MTN Ghana reports 44.4% growth in mobile money transactions and plans $1.1 billion investment
MTN Ghana reported a 44.4% year-on-year increase in mobile money transaction value for the first half of 2026.
In Brief
- •MTN Ghana reported a 44.4% year-on-year increase in mobile money transaction value for the first half of 2026.
- •The company plans to invest $1.1 billion over three years to expand network infrastructure and digital services.
- •Service revenue reached GH¢15 billion, a 32.3% increase, and profit after tax increased by 46.8% to GH¢5.1 billion.
- •MTN Ghana is deploying 500 new network sites and upgrading rural infrastructure to extend 4G connectivity.
- •The company is investing in education, healthcare, and digital skills development through initiatives like the Girls-in-ICT programme.
Why It Matters
MTN Ghana's significant growth in mobile money transactions and substantial investment in network expansion and digital services highlight the company's commitment to leveraging digital technology to drive economic growth and improve service delivery in Ghana. This expansion is crucial for bridging the digital divide and supporting the country's transition to a more digital economy. The company's initiatives in education and healthcare also demonstrate its broader commitment to societal development.
Key Details
- Mobile Money Transaction Growth
- 44.4%
- Investment Plan
- $1.1 billion over three years
- Service Revenue
- GH¢15 billion (32.3% increase)
- Profit After Tax
- GH¢5.1 billion (46.8% increase)
- New Network Sites
- 500
- Girls-in-ICT Programme
- 1,000 girls and 100 teachers trained
Context & Background
MTN Ghana has been a significant player in Ghana's telecommunications sector, marking 30 years of operations in the country. The company has a long history of investing in network infrastructure and digital services to support economic growth and improve service delivery.
Original Reporting & Sources
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