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    Innovation Village | Technology, Product Reviews, Business
    You are at:Home»Africa»MTN Group pledges $215 million infrastructure investment in Benin

    MTN Group pledges $215 million infrastructure investment in Benin

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    By Tapiwa Matthew Mutisi on January 30, 2024 Africa, Business, Infrastructure, Investments, Leadership, News, Technology, Telecoms

    MTN Group, dedicated to driving digital solutions for the progress of Africa, has pledged to invest $215 million in infrastructure in Benin over the next three years, as well as building a state-of-the-art office for its subsidiary MTN Benin.

    The commitment was made during an MTN Group leadership visit to Cotonou, where the team had a meeting with President Patrice Talon. The MTN delegation included Group President and CEO Ralph Mupita, MTN Benin Chairman Amadou Raimi, Senior Vice President for Markets Ebenezer Asante, MTN Benin CEO Uche Ofodile, and MTN Group Chief Sustainability and Corporate Affairs Officer Nompilo Morafo.

    MTN, currently present in 19 markets with approximately 292 million subscribers, has tested its 5G services in West Africa, yielding promising results. The significant investment represents the telecom company’s exploration of how this opportunity could be beneficial to both itself and the host country.

    MTN Group CEO Ralph Mupita said, “MTN works to be a force for good in our markets, giving Africans hope, dignity and opportunity. We are grateful for the warm reception received in Benin, where we have trialled 5G services and see opportunities to progress this.”

    “We are committed to the development and upskilling of the Beninese youth and have made clear our desire to partner with the government and other stakeholders in this regard.”

    President Talon expressed his gratitude to the MTN delegation for their commitment and looked forward to future collaborations. The pledge comes as MTN Benin, which has around eight million subscribers, is set to celebrate 25 years of operations.

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    Africa benin Business digital Funding Infrastructure Investments Leadership MTN Group President Talon Technology Telecommunication
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    Tapiwa Matthew Mutisi
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    Tapiwa Matthew Mutisi has been covering blockchain technology, intelligent technologies, cryptocurrency, cybersecurity, telecommunications technology, sustainability, autonomous vehicles, and other topics for Innovation Village since 2017. In the years since, he has published over 4,000 articles — a mix of breaking news, reviews, helpful how-tos, industry analysis, and more. | Open DM on Twitter @TapiwaMutisi

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