal, whereby it will acquire the operating business and assets of Tingo.
- The association, an umbrella body of the 56 recognized commodities and agricultural associations in Nigeria, has committed to add at least 20M additional subscribers to the agri-fintech company's existing customer base.
- The new subscribers would mostly be small and medium-sized agricultural enterprises.
- Source: Press Release
For further details see:
MICT merger target signs trade agreement with Nigerian farmers association