MTN Ghana has officially been elevated to a major subsidiary within the MTN Group, joining South Africa and Nigeria as one of the Group’s three most strategically important operations. The announcement was made by MTN Group Chief Executive Officer, Ralph Mupita, during his visit to Ghana.
According to Mr. Mupita, the elevation reflects MTN Ghana’s consistent performance and long-term growth potential. “Up until the end of last year, we had two major subsidiaries within the MTN Group across all markets serving over 300 million customers – South Africa and Nigeria. This year, we are adding Ghana as the third major subsidiary for the whole group, purely as a function of the way it has performed and the potential that we see going forward,” he stated.
He further emphasized the significance of Ghana’s performance within the Group, saying:
“Ghana has become one of our most significant operations. Its consistent delivery of growth, innovation, and operational excellence has set it apart as a key market for the MTN Group.”
MTN Ghana emerged as the best-performing operation across all MTN markets in 2025 under the “Million Dollar Challenge” – an internal competition designed to reward excellence in strategic execution, innovation, and value creation. Mr. Mupita congratulated the MTN Ghana Board and team for their hard work and dedication.
During his three-day visit, Mr. Mupita engaged with key stakeholders to deepen collaboration and unlock further growth. He held discussions with the Minister of Communication, Digital Technology and Innovations, Samuel Nartey George, focusing on improving network performance and exploring the release of 5G spectrum to enhance home and enterprise connectivity.
The MTN Group CEO and his delegation also met with the Bank of Ghana and the Ghana Investment Promotion Centre (GIPC) to strengthen partnerships supporting Ghana’s digital and financial ecosystem. At the Central Bank, discussions centered on leveraging artificial intelligence (AI) to combat mobile money fraud and enhance financial security. As Mr. Mupita stated:
“We are going to bring artificial intelligence (AI) to improve the ability to deal with scams and fraud that we see particularly in the mobile money market.”
Highlighting Ghana’s future growth prospects, he said:
“The digital economy and fintech are the two primary engines of growth for MTN Ghana. We intend to introduce more advanced financial services while maintaining close engagement with regulators to align with national financial inclusion objectives.”
Beyond telecommunications, Mr. Mupita reaffirmed MTN Group’s commitment to partnering with government to accelerate fibre optic expansion, develop data centers, deploy AI capabilities, and invest in digital skills and youth empowerment initiatives. He highlighted MTN Ghana’s recent US$2 million contribution to the One Million Coders program, primarily focused on youth development, and expressed interest in supporting Ghana’s creative economy:
“There’s a lot of talent in this country. How do we leverage the digital economy to create a platform for that talent; to build their own creative content they can sell and build businesses around?”
Drawing inspiration from India’s rapid digital transformation, he added:
“Nothing stops Ghana from being able to leapfrog its own ambitions by a decade by deploying the digital economy and digital infrastructure going forward.”
The elevation of MTN Ghana to major subsidiary status underscores the country’s growing strategic importance within the multinational telecom company and marks a significant milestone in Ghana’s digital journey.
Media Contacts:
Adwoa Wiafe – Chief Corporate Services and Sustainability Officer
Email: MTNGhana.MediaOffice@mtn.com
Efua Falconer – Acting Senior Manager, Corporate Communications
Email: MTNGhana.MediaOffice@mtn.com
About MTN Ghana
MTN Ghana, listed on the Ghana Stock Exchange, is the market leader in the country’s mobile telecommunications industry, offering Pay As You Go, Pay Monthly, and Mobile Financial Services. The company is part of the MTN Group, a leader in emerging markets with a clear vision to deliver a bold new digital world to customers. MTN Ghana’s strategy, Ambition 2025, focuses on leading digital solutions for Africa’s progress.
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