The President and Chief Executive Officer of MTN Group, Ralph Mupita, has announced a fresh commitment to reinvest approximately US$1 billion in Ghana over the next three years, in a move aimed at deepening the country’s digital transformation and consolidating its position as a leading technology hub in West Africa.
The medium-term investment pledge was disclosed during a high-level engagement in Accra with the Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Simon Madjie. The discussions focused on aligning MTN’s capital deployment strategy with Ghana’s national development agenda, particularly efforts to expand artificial intelligence (AI) capabilities, scale cloud-based enterprise services, and strengthen the country’s core digital infrastructure.
Under the new investment drive, priority will be given to large-scale data centre expansion, enhanced subsea cable connectivity, and increased fibre network capacity. These upgrades are expected to significantly improve international bandwidth resilience, reduce latency, and provide the foundational infrastructure required to power AI-enabled services across both the public and private sectors.
MTN’s broader continental strategy places digital infrastructure at the centre of its long-term growth model. Effective January 2025, Mazen Mroue will lead the Group’s Digital Infrastructure (Infraco) division, overseeing fibre assets, mobility infrastructure and the rollout of a pan-African data centre programme. Within that framework, Ghana is regarded as a strategic anchor market, given its established subsea cable landing facilities and reputation as one of the most advanced digital economies in West Africa.
The decision to accelerate capital expenditure in Ghana follows strong financial performance across MTN’s key markets in the first quarter of 2025. MTN Nigeria recorded service revenue growth of 40.4 percent, while MTN Ghana posted 39.5 percent growth, reinforcing the commercial case for sustained investment in high-growth digital markets.
In Ghana, the company has completed the structural separation of MTN Ghana’s Mobile Money (MoMo) business from its core telecommunications operations. The restructuring is designed to unlock shareholder value, sharpen strategic focus and enable both entities to pursue distinct growth trajectories within their respective sectors.
The new US$1 billion pledge builds on MTN Ghana’s 2021 infrastructure investment programme, which the company was on course to exceed after deploying approximately 9,000 kilometres of fibre optic infrastructure nationwide to meet surging demand for data services.
Mr. Madjie welcomed the renewed commitment, describing it as a strong vote of confidence in Ghana’s macroeconomic recovery and long-term investment climate. He noted that following the country’s debt restructuring programme, inflation has stabilised at approximately 5.4 percent, creating a more predictable and investor-friendly environment.
The GIPC is currently promoting three strategic pillars to attract capital inflows in 2026: the 24-Hour Economy and Accelerated Export Development Programme, the Big Push infrastructure initiative, and agriculture-led transformation powered by renewable energy. According to officials, MTN’s expanded capital programme aligns closely with these priorities, particularly in strengthening digital infrastructure to enhance productivity, innovation and export competitiveness.
Beyond physical infrastructure, both leaders underscored the importance of investing in human capital to sustain Ghana’s digital ambitions. As part of the reinvestment drive, MTN will scale up initiatives aimed at equipping Ghanaian youth with relevant technology and digital skills tailored to an increasingly AI-driven global economy.
The focus on workforce development reflects wider global concerns about talent shortages in technology-related fields. The 2025 Global CEO Outlook by KPMG identified skills gaps and talent constraints as among the most significant risks confronting the technology and financial services sectors worldwide.
With the latest reinvestment pledge, MTN Group is signalling long-term confidence in Ghana’s economic trajectory and digital future. The investment is expected not only to strengthen connectivity and enterprise capabilities but also to position Ghana as a critical node in Africa’s evolving technology and digital infrastructure landscape.
