Ralph Mupita, President and CEO of MTN Group, has announced substantial multimillion-dollar investments in the company’s operations in Cameroon this week.
Mupita informed key stakeholders of MTN’s commitment to invest $100 million (62.4 billion XAF) in 2025 and an additional $300 million (187.2 billion XAF) over the next three years. These investments are aimed at enhancing network infrastructure, including advancements in artificial intelligence and data centers.
Mupita, accompanied by his delegation and an MTN Cameroon team led by CEO Mitwa Kaemba Ng’ambi, held meetings with several government officials in Yaoundé. The delegation met with Prime Minister Joseph Dion Ngute, Minister of State Ferdinand Ngoh Ngoh, Minister of Posts and Telecommunications Minette Libom Li Likeng, Philemeon P Zoo Zame, the Director General of the Telecommunications Regulatory Board, and Mandla Langa, the South African High Commissioner to Cameroon.
The Johannesburg-headquartered telecom company stated:
These high-level engagements underscore MTN’s dedication to fostering strong relationships with key stakeholders, ensuring a thriving telecom sector, and driving positive change in Cameroon. With these significant investments, MTN reaffirms its role as a leader in the digital transformation and economic development of Cameroon.
Earlier this year, Mupita highlighted that Cameroon, Ghana, and Uganda are critical markets for Africa’s largest telecom operator. He emphasized that MTN is taking steps to enhance its operations to sustain robust growth in these countries.
Mupita remarked: “In our markets portfolio, the priority is to sustain the strong growth in markets like Ghana, Uganda, and Cameroon, while implementing the necessary initiatives to turn around the performances in Côte d’Ivoire, Rwanda, and Zambia.”
