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Monday, February 23, 2026

MTN to boost operations with $1.1 billion investment in three years

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Mr. Ralph Mupita, MTN Group President and Chief Executive Officer, has highlighted plans to increase investment in MTN Ghana’s operations to enhance service delivery and contribute to economic growth.

Interacting with journalists during a working visit to Accra, he said the company would commit a total of USD $1.1 billion to various aspects of the company’s local operations in the next three years.

The visit was to engage stakeholders and reaffirm the Group’s commitment to promoting Ghana as an attractive destination for investment.

Touching on plans for the business in Ghana, he emphasised expansion of digital infrastructure, quality service, and increasing Mobile Money coverage.

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Mr. Mupita met stakeholders of the business in Ghana, including the Bank of Ghana, the Ghana Investment Promotion Centre, the  Ministry of Communication, as well as management and staff of MTN Ghana, to share parts of the company’s objectives in the years ahead.

“In the last five years, we spent $1 billion in investment and in the next three years we are going to spent $1.1billio,n which is an acceleration of investment that excites us…

“We think there are opportunities for digital and financial inclusion, and we want to be seen by the Government of Ghana as a partner for progress within the President’s vision for the country,” he said.

Mr. Mupita added that the company would work to reduce fraud in the Mobile Money market with the help of Artificial Intelligence and related innovation.

He commended MTN Ghana for its impressive performance within the group in 2025 and said MTN Ghana would be added as a “third major subsidiary” of the MTN group, following its remarkable performance in the year under review.

“We are pleased with what we have seen the MTN Ghana business do…the future is exciting, and we want to allocate more capital in Ghana because we think capital allocation would have more socio-economic impact,” he noted.

The Group CEO acknowledged opportunities for digital and financial inclusion locally, and stressed efforts to resolve service quality challenges in peri-urban and rural areas of the country.

“Just this year only, we will roll out 500 new sites to deal with quality of service… on the Mobile Money side, we intend to provide more advanced services, and we have spent a bit of time talking to the Bank of Ghana and the broader team,” he noted.

Mr. Mupita affirmed the group’s commitment to supporting government initiatives aimed at improving digital skills and infrastructure in the country.

“We are also interested in supporting the youth to develop their creative skills, so they become content creators and not just content consumers,” he stated.

Mr Ebenezer Asante, Senior Vice President, MTN Ghana, said the company was well-positioned among its peers in the business and continued to demonstrate resilience as a market leader.

He noted that the organisation had, over the past 10 years, recorded positive growth and would continue to consolidate its achievements in various sectors of its operations.

“Digital is growing, fintech is growing, we are also modernising the user base and getting more customers to adopt smartphones…This is a business on multiple legs and all the legs are growing,” he said.

“Even as we see multiple growth, we are also very clear that there are other new pillars that will take over in the future.”

“Even as we perform, will have to transform, and we have a capable team that is ready to take the business forward.”

GNA

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