NetworkNewsBreaks – Tingo Inc.’s (TNMA) Subsidiary Taking Support of Women-Led Businesses to the next Level

Tingo (OTCQB: TMNA) has long supported farmers in Africa, especially women-led businesses, but its wholly owned subsidiary Tingo Mobile is elevating that support to the next level. The company is set to launch a ₦2.5 billion (approximately $6 million) fund to award grants mainly to female farmers and inspire a new generation of leaders committed to helping Nigeria reach its potential both in Africa and beyond. The company awarded the first ₦600,000 grant at the Exquisite Ladies of the Year (“ELOY”) Awards held in Lagos on Nov. 26, 2021. The award recipient was Etimbuk Imuk, a female farmer producing edible mushrooms that meet international standards. “With a proven commitment to supporting the Nigerian farming community, Tingo continues to find new ways to support the community throughout the country,” a recent article reads. “Through its device-as-a-service model, the company offers rural farmers the opportunity to use mobile devices to access Nwassa – its proprietary online agri-marketplace platform…” In addition, farmers have access to mobile wallet and payment services through TingoPay. “Now Tingo appears poised to deliver genuine gender equality and diversity by empowering women entrepreneurs who work in the agri-ecosystem.” The company is also poised to change the gender gap in the labor market in sub-Saharan Africa by investing in women’s economic empowerment, which establishes a direct route toward gender equality, poverty eradication and inclusive economic growth. To view the full article, visit https://nnw.fm/01UrG About Tingo International Holdings Tingo is a unique agri-fintech company using smartphones to deliver a marketplace that enables 10 million subscribers to manage their commercial activities of growing and selling their products to market participants. The ecosystem provides a one-stop-shop solution to enable subscribers to manage everything from airtime top-ups, bill pay services for utilities and other service providers to access to insurance services and microfinance to support their value chain from seed to sale. Tingo has two innovative platforms: Nwassa, Africa’s first digital agriculture ecosystem, and Tingo Pay, a mobile payment gateway. Tingo International Holdings is a majority shareholder in Tingo Inc., which owns 100% of Tingo Mobile PLC in Nigeria. For more information, visit the company’s website at www.TingoInc.com. NOTE TO INVESTORS: The latest news and updates relating to IWBB are available in the company’s newsroom at https://nnw.fm/IWBB About NetworkNewsWire NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge. To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 888-902-4192 (U.S. Mobile Phones Only) For more information please visit https://www.networknewswire.com Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer NetworkNewsWire (NNW) New York, New York www.networknewswire.com 212.418.1217 Office Editor@NetworkNewsWire.com NetworkNewsWire is part of the InvestorBrandNetwork