MTN Ghana will invest GHS 15.7 billion (US$1.1 billion) over the next three years to expand its network infrastructure, enhance digital services, and strengthen financial technology. This substantial investment, with GHS 5.4 billion (US$380 million) allocated for 2026 alone, aims to accelerate Ghana's digital transformation and support broader socio-economic development.
The telecommunications company announced this commitment during its 30th-anniversary celebrations. The investment targets improving network coverage, scaling up next-generation technology, and deepening financial inclusion across the country. This move is expected to significantly impact Ghana's digital landscape, particularly in rural and semi-urban areas.
This major capital injection aligns with Ghana's broader push for digital transformation, a key pillar of its economic development strategy. Increased digital access and advanced technology are crucial for improving productivity and fostering innovation. The investment also reflects MTN's confidence in Ghana's economic prospects and its commitment to a digitally connected future.
Angela Mensah-Poku, Chief Enterprise Business Officer at MTN Ghana, stated that about 800 new cell sites would be constructed nationwide next year. These new sites will address existing network gaps and improve data capacity. She added that MTN is upgrading its core network systems to move beyond pilot stages into full commercial deployment of 5G technology. This rollout will deliver faster internet speeds and support advanced enterprise solutions.
The investment also focuses on strengthening the Mobile Money (MoMo) ecosystem and enterprise digital platforms. This will expand financial access and support the growth of micro, small, and medium-sized enterprises (MSMEs). MTN's decision to scale up investment follows strong performance in the first quarter of 2026, driven by increased demand for data and digital financial services.
MTN Ghana currently commands over 60 percent of the mobile voice and data market. The company contributes about 6 percent of the country's total tax revenue. It also supports thousands of jobs through its agents and vendor networks, making it a significant economic player. The company has evolved from a basic voice and SMS provider into a leading digital and financial technology company since entering the market in 1996 as SpaceFon.
This significant investment is expected to boost competition and innovation within Ghana's telecommunications sector. It will also likely spur further infrastructure development by other players. Decision-makers will monitor the rollout's impact on internet penetration rates and the growth of digital financial services. The successful implementation of 5G technology could position Ghana as a leader in digital connectivity in West Africa.
The company also plans to transition a significant part of its network infrastructure to renewable energy. This initiative is part of efforts to reduce carbon emissions and promote sustainability. MTN will also expand youth-focused digital skills and coding programmes, alongside interventions in health and education, further contributing to Ghana's human capital development.