InvestorNewsBreaks – Tingo Group Inc. (NASDAQ: TIO) Announces Loan Facility to AFAN Farmers for Cultivation of New Farming Land
June 2, 2023
Tingo Group Inc. (NASDAQ: TIO), a global fintech and agri-fintech group of companies with operations in Africa, southeast Asia and the Middle East, is providing a 3 billion Naira (approximately USD$6.5 million) loan facility to the All Farmers Association of Nigeria (“AFAN”). The purpose of the loan, which is approximately US$6 million, is for the […]
InvestorNewsBreaks – Tingo Group Inc. (NASDAQ: TIO) Receives Positive Ratings from Globally Recognized Credit Rating Agency
May 24, 2023
Tingo Group Inc. (NASDAQ: TIO), a global fintech and agri-fintech group of companies with operations in Africa, southeast Asia and the Middle East, announced that it has received positive ratings from DataPro, the leading and globally recognized credit rating agency. Those ratings include a Short-Term Credit Rating of A1, an Investment Grade Long-Term Credit Rating […]
InvestorNewsBreaks – Tingo Group Inc. (NASDAQ: TIO) to be Included in Russell 3000(R) Index
May 22, 2023
Tingo Group Inc. (NASDAQ: TIO), a global fintech and agri-fintech group of companies with operations in Africa, southeast Asia and the Middle East, will be joining the broad-market Russell 3000 Index at the conclusion of the 2023 FTSE Russell indexes annual reconstitution process. According to the announcement, the inclusion is tentatively scheduled to occur after […]
InvestorNewsBreaks – Tingo Group Inc. (NASDAQ: TIO) Reports Q1 2023 Results
May 15, 2023
Tingo Group Inc. (NASDAQ: TIO), a global fintech and agri-fintech group of companies with operations in Africa, southeast Asia and the Middle East, is reporting numbers for its first quarter 2023, the first report released following the completion of the acquisition of Tingo Mobile Limited that include a full quarter of consolidated financial statements. The […]
InvestorNewsBreaks – Tingo Group Inc. (NASDAQ: TIO) to Host Q1 2023 Results Call
May 5, 2023
Tingo Group Inc. (NASDAQ: TIO), a global fintech and agri-fintech group of companies with operations in Africa, southeast Asia and the Middle East, has scheduled a conference call to discuss the company’s first-quarter results for the period ended March 31, 2023. The call is slated for May 15, 2023, at 8 a.m. ET. During the […]
InvestorNewsBreaks – Tingo Group Inc. (NASDAQ: TIO) Files Audited Financial Statements, Information for Recently Acquired Tingo Foods
April 27, 2023
Tingo Group Inc. (NASDAQ: TIO), a global fintech and agri-fintech group of companies with operations in Africa, southeast Asia and the Middle East, has filed required information with the U.S. Securities and Exchange Commission regarding the 100% acquisition of issued and outstanding share of Tingo Foods PLC. Of note, the filing reflects that Tingo Foods […]
InvestorNewsBreaks – Tingo Group Inc. (NASDAQ: TIO) Inks Tri-Partite Agreement with AFAN Solidifying Role as African Agri-Fintech Leader
April 26, 2023
Tingo Group Inc. (NASDAQ: TIO), a global fintech and agri-fintech group of companies with operations in Africa, southeast Asia and the Middle East, has entered into a tri-partite agreement with Prime Commodity Exchange (“PCX”) and All Farmers Association of Nigeria (“AFAN”). According to the announcement, the three companies have been given a three-decade lease over […]
InvestorNewsBreaks – Tingo Group Inc. (NASDAQ: TIO) Announces Participation at Annual Taglich Brothers Investment Conference
April 24, 2023
Tingo Group (NASDAQ: TIO), a global fintech and agri-fintech group of companies with operations in Africa, southeast Asia and the Middle East, will be presenting at the 19th annual Taglich Brothers Investment Conference; the event is scheduled for May 1–2, 2023, in New York City. According to the announcement, Tingo Group CEO Darren Mercer is […]
InvestorNewsBreaks – Tingo Group Inc. (NASDAQ: TIO) Releases Corporate Update, Notes Receipt of NASDAQ Notification
April 11, 2023
Tingo Group Inc. (NASDAQ: TIO), a global fintech and agri-fintech group of companies with operations in Africa, southeast Asia and the Middle East, announced that it has received a notification letter from NASDAQ that its stock has been under a minimum bid price of $1 for a period of 30 days. As a result, the […]
InvestorNewsBreaks – Tingo Group Inc. (NASDAQ: TIO) Releases FY 2022 Report
March 31, 2023
Tingo Group (NASDAQ: TIO), a global fintech and agri-fintech group of companies with operations in Africa, southeast Asia and the Middle East, is reporting on its fiscal year ending Dec. 31, 2022. According to the report, the November 2022 acquisition of 100% of Tingo Mobile made the company significantly profitable starting in December; the integration […]
InvestorNewsBreaks – Tingo Group Inc. (NASDAQ: TIO) Schedules Q4, FY 2022 Earnings Call
March 28, 2023
Tingo Group Inc. (NASDAQ: TIO), a global fintech and agri-fintech group of companies with operations in Africa, southeast Asia and the Middle East, will host a conference call and webcast to discuss its results for the fourth quarter and full fiscal year 2022. The call will be held Friday, March 31, 2023, and is slated […]
InvestorNewsBreaks – Tingo Inc. (TMNA) Partners with Dozy Mmobousi to Open Leadership Centre
December 29, 2022
Tingo (OTC: TMNA), a leading agrifintech business in Africa, and Dozy Mmobuosi, renowned technology entrepreneur and philanthropist, have together unveiled the Dozy Mmobuosi Leadership Centre (DMLC), located in Oxford, United Kingdom. The centre is designed to offer a monthlong, in-person transformational leadership program for entrepreneurs and those involved in both private and public service. The centre […]
InvestorNewsBreaks – MICT Inc. (NASDAQ: MICT) Regains Compliance with Nasdaq Listing Requirements
December 15, 2022
MICT (NASDAQ: MICT), which recently acquired the operating business and assets of Tingo (OTC: TMNA) (“Tingo Mobile Limited” or “Tingo Mobile”), announced that it has received a bid price compliance letter from the Nasdaq Stock Market LLC. The letter informs MICT that it has regained compliance with the minimum bid price requirement under Nasdaq Listing […]
InvestorNewsBreaks – MICT Inc.’s (NASDAQ: MICT) Subsidiary Establishes Strategic Presence in Malawi and East Africa
December 14, 2022
MICT (NASDAQ: MICT) announced that, together with its wholly owned subsidiary Tingo (OTC: TMNA) (“Tingo Mobile Limited” or “Tingo Mobile”), has today launched in Malawi, as it establishes a strategic presence in East Africa and accelerates its pan-African rollout. Having already achieved a substantial user base in West Africa, Tingo Mobile’s move into Malawi is […]
InvestorNewsBreaks – Tingo Inc. (TMNA) Partners with DMCC to Unveil Global Commodity Platform and Export Business
December 12, 2022
Tingo (OTC: TMNA), a leading agri-fintech business in Africa and a wholly owned subsidiary of MICT Inc. (NASDAQ: MICT), has partnered with the Dubai Multi Commodities Centre to launch a global commodity platform and export business. According to the announcement, Tingo Mobile’s strong relationships and trade deals with numerous Nigerian and Ghanian farming cooperatives and associations […]
InvestorNewsBreaks – Tingo Inc. (TMNA) Operating Business, Assets Acquisition by MICT Completed
December 1, 2022
Tingo (OTC: TMNA), a leading agri-fintech business in Africa, has been acquired by MICT Inc. (NASDAQ: MICT); the transaction was completed today. According to the announcement, the agreement includes 100% ownership of Tingo Inc.’s operating business and assets, specifically its subsidiary, Tingo Mobile Limited; 100% consolidation of Tingo Mobile’s revenues and income; 100% consolidation of Tingo […]
InvestorNewsBreaks – MICT Inc. (NASDAQ: MICT) Issues Update on Acquisition of Tingo Inc. (TMNA)
November 30, 2022
MICT (NASDAQ: MICT) previously announced that it is scheduled to complete the acquisition of the operating business and assets of Tingo (OTC: TMNA) by Nov. 30, 2022. This will be achieved through the acquisition of 100% of Tingo’s sole operating subsidiary, Tingo Mobile Limited. In return, MICT is issuing 19.9% of its common stock to […]
InvestorNewsBreaks – Tingo Inc. (TMNA), MICT Inc. (NASDAQ: MICT) Announce Tingo Mobile PLC’s Launch of Key Partnerships
November 16, 2022
Tingo (OTC: TMNA) and MICT (NASDAQ: MICT) today announced that Tingo Mobile, which is being wholly acquired by MICT with a scheduled completion date of Nov. 30, 2022, has launched its partnership with the All Farmers Association of Nigeria (“AFAN”) ahead of schedule. Through its recently disclosed trade deal with Tingo Mobile, AFAN has committed […]
InvestorNewsBreaks – Tingo Inc. (TMNA) Announces Strong Q3 2022 Results, Positioned for Continued Growth and Acceleration of Expansion Strategy
November 14, 2022
Tingo (OTC: TMNA) today announced that it has filed its quarterly report on Form 10-Q, wherein the company reported its financial results for the three and nine months ended Sept. 30, 2022. Among the highlights, the company reported growth in its Nwassa agri-fintech business that has driven increases of 64.8 % in revenues and 53.9 […]
InvestorNewsBreaks – Tingo Inc. (TMNA) Announces Launch of Operations in Ghana, Entry into Landmark Trade Deal with the Kingdom of Ashanti
November 10, 2022
Tingo (OTC: TMNA) today announced that Tingo Mobile PLC (“Tingo Mobile”) has opened a head office in Accra, Ghana, and has launched nationwide operations. According to the update, Tingo Mobile’s business in Ghana is held through a wholly owned subsidiary, Tingo Mobile Ghana Ltd (“Tingo Ghana”). To coincide with the launch, Tingo Ghana has agreed […]
InvestorNewsBreaks – Tingo Inc. (TMNA) Announces Filing of Definitive Information Statement to Merge with MICT
November 9, 2022
Tingo (OTC: TMNA), a leading agri-fintech business in Africa, has filed a Definitive Information Statement with the U.S. Securities and Exchange Commission (“SEC”). The statement outlines the completion of the merger between Tingo Mobile PLC, a wholly owned Tingo subsidiary, with MICT Inc., a NASDAQ-traded financial technology company; the merger should be complete by the end […]
InvestorNewsBreaks – Tingo Inc. (TMNA) Enters Trade Agreement with Nigeria Ag/Commodities Umbrella Organization
October 20, 2022
Tingo (OTC: TMNA), a leading agri-fintech business in Africa, has signed a trade agreement with the All Farmers Association of Nigeria (“AFAN”). Tingo has signed a merger agreement to be acquired by MICT Inc. (NASDAQ: MICT); AFAN is the umbrella body of the 56 recognized commodities and agricultural associations in Nigeria. According to the agreement, AFAN […]
InvestorNewsBreaks – Tingo Inc. (TMNA), MICT Inc. (NASDAQ: MICT) Enter Merger Agreement for Acquisition
October 7, 2022
Tingo (OTC: TMNA), a leading agri-fintech business in Africa, and MICT Inc. (NASDAQ: MICT), have signed a merger agreement outlining plans for MICT to acquire 100% of the operating business and assets of Tingo. According to the announcement, the new merger with the accompanying MICT funding should expedite the launch of Tingo’s food-produce export business; existing […]
InvestorNewsBreaks – Tingo Inc. (TMNA) Releases Strong Q2 2022 Results
August 23, 2022
Tingo (OTC: TMNA) today announced that it has filed its quarterly report on Form 10-Q, wherein the company reported its financial results for the three and six months ended June 30, 2022. Among the highlights, the company announced net revenues totaling $268.7 million for Q2 2022 vs. $100.7 million for Q2 2021, an increase of […]
InvestorNewsBreaks – Tingo Inc. (TMNA), MICT Inc. (NASDAQ: MICT) File Form S-4 Merger Registration and Joint Proxy Statement
July 26, 2022
Tingo (OTC: TMNA) and MICT (NASDAQ: MICT) today announced that they have filed a registration and joint proxy statement with the Securities and Exchange Commission (“SEC”) in connection with their anticipated merger. According to the update, the merger is expected to create a >$1.0 billion annualized revenue and highly profitable fintech and agri-fintech company serving […]
InvestorNewsBreaks – Tingo Inc. (TMNA) Reports on Annual Shareholder Meeting Results
June 6, 2022
Tingo (OTC: TMNA), a leading agri-fintech business in Africa, held its Annual Meeting of Stockholders last week. The meeting, which convened on June 2, 2022, had three agenda items, including the election of director nominees. The report noted that shareholders elected 10 director nominees for one-year terms. The nominees include Adewale Adebayo, John J. Brown, Christophe […]
InvestorNewsBreaks – Tingo Inc. (TMNA) Announces Q1 2022 Financial Results
May 16, 2022
Tingo (OTC: TMNA), the leading agri-fintech company operating in Africa, has filed its quarterly report on Form 10-Q, wherein the company reported its financial results for the three months ended March 31, 2022. Among the highlights, Tingo reported $257.1 million and $65.5 million in consolidated revenue and operating income, respectively, during the first quarter of […]
InvestorNewsBreaks – Tingo Inc. (TMNA), MICT Inc. (NASDAQ: MICT) Enter Definitive Merger Agreement
May 10, 2022
Tingo (OTC: TMNA), the leading agri-fintech company operating in Africa, and MICT (NASDAQ: MICT), a financial technology business principally focused on the growth and development of a suite of consumer fintech services, today announced the execution of a definitive agreement to merge and consolidate their operations. Under the merger, Tingo and MICT will create an […]
Tingo Inc. (TMNA) Pioneers an ESG Approach Within the African Continent
April 29, 2022
Women in Africa have often suffered from severe gender disparity; over a third of Africa’s female rural population have never accessed formal education with less than 24% having access to the Internet via a mobile device Tingo, Inc’s agri-marketplace platform, Nwassa, as well as its TingoPay payments system have sought to provide the company’s millions […]
InvestorNewsBreaks – Tingo Inc. (TMNA) Driven to Provide Technology Solutions, Positive Social Impact
April 27, 2022
Tingo (OTC: TMNA) founder and CEO Dozy Mmobuosi has spearheaded the company’s growth from an upstart selling ringtones to mobile phone networks into a robust agri-fintech ecosystem, a cellular network catering to rural locations, a leading mobile payment application (TingoPay), a digital agri-marketplace branded Nwassa, and nearly 10 million users in Nigeria that undergird annual […]
Tingo Inc. (TMNA) Paving the Road to Better Future for African Farmers, and Doing it with Social Consciousness
April 20, 2022
Tingo has built its business from a little start-up selling ring tones into an agri-fintech giant by bringing technology to uplift the underserved rural farming market in Nigeria The company has multiple partnerships in motion designed to provide financial inclusion and opportunities for small-to-medium size enterprises that fall under the UN guidelines for Sustainable Development […]
Tingo, Inc. Releases Results for 2021 and Engages Financial Advisor
April 2, 2022
NEW YORK, March 31, 2022 (GLOBE NEWSWIRE) — via InvestorWire – Tingo Inc, (OTC Markets: TMNA) (“Tingo” or the “Company”) has filed its annual report on Form 10-K, wherein the Company reported its audited financial results for the year ended Dec. 31, 2021. Given that the Company’s audited results reflected a partial operating year resulting from the acquisition […]
InvestorNewsBreaks – Tingo Inc. (TMNA) Engages Financial Advisor, Releases Annual Report
April 1, 2022
Tingo (OTC: TMNA), a leading agri-fintech business in Africa, is reporting its audited financial results for the year ended Dec. 31, 2021; the report included proforma financial results for Tingo Mobile because of the acquisition of the company, which is Tingo’s principal operating subsidiary. According to the announcement, TMNA reported 2021 revenues and operating income on […]
InvestorNewsBreaks – Tingo Inc. (TMNA) Committed to Uniting Commercial Success with Shared Prosperity
March 25, 2022
Tingo (OTC: TMNA) is eyeing a potential expansion beyond its domestic market – Nigeria – to elevate opportunities for rural communities across Africa. Tingo is poised to grow into a truly pan-African company and is seeking to increase its market footprint across 19 countries on the continent. “Uncompromised in its commitment to uniting commercial success […]
Tingo Inc. (TMNA) Aims to Expand Solutions Across Africa; Intends to List on NYSE and Become a Truly Continental Business with Global Reach
March 14, 2022
Tingo is looking into expanding market footprint across 19 African countries in a bid to scale its impact across continent Company has grand plans for the future, including listing on New York Stock Exchange to become a pan-African company with global outlook With unrelenting commitment to combine value creation for shareholders with inclusive growth, Tingo […]
InvestorNewsBreaks – Tingo Inc.’s (TNMA) Subsidiary Taking Support of Women-Led Businesses to the next Level
March 2, 2022
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 […]
InvestorNewsBreaks – Tingo Inc. (TMNA) Changing How Rural Business is Conducted in Africa, Making Returns While Doing Good
February 17, 2022
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 […]
Tingo Inc.’s (TMNA) Core Subsidiary Tingo Mobile Set to Launch Multi-Million Dollar Fund to Support Female Farmers; the First Grant Awarded to Female Fungus Farmer
February 10, 2022
Tingo build on strong focus on gender equality, encouraging women in business as core value while engaging thousands of women agents in Nigeria Company set to launch fund to award grants mainly to female farmers and inspire new generation of leaders Tingo to continue supporting Nigerian farmers as economic empowerment is considered key to achieving […]
How Tingo Inc. (TMNA)’s Digital Technology Seeks to Change Farming in Africa
February 8, 2022
Tingo has made it its corporate mission to transform the way rural business in Africa is conducted, thereby helping millions of people across Africa improve their economic prospects The company has based their business model around several key tenets, namely – the provision of technology through its unique ‘device-as-a-service’ model, access to financial services through […]
InvestorNewsBreaks – Tingo Inc. (TMNA) Changes Ticker Symbol, Launches New Website
February 7, 2022
Tingo (OTC: TMNA), a leading agri-fintech business in Africa, has received approval to change its ticker symbol from IWBB to TMNA; the change was made official by the Financial Industry Regulatory Authority (“FINRA”) on its Feb. 4, 2022, daily list. Tingo’s CUSIP number was also changed. According to the announcement, this approval means that electronic deposit and […]