MTN Group has elevated its Ghana operation to major subsidiary status, placing it alongside South Africa and Nigeria as one of the company’s three key markets.
Group Chief Executive Officer Ralph Mupita announced the decision, citing Ghana’s performance and growth outlook.
“Up until the end of last year, we had two major subsidiaries within the context of the MTN Group across all markets serving the 300 million plus 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 said.
MTN operates in multiple African markets and serves more than 300 million customers. The change formally recognizes Ghana as one of the group’s top-performing and strategically significant operations.
Mr. Mupita said MTN Ghana was also the best-performing operation across all markets in 2025 under the company’s internal “Million Dollar Challenge,” which assesses execution, innovation and value creation. He congratulated the Ghana board and management team for their performance.
The announcement was made during Mr. Mupita’s three-day visit to Ghana recently, where he met government officials and regulators.
He held talks with the Minister of Communication, Digital Technology and Innovations, Samuel Nartey George, on network performance and the potential release of 5G spectrum to improve home and enterprise connectivity.
The MTN delegation also met the Bank of Ghana and the Ghana Investment Promotion Centre (GIPC). At the central bank, discussions focused on fraud prevention in the mobile money sector.
“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,” Mr. Mupita said.
He described the digital economy and fintech as MTN Ghana’s main growth drivers and said the company plans to expand financial services in line with regulatory requirements and national financial inclusion goals.
Mr. Mupita also outlined plans to work with government on fibre optic expansion, data centres, artificial intelligence deployment and digital skills development. He referred to a recent US$2 million commitment by MTN Ghana to the One Million Coders programme, targeting young people, and signalled interest in supporting Ghana’s creative industry.
“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,” he said.
Drawing a comparison with India’s digital growth, he said Ghana could accelerate its development through sustained investment in digital infrastructure.
“Nothing stops Ghana from being able to leapfrog its own ambitions by a decade by deploying the digital economy and digital infrastructure going forward,” he said.
The elevation of MTN Ghana formalizes its position as one of the group’s three principal subsidiaries.
Source: www.kumasimail.com
