MTN Group Chairman and CEO Alph Mupita this week announced a multi-million dollar investment in the telco’s Cameroon operations.
Mupita briefed key stakeholders on MTN’s commitment to make a major investment of US$100 million (XAF 62.4 billion) in 2025 and US$300 million (XAF 187.2 billion) over the next three years.
These investments will be used to improve network connectivity, including advancements in intelligence and data centres.
Mupita and his delegation, along with the MTN Cameroon team led by CEO Mitwa Kaemba Ng’ambi, met with government officials in Yaounde.
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The Prime Minister, Minister of State Joseph Dion Ngute, Minister of Posts and Telecommunications Ferdinand Ngoh Ngoh, Minette LIBOM LI LIKENG, Director of the Telecommunications Regulatory Commission General Philemeon P Zoo Zame and the High Commissioner of Cameroon to South Africa met.
Johannesburg-based Telecoms said: “These high-level partnerships demonstrate MTN’s commitment to building strong relationships with stakeholders, ensuring the success of the telecommunications business and creating positive change in Cameroon through these significant investments, reiterating MTN’s leadership role in digital transformation and economic development in Cameroon.
Earlier this year, Mupita said Cameroon, Ghana and Uganda were important to Africa’s largest telecom operator and that it was taking steps to improve its operations for positive growth in these countries
Mupita said: “Our priority across our business portfolio is to achieve good growth in economies such as Ghana, Uganda and Cameroon, while taking the necessary steps to transform the business in Côte d’Ivoire, Rwanda and Zambia.
