MTN Seeking to Sell Stake in E-Commerce Business Dubbed 'Africa's Amazon'
- African wireless company may also sell holding in IHS Towers
- Jumia shares have jumped 142% this year after declines in 2019
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MTN Group Ltd. is planning to sell part or all of its $243 million interest in Jumia Technologies AG as Africa’s biggest wireless carrier looks to pay down debt and enter new markets, according to people familiar with the matter.