MTN Group has announced plans to invest $1.1 billion in Ghana over the next three years, reinforcing its long-term commitment to the country and elevating its local operation to one of the company’s top-tier subsidiaries.
The announcement was made by Group President and CEO Ralph Mupita during a working visit to Accra, where he engaged government officials, regulators and business leaders. He said the investment reflects the company’s confidence in Ghana’s economic prospects and digital growth trajectory.
According to Mupita, the funding will be directed toward expanding network infrastructure, enhancing service quality and accelerating digital and financial inclusion initiatives. A significant portion will support the rollout of new cell sites and upgrades to existing infrastructure to improve connectivity, particularly in underserved and rural communities.
Ghana Now a Strategic Pillar
Following strong operational and financial performance, MTN Ghana has been elevated to become the third major subsidiary within the Group, alongside operations in South Africa and Nigeria.
The new designation underscores Ghana’s growing contribution to the Group’s overall portfolio across Africa and the Middle East. Mupita noted that the Ghana business has consistently ranked among the top performers in service delivery, innovation and market growth.
“This milestone signals the strategic importance of Ghana within our markets and our intention to continue investing for long-term impact,” he said.
Expanding Digital and Fintech Services
Beyond telecommunications infrastructure, the investment will also strengthen mobile financial services, including the expansion of MTN’s mobile money platform. The company plans to deploy advanced technologies, including artificial intelligence-driven tools, to enhance security, combat fraud and improve customer experience in the fintech space.
Mupita emphasized that the company’s broader vision includes supporting youth empowerment, digital skills development and entrepreneurship within Ghana’s growing digital economy.
Stakeholder Engagement
During the visit, senior executives met with key institutions, including the Bank of Ghana, the Ghana Investment Promotion Centre, and the Ministry of Communications, Digital Technology and Innovations, to discuss regulatory collaboration and investment facilitation.
The discussions focused on strengthening public-private partnerships to drive Ghana’s digital transformation agenda and ensure a supportive policy environment for sustained telecom and fintech growth.
Outlook
Industry observers say the $1.1 billion commitment positions Ghana as a central hub in MTN’s continental strategy. The expanded investment is expected to boost broadband penetration, enhance network reliability and stimulate innovation across sectors reliant on digital connectivity.
With the new capital injection and upgraded subsidiary status, MTN Ghana appears poised to play an even more prominent role in shaping the country’s digital future.