MTN Ghana elevated to major subsidiary status within MTN Group

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The Chief Executive Officer of MTN Group, Ralph Mupita, has named MTN Ghana as one of the Group’s three major subsidiaries, citing its performance and growth potential.

Mr. Mupita said Ghana has become one of the Group’s most significant operations. “Up until the end of last year, we had two major subsidiaries within the context of the MTN Group across all markets serving more than 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 said.

The change places MTN Ghana alongside the Group’s operations in South Africa and Nigeria.

Mr. Mupita also said MTN Ghana was the best-performing operation across the Group’s markets in 2025 under the Million Dollar Challenge, an internal competition that assesses strategic execution, innovation, and value creation. He congratulated the MTN Ghana board and staff.

During a three-day visit to Ghana, Mr. Mupita met with government officials and regulators. He held discussions with the Minister of Communication, Digital Technology and Innovations, Samuel Nartey George, on network performance and the possible release of 5G spectrum to expand home and enterprise connectivity.

He and his delegation also met with the Bank of Ghana and the Ghana Investment Promotion Centre (GIPC). Discussions at the central bank focused on collaboration to address fraud and mobile money scams. “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,” he said.

Mr. Mupita identified the digital economy and financial technology as the company’s main growth areas in Ghana, adding that MTN Ghana plans to introduce additional financial services while working with regulators to support financial inclusion goals.

He also referred to plans to work with the government on fibre optic expansion, data centre development, artificial intelligence deployment, and digital skills training. He cited a recent US$2 million commitment by MTN Ghana to the One Million Coders programme, focused primarily on young people, and noted interest in supporting Ghana’s creative sector. “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 creative content they can sell and build businesses around?” he said.

Drawing comparisons with India’s digital transformation, Mr. Mupita 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.

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