The Cameroon business of pan-African telecom giant MTN Group has received some encouraging news from its parent company in the form of a promised major injection of cash.
The plan was announced during a visit to Cameroon by Ralph Mupita, president and CEO of MTN Group. He announced multi-million-dollar investments in the next few years in the service provider’s Cameroon operations.
Mupita told key stakeholders that MTN planned to commit to investments of US$100 million in 2025 and US$300 million over the next three years. These investments will go towards improving network infrastructure, including advancements in artificial intelligence and data centres.
Mupita and his delegation, along with an MTN Cameroon team, met with government officials in the capital, Yaounde, including the prime minister, the minister of posts and telecommunications, and the head of the regulatory body, as well as the South African high commissioner to Cameroon.
Quoted in a number of regional news outlets, an MTN group statement said: “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.”
The IT Web Africa news resource points out that earlier this year Mupita indicated that Cameroon, Ghana, and Uganda were critical to MTN, and that it was taking steps to improve its operations in order to maintain robust growth in these countries.
It also plans initiatives to turn around performances in Côte d’Ivoire, Rwanda and Zambia.
