The Ghana Investment Promotion Centre (GIPC) has endorsed MTN Ghana’s ambitious plan to invest $300 million into the local economy over the next few years.
The move, aimed at accelerating Ghana’s digital transformation, is set to strengthen the country’s position as a regional leader in ICT and financial technology.
The Chief Executive Officer (CEO) of GIPC, Mr. Simon Madjie, described MTN as a cornerstone of Ghana’s digital economy.
He praised the telecom giant’s pivotal role in the development of the ICT and fintech sectors, which continue to drive financial inclusion and job creation across the country.
“MTN’s investment aligns perfectly with our national vision for digital innovation, inclusive growth, and regional economic development, GIPC remains committed to working with strategic partners like MTN to attract sustainable investments that benefit all Ghanaians,” he added.
According to Mr. Stephen Blewett, CEO of MTN Ghana, said MTN’s capital injection will focus on expanding digital infrastructure, particularly in underserved regions beyond Greater Accra.
He said the plan includes upgrading network capabilities, enhancing 5G readiness, and supporting digital literacy programs to empower small businesses and individuals.
However, the investment is expected to significantly boost the country’s digital capacity, enhance service delivery in sectors such as health, education, and agriculture, and support the scale-up of digital payment solutions and mobile money platforms.
For businesses, the move is also likely to attract more investors into the tech and telecom sectors, as improved infrastructure and policy support create a more conducive environment for innovation.
MTN’s expansion is anticipated to generate thousands of direct and indirect jobs, promote local entrepreneurship, and unlock new opportunities in Ghana’s growing digital economy.
Nonetheless, GIPC has reaffirmed its readiness to facilitate such partnerships and promote Ghana as a preferred investment destination in Africa.
“Ghana’s future is digital, and we must make deliberate investments to ensure that no one is left behind, together, we can build a more connected, competitive, and inclusive economy,” Mr. Madjie added.
