MTN Ghana has been formally elevated to the status of a major subsidiary within the MTN Group, joining South Africa and Nigeria in the telecoms giant’s top tier of strategic operations, MTN Group President and Chief Executive Officer (CEO) Ralph Mupita announced during a three-day working visit to Accra that concluded on Friday, February 20, 2026.
Mupita confirmed the elevation during a media interaction, framing it as a direct expression of the Group’s confidence in Ghana’s trajectory as an investment destination. He emphasised that MTN Ghana had performed impressively within the Group in 2025, making it the third major subsidiary following Nigeria and South Africa.
Accompanying the announcement was a major capital commitment. MTN Group will allocate over US$1.1 billion in capital expenditure over the next three years to strengthen network infrastructure and enhance customer experience nationwide, a significant acceleration from the US$1 billion invested over the preceding five years.
The network expansion plans are striking in scale. MTN Ghana CEO Stephen Blewett disclosed that the company built 50 new network sites in 2025 and between 25 and 30 sites in 2024. This year, it plans to install at least 500 new sites, a tenfold jump tied directly to quality of service targets for customers in underserved areas.
During the visit, Mupita and his delegation engaged the Bank of Ghana (BoG), the Ghana Investment Promotion Centre (GIPC), and the Ministry of Communications, Digital Technology and Innovations. Board Chairman of MTN Ghana Dr Ishmael Yamson, MTN Ghana CEO Stephen Blewett, and Chief Corporate Services and Sustainability Officer Adwoa Afriyie Wiafi accompanied the Group CEO.
Beyond infrastructure, the Group outlined several strategic priorities for Ghana. MTN said it would collaborate with the Bank of Ghana (BoG) and deploy artificial intelligence (AI) tools to combat fraud in the mobile money ecosystem. The Group also signalled support for fibre rollout, AI data centres, and digital skills development for Ghanaian youth, with particular emphasis on creative content.
GIPC CEO Simon Madjie welcomed the capital commitment, framing it as a vote of confidence in Ghana’s investment climate during a period of macroeconomic stabilisation, noting that Ghana’s inflation has stabilised at around 5.4 percent following debt restructuring.
Mupita also pointed to India’s digital economy transformation as a reference point for what Ghana could achieve. MTN Group Senior Vice President Ebenezer Asante reinforced the message, saying the visit was about co-designing future opportunities as much as reviewing past results.
The Ghana visit came weeks after MTN made its largest infrastructure move in years at the Group level, acquiring the remaining 75 percent stake in IHS Towers, one of the largest tower infrastructure companies in Africa, in a deal valued at approximately US$6.2 billion. That acquisition deepens MTN’s control over the physical infrastructure underpinning its network operations across its 16 markets.
Source : www.newsghana.com.gh
