MTN Ghana elevated to major subsidiary status

March 2, 2026

2 minutes read

The Chief Executive Officer of MTN Group, Ralph Mupita, has announced the elevation of MTN Ghana as one of the Group’s three major subsidiaries, reflecting the country’s growing strategic importance within the MTN network.

According to Mr. Mupita, Ghana has become one of the Group’s most significant operations, driven by strong performance and long-term growth prospects.

“Up until the end of last year, we had two major subsidiaries—South Africa and Nigeria—serving over 300 million customers across our markets. This year, we are adding Ghana as the third major subsidiary, purely based on its performance and future potential,” he said.

The elevation places MTN Ghana alongside the Group’s operations in South Africa and Nigeria, recognizing its consistent delivery of growth, innovation, and operational excellence.

Further reinforcing Ghana’s leadership within the Group, Mr. Mupita disclosed that MTN Ghana emerged as the best-performing operation across all markets in 2025 under the Million Dollar Challenge, an internal competition rewarding excellence in strategic execution, innovation, and value creation. He congratulated the MTN Ghana Board and team for their dedication and hard work.

During his three-day visit to Ghana, Mr. Mupita engaged 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 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 focused on collaboration to combat fraud and mobile money scams. “We are going to bring artificial intelligence (AI) to improve the ability to deal with scams and fraud, particularly in the mobile money market,” Mr. Mupita noted.

He identified the digital economy and fintech as the primary engines of growth for MTN Ghana, highlighting plans to introduce advanced financial services while maintaining close engagement with regulators to align with national financial inclusion objectives.

Beyond telecommunications, Mr. Mupita emphasised the 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 referenced MTN Ghana’s recent US$2 million commitment to the One Million Coders program, aimed at equipping youth with digital skills, 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 platforms for that talent, enabling them to build businesses around their creative content?” he asked. Drawing parallels with India’s rapid digital transformation, he expressed confidence in Ghana’s ability to accelerate development through deliberate digital investment: “Nothing stops Ghana from leapfrogging its ambitions by a decade through the digital economy and infrastructure.”

The recognition of MTN Ghana as a major subsidiary marks a significant milestone, underscoring Ghana’s growing strategic importance within the multinational telecoms company.

BY TIMES REPORTER

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