Accra, Ghana//-The Vice President (VP) of Southern and East Africa and Ghana (SEAGHA) Region of the MTN Group, Ebenezer Asante, has revealed all segments of the Group are growing.
According to him, the voice of the traditional service is just one of them. Data is growing. Fintech is growing, and some of the new services, like digital, we are beginning to see traction.
Mr Asante made this known when he and the Group President and CEO, Ralph Mupita, were engaging Ghanaian media on the performance of the Group and its Ghana subsidiary (MTN Ghana).
“They are also modernising the user base, getting more and more customers to adopt apps, more and more customers to adopt smartphones. Beyond the consumer segment, we are also now venturing into the home category, amongst others”.
So, it is not a business just on one leg. It is a business with multiple legs. All the legs are growing”, Mr Asante told the journalists at the event dubbed ‘Time With Ralph Mupita’.
The two executives were emphatic that even as they see today’s growth, they are also very “clear that into the future, there are other new pillars that will take over from today’s mature business into the future”.
Ghana is positioned very well
Answering a question on how is Ghana currently position within the broader MTN Group portfolio, Mr Asante said: “Ghana is positioned very well, and you may look at it both in terms of its historical account”.
This is a market that over the past 10 years or more has consistently delivered double-digit growth.
Over this period, it is only two years that Ghana underperformed against its inflation. Otherwise, consistently we have attained real growth all through, he added.
“So, if you look at it both in terms of the historical matrix as well as the more futuristic ones, Ghana is well positioned its peers not only within MTN Group but even its peers across the market and on the continent”.
You can just check for yourself in all accounts whether it is growth, whether it is social impact, whether it is economic inclusion, financial inclusion, etc., etc. Ghana is the real poster boy, he said.
Mr Mupita added that Ghana is very well positioned within the Group, and used the occasion to congratulate the MTN Ghana team.
“One of the reasons that I’m here to visit is their performance that they delivered in 2025”.
The Group President and CEO said MTN Ghana emerged as the overall best-performing operating company (OpCo) within the MTN Group 2025.
MTN Ghana took home the MTN Group 2025 Million Dollar Challenge, bolstering its position as a pacesetter across the Group’s markets.
“So, many commendations to Stephen Blewett, CEO of MTN Ghana and his team for their achievements”.
Accelerate capital investment
“The second proof point about Ghana’s importance is that we are going to accelerate capital investment within the business. $1.1 billion equivalent of capital investment into building the infrastructure over three years.
We did the last billion over five years. So, the acceleration is giving you confidence that is a material point”.
The final point is one of the communications points to the team today, which is 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.
Ghana is the third major subsidiary
That was South Africa and Nigeria. This year, we are adding Ghana as the third major subsidiary for the whole Group.
This is a significant achievement, and Mr Mupita went to thank the team at MTN Ghana and the board who have guided and governed this company to become a major subsidiary of the Group.
Mr Mupita and Mr Asante, who visited key government institutions such as the Bank of Ghana, Ghana Investment Promotion Centre (GIPC) and the Ministry of Communications, Digital Technology and Innovations as part of their three-day working visit, have since returned to South Africa.
