Mobile Money Rwanda Ltd Archives

CEO Ali Monzer Drives MTN Rwanda from Loss to Profit in Nine Months

Paul MurungiThe Big StoryNovember 6, 2025November 6, 2025

After a turbulent 2024 that saw MTN Rwanda plunge into a full-year loss, the company has staged a powerful turnaround under its new Chief Executive Officer, Ali Monzer. The former MTN Uganda Chief Technology & Information Officer, who took charge earlier this year, has not only stabilised the business but returned it to profitability, driven by a disciplined focus on fintech growth, operational efficiency, and digital inclusion. A veteran of the MTN Group, he had spent years building and optimizing networks across Africa and the Middle East. Before Rwanda, he served as Chief Technology Officer at MTN Uganda, where he…

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MTN Rwanda starts FinTech subsidiary, appoints Chantal Kagame as CEO

CEO ReporterMedia & CommunicationMay 5, 2021May 5, 2021

MTN Rwandacell, with approval from the National Bank of Rwanda, has set up its FinTech subsidiary, Mobile Money Rwanda Ltd, to provide and manage Mobile Money services in Rwanda. The Fintech has appointed Chantal Kagame as its Chief Executive Officer to drive business development, strategy, innovation, and day to day operations of the company. The setting up of Mobile Money Rwanda Ltd is said to be in line with MTN Rwanda’s strategy to lead digital solutions while contributing to the national economic strategy on enhancing cashless transactions that offer convenience and security to all Rwandans. About Chantal Chnatal has a…

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