NetworkNewsBreaks – Tingo Inc. (TMNA) Changing How Rural Business is Conducted in Africa, Making Returns While Doing Good

Company: Tingo Inc. (TMNA)
Category: Stock Spotlights
Tingo (OTC: TMNA), over the past 20 years, has committed to developing solutions that support the long-term aspirations of rural farming communities across Africa. The company has made it its mission to change the way rural business is conducted in Africa, in the process helping millions of people across the continent improve their quality of life, income and prospects. Tingo’s business model is underpinned by four key pillars: Device-as-a-Service, Tingo Mobile Network, TingoPay, and Nwassa (a digital agricultural marketplace). “Through the combination of the four pillars, Tingo has sought to bundle a complete, digitally inclusive ecosystem, which promotes financial inclusion, delivers disruptive micro-finance solutions, produces social upliftment in rural communities, and unveils domestic and international opportunities to Africa’s rural farmers,” a recent article reads. The Nwassa platform generated $120.7 million in income as of the first nine months of 2021 and is projected to have processed up to $4 billion in transactions by year end, generating upwards of $160 million earnings. “Driven by an unrelenting mission to uplift rural communities and support growth in developing economies, Tingo Inc. has shown that it is indeed possible to achieve the most sought-after maxim in impact investing today — making returns whilst doing good.” To view the full article, visit https://nnw.fm/157d5 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

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