MTN Group Boss Plans US$1.1 Billion Investment in Ghana

MTN Group President and CEO, Ralph Mupita, has announced plans to invest US$1.1 billion to strengthen its infrastructure and improve service delivery.
The investment will be spread over the next three years.
“We are going to accelerate capital investment within the business, US$1.1 billion equivalent over three years, to build robust infrastructure. Previously, we invested US$1 billion over five years. This acceleration demonstrates that Ghana remains a material operation for the Group,” he said while addressing the media in Ghana as part of his visit.
The Group CEO also engaged with key stakeholders across the public sector with discussions focused on strengthening collaboration and driving investment to support Ghana’s national development.
In a further engagement with MTN Ghana’s leadership team and employees, he reiterated the Group’s confidence in the Ghana business and outlined expectations for the year ahead.
These engagements highlighted ongoing investment in network resilience, customer experience, digital innovation, and youth empowerment initiatives.
He also used the opportunity to announce that MTN Ghana has been formally elevated to the status of a major subsidiary within the MTN Group, reflecting its growing strategic importance within the MTN Group.
Senior Vice President of MTN Group, Ebenezer Asante, reiterated the importance of deepening collaboration with government and regulatory agencies.
“We are not only here to talk about what we have done in the past, but to engage in solutioning, to explore what more we can do together and how we can partner on future opportunities,” he said.
For his part, the CEO of MTN Ghana, Stephen Blewett, disclosed the company’s plans to roll out at least 500 new network sites by the end of 2026.
To put the expansion into perspective, Mr Blewett noted that MTN Ghana built 50 sites in 2025 and between 25 and 30 sites in 2024.
“Now, we are moving to 500 sites in a single year. And why are we doing that? Because it gives a better quality of service to our customers,” he said.
During his three-day visit, Mr Mupita visited key government institutions like the Bank of Ghana, Ghana Investment Promotion Centre (GIPC) and the Ministry of Communications, Digital Technology and Innovations.
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