By Enock Akonnor (Managing Editor) enockakonnor2013@gmail.com
MTN Group President and CEO Ralph Mupita has announced a fresh commitment to reinvest approximately $1 billion in Ghana over the next three years, targeting next-generation digital infrastructure and workforce development in a move that reinforces Ghana’s standing as a regional technology powerhouse.
The medium-term investment pledge was disclosed during a high-level meeting in Accra with Ghana Investment Promotion Centre (GIPC) Chief Executive Officer Simon Madjie.
Discussions centred on aligning MTN’s capital allocation with Ghana’s ambitions to expand its artificial intelligence (AI) capabilities, scale cloud-based enterprise services, and strengthen its digital backbone.
Building AI-Ready Infrastructure
The planned reinvestment will prioritise large-scale data centre expansion, improved subsea cable connectivity, and enhanced fibre capacity.
These upgrades are expected to boost international bandwidth resilience and support Ghana’s push toward AI-enabled public and private sector services.
MTN’s continental strategy has placed digital infrastructure at the heart of its long-term growth model.
From January 2025, Mazen Mroue will lead the Group’s Digital Infrastructure (Infraco) division, overseeing fibre, mobility and the execution of a pan-African data centre programme.
Ghana is viewed as a strategic anchor within that programme, given its established subsea cable landing facilities and its reputation as one of West Africa’s most advanced digital economies.
Strong Performance Underpins Expansion
The investment decision follows robust first-quarter 2025 results across MTN’s largest markets.
MTN Nigeria recorded service revenue growth of 40.4 percent, while MTN Ghana achieved 39.5 percent growth; performance that strengthens the business case for accelerated capital expenditure.
In Ghana, the company has already completed the structural separation of MTN Ghana MoMo from its core telecommunications operations.
The restructuring is designed to unlock value, sharpen strategic focus and allow both units to pursue independent growth trajectories.
The new $1 billion pledge builds on MTN Ghana’s 2021 infrastructure investment target, which the company was on course to exceed after deploying approximately 9,000 kilometres of fibre nationwide to support expanding data demand.
Confidence in Ghana’s Recovery
Madjie welcomed the announcement, describing it as a clear vote of confidence in Ghana’s macroeconomic recovery and long-term investment climate.
Following debt restructuring, inflation has stabilised at about 5.4 percent, improving predictability for investors.
The GIPC is promoting three key pillars to attract capital in 2026: the 24-Hour Economy and Accelerated Export Development Programme, the Big Push infrastructure initiative, and agriculture-led transformation powered by renewable energy.
MTN’s renewed capital programme aligns closely with these priorities, particularly in strengthening digital infrastructure to support productivity and exports.
Investing in People, Not Just Platforms
Both leaders underscored that digital infrastructure alone will not secure Ghana’s competitiveness.
As part of the reinvestment drive, MTN will expand initiatives aimed at equipping Ghanaian youth with technology and digital skills suited to an AI-driven economy.
The emphasis on human capital reflects broader global concerns about workforce preparedness.
The KPMG 2025 Global CEO Outlook identified talent and skills shortages as one of the most significant risks facing technology and financial services sectors.
With the latest reinvestment pledge, MTN Group is signalling long-term confidence in Ghana’s digital future, positioning the country as a key node in Africa’s evolving technology and connectivity landscape.
Enock Akonnor is an experienced Ghanaian journalist, based in Kumasi and currently serves as the CEO and Managing Editor of www.leakyghana.com.
With a wealth of expertise built over many years in the media industry, he has earned a solid reputation as one of Ghana’s most sought-after journalists.
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✉️ enockakonnor2013@gmail.com
